# The Cloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-cloud-2

- Industry: Internet
- Headquarters: Abu Dhabi, United Arab Emirates
- Website: www.thecloud.ae
- Total disclosed funding: $22M
- Latest round: Series B (Feb 19, 2024)
- Investors on record: 4

## About

Based in Abu Dhabi, UAE, and founded in 2019, The cloud operates as a service provider to several cloud kitchens by offering them a platform that allows them to increase their food orders. The company was founded by Georges Karam (CEO) and Kamil Rogalinski. In September 2022, The Cloud raised USD 10 million in series A funding co-led by Middle East Venture Partners and Olayan Group, with participation from another new investor Rua Growth Fund. As of 2022, the company offers its services in more than 7 countries, with more than 300 kitchens, and offers more than 28 platforms with more than 200 brands.

It offers a technology-based platform that helps food entrepreneurs, local restaurants,s and restaurant chains which help them manage their online delivery, sales insight, and supply chain. It uses a hybrid model (Business to business to customers) to work flexibly with both kitchens and food brands. The company provides the food business with a team that will help the business to manage its day-to-day operations and allow them to expand with low risk and capital. The platform helps its clients to increase delivery coverage and expand to new locations.

The company plans to use the September 2022 funds to expand in the Gulf region particularly Saudi Arabia and Europe and use to develop its artificial intelligence-powered kitchen matching platform.

## Funding rounds

- Series B, Feb 19, 2024, $12M — MENA Moonshots
- Series A, Sep 14, 2022, $10M — Olayan Group, Middle East Venture Partners, Osool & Bakheet Investment Company
- Seed, Dec 1, 2020 — Middle East Venture Partners

## Investors

- Middle East Venture Partners (https://capitalatlas.ai/funds/middle-east-venture-partners) — Seed, Series A
- Olayan Group (https://capitalatlas.ai/funds/olayan-group) — Series A
- Osool & Bakheet Investment Company (https://capitalatlas.ai/funds/osool-bakheet-investment-company) — Series A
- MENA Moonshots (https://capitalatlas.ai/funds/mena-moonshots) — Series B