About Akeed Delivery
Akeed Delivery is a company based in Muscat (Oman) founded in 2014 was acquired by Snoonu in May 2022.. Akeed Delivery has raised $2.5 million across 1 funding round from investors including Snoonu, Phaze Ventures and IDO Investments. Akeed Delivery offers products and services including Slot Games Platform and Game Features. Akeed Delivery operates in a competitive market with competitors including TMDONE, Aziz Food, Swiftlly, Habta and Khubz Arabi, among others.
- Headquarter Muscat, Oman
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Sectors
Consumer
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Email
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Phone
*********
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Website
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Social
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Products & Services of Akeed Delivery
Akeed Delivery offers a comprehensive portfolio of products and services, including Slot Games Platform and Game Features. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for playing digital slot games with jackpot spins.
Tools for bonus hunting and high RTP experiences in gaming.
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Funding Insights of Akeed Delivery
Akeed Delivery has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.5M
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First Round
First Round
(15 Dec 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Seed - Akeed Delivery | Valuation | Phaze Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Akeed Delivery
Akeed Delivery has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Snoonu, Phaze Ventures and IDO Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm for startups, corporates and the youth
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Founded Year | Domain | Location | |
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Startups are targeted for investments by this venture capital firm.
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Founded Year | Domain | Location | |
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App based platform to book delivery and concierge services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Akeed Delivery
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Akeed Delivery
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Akeed Delivery Comparisons
Competitors of Akeed Delivery
Akeed Delivery operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TMDONE, Aziz Food, Swiftlly, Habta and Khubz Arabi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Super app for ordering food and needs with seamless delivery across Oman.
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| domain | founded_year | HQ Location |
Functions as an online platform aggregating restaurants for users.
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| domain | founded_year | HQ Location |
Offers a platform for food ordering and delivery services.
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| domain | founded_year | HQ Location |
Offers an online platform for food ordering and delivery services.
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| domain | founded_year | HQ Location |
Operates a digital platform for seamless food ordering and delivery services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Akeed Delivery
When was Akeed Delivery founded?
Akeed Delivery was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Where is Akeed Delivery located?
Akeed Delivery is headquartered in Muscat, Oman.
Is Akeed Delivery a funded company?
Akeed Delivery is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Dec 15, 2021.
What does Akeed Delivery do?
Akeed Delivery was founded in 2014 in Muscat, Oman, as an online platform in the food delivery sector. Users are enabled to browse, search, and place orders from nearby restaurants, food stores, and bakeries. Deliveries are handled by an in-house team throughout Oman. The service is accessed via a mobile application available for Android and iOS devices.
Who are the top competitors of Akeed Delivery?
What products or services does Akeed Delivery offer?
Akeed Delivery offers Slot Games Platform and Game Features.
Who are Akeed Delivery's investors?
Akeed Delivery has 3 investors. Key investors include Snoonu, Phaze Ventures, and IDO Investments.