About Calo
Calo is a company based in Bahrain founded in 2019 by Ahmed Al Rawi and Moayed Almoayed. It operates as a Subscription Services, and Direct-to-Consumer (D2C). Calo has raised $90.5 million across 4 funding rounds from investors including AlJazira Capital, Nuwa Capital and STV. Calo has completed 2 acquisitions, including Detox Kitchen and Fresh Fitness Food. Calo offers products and services including Customized Meal Plans and Meal Customization. Calo operates in a competitive market with competitors including EatFit, Lunchon.ae, Manzana Verde, V and ME and EatTasty, among others.
- Headquarter Bahrain
- Founders Ahmed Al Rawi, Moayed Almoayed
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Calo Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$90.5 M (USD)
in 4 rounds
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Latest Funding Round
$39 M (USD), Series B
Jul 29, 2025
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Investors
AlJazira Capital
& 10 more
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Employee Count
Employee Count
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Investments & Acquisitions
Detox Kitchen
& 1 more
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Products & Services of Calo
Calo offers a comprehensive portfolio of products and services, including Customized Meal Plans and Meal Customization. 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.
Meal plans are tailored for individual dietary needs.
Meals are customized based on personal taste preferences.
Unlock access to complete
Funding Insights of Calo
Calo has successfully raised a total of $90.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $39 million completed in July 2025. 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 4
- Last Round Series B — $39.0M
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First Round
First Round
(08 Dec 2021)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series B - Calo | Valuation | AlJazira Capital | |
| Dec, 2024 | Amount | Series B - Calo | Valuation | Nuwa Capital | |
| Dec, 2022 | Amount | Seed - Calo | Valuation | Nuwa Capital , STV |
| 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 Calo
Calo has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include AlJazira Capital, Nuwa Capital and STV. 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 focused on multiple sectors
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Founded Year | Domain | Location | |
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Growth equity is provided for early-stage tech startups by STV.
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Founded Year | Domain | Location | |
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Early-stage MENA startups across sectors are invested in.
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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 Calo
Calo has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Detox Kitchen and Fresh Fitness Food. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Pre-prepared ready-to-heat meals are delivered via an internet-first restaurant model.
|
2012 | ||||
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Online platform for ordering healthy meals
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Calo
| 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 |
Calo Comparisons
Competitors of Calo
Calo 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 EatFit, Lunchon.ae, Manzana Verde, V and ME and EatTasty, 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 |
Food ordering services are offered via an internet-first restaurant platform.
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| domain | founded_year | HQ Location |
On-demand meal delivery services are offered via an online platform.
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| domain | founded_year | HQ Location |
Healthy meal plans are delivered via an online platform.
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| domain | founded_year | HQ Location |
Internet first restaurant offering subscription-based healthy meals for kids
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| domain | founded_year | HQ Location |
Lunch delivery services are provided via an internet-first restaurant platform.
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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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Latest news on Calo
Frequently Asked Questions about Calo
When was Calo founded?
Calo was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Calo located?
Calo is headquartered in Bahrain.
Is Calo a funded company?
Calo is a funded company, having raised a total of $90.5M across 4 funding rounds to date. The company's 1st funding round was a Seed of $13M, raised on Dec 08, 2021.
What does Calo do?
Customized meal plans are offered by Calo for busy people seeking healthier lifestyles. Nutritional needs are analyzed through an algorithm to match individuals with chef-cooked meals tailored to personal goals and tastes. Flexibility in meal selection, calorie adjustments, and subscription management is provided. Services are extended across multiple countries including Saudi Arabia, UAE, and others, with a focus on customer support through 247 live chat. A continuously evolving menu ensures variety in meal options for subscribers.
Who are the top competitors of Calo?
Calo's top competitors include EatFit, Lunchon.ae and Manzana Verde.
What products or services does Calo offer?
Calo offers Customized Meal Plans and Meal Customization.
How many acquisitions has Calo made?
Calo has made 2 acquisitions, including Detox Kitchen, and Fresh Fitness Food.
Who are Calo's investors?
Calo has 11 investors. Key investors include AlJazira Capital, Nuwa Capital, STV, Khwarizmi Ventures, and Al Faisaliah Group.