About Koinz
Koinz is a company based in Riyadh (Saudi Arabia) founded in 2019 by Ahmed Said and Hussein Momtaz. Koinz has raised $4.8 million across 1 funding round from investors including JAM Fund, Justin Mateen and 4DX Ventures. Koinz operates in a competitive market with competitors including Jahez, The Chefz, Jahez, Shgardi and Lugmety, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Ahmed Said, Hussein Momtaz
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Sectors
Consumer
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.8 M (USD)
in 1 rounds
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Latest Funding Round
$4.8 M (USD), Series A
Mar 08, 2021
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Investors
JAM Fund
& 2 more
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Employee Count
Not available
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Funding Insights of Koinz
Koinz has successfully raised a total of $4.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.8 million completed in March 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.
Investors in Koinz
Koinz has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include JAM Fund, Justin Mateen and 4DX Ventures.
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Venture capital fund investing in multiple sectors
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Early-stage investments in technology companies are targeted by 4DX Ventures.
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JM
Justin Mateen |
Co-founder of Tinder, active angel investor in Indian startups
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Investor details for Koinz
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Investments & Acquisitions by Koinz
Investment portfolio details for Koinz
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Financial Statements - Koinz
Detailed financials for Koinz
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Koinz Comparisons
Peer comparison for Koinz
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Competitors of Koinz
Koinz 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 Jahez, The Chefz, Jahez, Shgardi and Lugmety, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Food discovery and ordering are enabled via an online platform.
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An online platform for food discovery and ordering is operated.
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Food discovery and ordering are enabled via an online platform.
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Online plattform for food and grocery delivery services
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Lugmety is an online platform that delivers food from local restaurants to customers.
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Detailed competitors of Koinz
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Latest news on Koinz
Complete news archive for Koinz
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Frequently Asked Questions about Koinz
Koinz was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Koinz is headquartered in Riyadh, Saudi Arabia.
Hussein Momtaz is the current CEO of Koinz. They have also founded this company.
Koinz is a funded company, having raised a total of $4.8M across 1 funding round to date.
Koinz was established in 2019 in Riyadh, Saudi Arabia, as an app-based platform focused on food ordering and delivery. Operations are centered in the food delivery sector, where users place orders through the mobile application accessible at getkoinz.com. Services connect customers with local restaurants for seamless transactions and deliveries within the region. Leadership is provided by co-founders Hussein Momtaz, serving as CEO, and Ahmed Said, serving as CTO.
Koinz has 3 investors. Key investors include JAM Fund, Justin Mateen, and 4DX Ventures.