About Koinz
Koinz is a Consumer company based in Riyadh (Saudi Arabia) founded in 2019 by Ahmed Said and Hussein Momtaz. App based platform for food order and delivery. Koinz has raised $4.8 million across 1 funding round from investors including JAM Fund, Justin Mateen and 4DX Ventures. Its chief executive, as recorded, is Hussein Momtaz. Its website getkoinz.com draws about 77 thousand monthly visits. Its focus areas include Food and Agriculture Tech, Food Tech, Food Discovery and Ordering and Restaurant Aggregator. Its competitors include Jahez, The Chefz and Shgardi; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Riyadh, Saudi Arabia
- Founders Ahmed Said, Hussein Momtaz
- SectorsConsumer
- Website getkoinz.com
- Social LinkedIn
- Total Equity Funding$4.8M (USD)
in 1 rounds
- Latest Funding Round$4.8M (USD), Series A
Mar 2021
- InvestorsJAM Fund
& 2 more
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.
- Total Funding $4.8M
- Total Rounds 1
- Last Round Series A — $4.8M
- First Round $4.8M
(Mar 2021)
- Investors Count 3
All 1 funding rounds of Koinz with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $4.8M | Series A | – | Justin Mateen |
3 investors in total: 2 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in multiple sectors | jamfund.com | Las Vegas, United States | ||
Early-stage investments in technology companies are targeted by 4DX Ventures. | 4dxventures.com | Accra, Ghana | ||
JM Justin Mateen | Co-founder of Tinder, active angel investor in Indian startups | unknown_5bc3d5ac1cd44780b |
Investor details for Koinz
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Koinz
2 people are tracked at Koinz (2 in leadership).
| Name | Role | Group |
|---|---|---|
Ahmed Said | Co-Founder & CTO | Leadership |
Hussein Momtaz | Co-Founder & CEO | Leadership |
Complete people profiles for Koinz
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Koinz
2 dated milestones of Koinz across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Koinz is founded.
- Funding First funding round of $4.8M.
Competitors of Koinz
Koinz has 3 listed competitors in our database, 2 of them funded. They include Jahez, The Chefz and Shgardi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jahez.net | 2016 | Riyadh, Saudi Arabia | $36.5M | Food discovery and ordering are enabled via an online platform. | ||
| thechefz.co | 2016 | Riyadh, Saudi Arabia | $1.6M | An online platform for food discovery and ordering is operated. | ||
| shgardi.com | 2019 | Al Khobar, Saudi Arabia | Online plattform for food and grocery delivery services |
Detailed competitors of Koinz
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Koinz
The website of Koinz (getkoinz.com) receives about 77K visits a month.
- Monthly visits77K
▲ 89.8% vs previous month
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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 CEO of Koinz, as recorded in our data. They have also founded this company.
Koinz is a funded company, having raised a total of $4.8M across 1 funding round to date. The company's 1st funding round was a Series A of $4.8M, raised on Mar 2021.
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.