Qawafel

Riyadh, Saudi Arabia Founded: 2020 • Age: 6 yrs
Online B2B marketplace offering multi-category products
Annual revenue - Latest available
Total funding $3.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Qawafel

Qawafel is a company based in Riyadh (Saudi Arabia) founded in 2020 by Walid Al Ghobain, Walid Alanazi, Turki Alayyad, and Qays Bahurmuz. Qawafel has raised $3 million across 1 funding round from investors including unknown and Khwarizmi Ventures. Qawafel operates in a competitive market with competitors including Retailo, Sary, Ablife, Arzaq Plus and WEGOTRADE, among others.

  • Headquarter Riyadh, Saudi Arabia
  • Founders Walid Al Ghobain, Walid Alanazi, Turki Alayyad, Qays Bahurmuz
  • Sectors
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3 M (USD), Seed

    Mar 13, 2022

  • Investors
    unknown

    & 1 more

  • Employee Count
    Not available
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People of Qawafel

Headcount 50-200
Employee Profiles 11
Employee Profiles
People
Ramy Abdelhady
Head Of Operations & Customer Experience
People
Mohannad Keilani
Chief Financial Officer
People
Abuzer Ghifary
Finance Manager
People
Hossam Sherif
Engineering Manager

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Funding Insights of Qawafel

Qawafel has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in March 2022. 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 Qawafel

Qawafel has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include unknown and Khwarizmi Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage MENA startups across sectors are invested in.
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Investor details for Qawafel

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Investments & Acquisitions by Qawafel

Investments
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Investment portfolio details for Qawafel

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Financial Statements - Qawafel

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Detailed financials for Qawafel

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Qawafel Comparisons

Qawafel Primary company
Description
Online B2B marketplace offering multi-category products
Location
Riyadh, Saudi Arabia
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Qawafel

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Competitors of Qawafel

Qawafel 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 Retailo, Sary, Ablife, Arzaq Plus and WEGOTRADE, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Digital B2B marketplace is operated for small and medium-sized retailers.
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Multi-category products are offered through an app-based marketplace platform.
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Delivers comprehensive retail store aggregation solutions for businesses.
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Online marketplace offering multi-category grocery supplies for businesses
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B2B platform for food industry sales, ordering, and payments online.
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Detailed competitors of Qawafel

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Latest news on Qawafel

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Complete news archive for Qawafel

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Frequently Asked Questions about Qawafel

Qawafel was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Qawafel is headquartered in Riyadh, Saudi Arabia.

Turki Alayyad is the current CEO of Qawafel. They have also founded this company.

Qawafel is a funded company, having raised a total of $3M across 1 funding round to date.

Qawafel was established in 2020 in Riyadh, Saudi Arabia, as an e-commerce platform in the B2B sector. Multi-category products, including grocery, clothing, and cosmetics, are offered to connect retailers with suppliers. Operations are conducted through a website and a mobile application available for Android and iOS devices, facilitating transactions in the Saudi market.

Qawafel's top competitors include Sary, Retailo and Arzaq Plus.

Qawafel has 2 investors. Key investors include unknown, and Khwarizmi Ventures.

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