About Retailo
Retailo is a Retail company based in Riyadh (Saudi Arabia) founded in 2020 by Muhammad Nowkhaiz. It operates as a digital B2B marketplace is operated for small and medium-sized retailers. Retailo has raised $53 million across 5 funding rounds from investors including Shorooq Partners, Aujan Group Holding and YBA Kanoo. Retailo has completed 1 acquisition, including DXBUY. Its focus areas include B2B E-Commerce, Food & Beverages, Groceries and Multi Category. Its competitors include Anchanto, Unicommerce, Sary, Shipup and FlixStock and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
Retailo was established in 2020 in Riyadh, Saudi Arabia, within the retail technology sector. A digital B2B marketplace and platform is maintained to support small and medium-sized retailers in sourcing daily inventory. Mobile applications for Android and iOS are provided, enabling shop registration, price comparisons, product selection, and order placement through an online interface. Operations focus on streamlining procurement for regional retailers.
- Headquarters Riyadh, Saudi Arabia
- Founders Muhammad Nowkhaiz
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website retailo.co
- Social LinkedIn X Facebook
- Total Equity Funding$53M (USD)
in 5 rounds
- Latest Funding Round$15M (USD), Series A
Nov 2023
- InvestorsShorooq Partners
& 15 more
- Investments & Acquisitions
Apps and channels of Retailo
Retailo publishes 1 mobile app with over 100K+ downloads.
Funding Insights of Retailo
Retailo has successfully raised a total of $53M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in November 2023. 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 $53M
- Total Rounds 5
- Last Round Series A — $15M
- First Round $2.3M
(Oct 2020)
- Investors Count 16
All 5 funding rounds of Retailo 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 |
|---|---|---|---|---|---|
| Nov 2023 | $15M | Series A | – | The Yusuf Bin Ahmed Kanoo Group | |
| Feb 2022 | $7M | Debt – Venture | – | – | |
| Feb 2022 | $29M | Series A | – | Graphene Ventures | |
| May 2021 | $6.7M | Seed | – | Shorooq Partners, Abercross | |
| Oct 2020 | $2.3M | Seed | – | Shorooq Partners |
16 investors in total: 15 institutional and 1 angel.
Investors in Retailo
Retailo has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Shorooq Partners, Aujan Group Holding and YBA Kanoo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Operations in industrial, energy, logistics, shipping, travel, and real estate sectors across multiple regions. | – | kanoo.com | - | |
Early-stage investments in tech companies are made by Shorooq Partners. | 2016 | shorooq.com | Abu Dhabi, United Arab Emirates | |
Private equity firm focused on buyouts | – | abercross.com | London, United Kingdom | |
US early-stage tech startups are funded by Graphene Ventures. | – | graphenevc.com | Palo Alto, United States | |
Venture capital and acceleration are provided to tech startups. | – | 500.co | Ho Chi Minh City, Vietnam | |
Sector agnostic VC arm investing in early-stage startups | – | agility.com/en/agility-ventures/ | Kuwait City, Kuwait | |
Seed stage venture funding is provided to startups by Mentors Fund. | 2017 | mentors.fund | - | |
Tech Invest Com is focused on investing in MENA-based tech startups. | – | techinvestcom.com | Riyadh, Saudi Arabia | |
Corporate-backed venture capital firm focused on gaming, food tech, and multiple sectors | – | arzanvc.com | Dubai, United Arab Emirates | |
Venture capital fund focused on ag-tech and food-tech sectors | – | agfunder.com | San Francisco, United States |
Investor details for Retailo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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People of Retailo
14 people are tracked at Retailo (1 in leadership, 13 in team).
| Name | Role | Group |
|---|---|---|
Muhammad Nowkhaiz | Co-Founder | Leadership |
Mudassir Hashim | Regional Sales Manager - Central & Eastern | Team |
Ayesha Haider | Customer Engagement Executive (international Campaign) | Team |
Nasir Zia Siddiqui | Devops Architect | Team |
uzair ahmed | SEO Associate | Team |
Gulfam Ali | Commercial Associate | Team |
Anas Hashmi | Growth Lead | Team |
Ifrah Khanzada | Customer Engagement Executive | Team |
Qasim Hayder | Growth Manager | Team |
Hassaan Saleem | Technical Lead | Team |
Sohail Shakeel | Sales Associate | Team |
Ayesha Siddique | CRM Associate | Team |
Hamza Jamil Malik | Growth Strategy & Analytics Manager - KSA | Team |
Abdul Munim | Senior Growth Lead | Team |
Complete people profiles for Retailo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Retailo
Retailo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DXBUY.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multi-category products are supplied via an online B2B eCommerce platform. | dxbuy.com | Dubai, United Arab Emirates | 2019 | Apr 2022 | •••• |
Complete acquisition details for Retailo
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- Exports
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Timeline of Retailo
4 dated milestones of Retailo across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Retailo is founded.
- Funding First funding round of $2.3M.
- Acquisition Acquires DXBUY.
- Funding Latest funding round, Series A, of $15.0M.
Competitors of Retailo
Retailo has 8 listed competitors in our database, 8 of them funded. They include Anchanto, Unicommerce, Sary, Shipup and FlixStock, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| anchanto.com | 2011 | Singapore | $16.1M | 96 | SaaS solutions for e-commerce and logistics operations are delivered. | |
| unicommerce.com | 2012 | Gurugram, India | $11.14M | 229 | Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping | |
| sary.com | 2018 | Riyadh, Saudi Arabia | $112.1M | – | Multi-category products are offered through an app-based marketplace platform. | |
| shipup.co | 2016 | Paris, France | $8.15M | – | Parcel tracking platform is offered for online retailers. | |
| flixstock.com | 2015 | Cumming, United States | $4.5M | 97 | AI-based 3D models and images are generated for fashion retailers. | |
| everstox.com | 2019 | Berlin, Germany | $25.97M | 19 | Cloud-enabled asset-light fulfillment services are provided for e-commerce and retail. | |
| airhouse.io | 2018 | San Francisco, United States | $11M | – | End-to-end logistics solutions for direct-to-consumer eCommerce are provided. | |
| tryoto.com | 2019 | Riyadh, Saudi Arabia | $11M | – | Multi-carrier solutions for eCommerce platforms are provided. |
Detailed competitors of Retailo
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- Full competitor set
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Web traffic of Retailo
The website of Retailo (retailo.co) receives about 2.6K visits a month.
- Monthly visits2.6K
▲ 133.7% vs previous month
Top companies in Food & Grocery Retail
10 companies that operate in the same segment as Retailo (Food & Grocery Retail), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Meal recipe kits are delivered through a weekly subscription service. | 2011 | Berlin, Berlin, Germany | USD 367.28 M | – | – | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | – | – | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.12 M | – | – | |
Multi-category products are delivered quickly through an online platform. | 2020 | Bengaluru, Karnataka, India | USD 2.3 B | USD 344.05 K | 100 | |
Organic groceries are offered through an online membership platform. | 2013 | Los Angeles, California, United States | USD 332.18 M | – | – | |
Online marketplace platform offering multi-category grocery products | 2012 | San Francisco, California, United States | USD 2.93 B | USD 3.74 B | 3,270 | |
Platform offering food and grocery delivery services | 2013 | London, England, United Kingdom | USD 2.95 B | USD 2.59 B | 3,960 |
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Related news about Retailo
Complete news archive for Retailo
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Frequently Asked Questions about Retailo
Retailo was founded in 2020.
Retailo is headquartered in Riyadh, Saudi Arabia.
Retailo is a funded company, having raised a total of $53M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Oct 2020.
Retailo was established in 2020 in Riyadh, Saudi Arabia, within the retail technology sector. A digital B2B marketplace and platform is maintained to support small and medium-sized retailers in sourcing daily inventory. Mobile applications for Android and iOS are provided, enabling shop registration, price comparisons, product selection, and order placement through an online interface. Operations focus on streamlining procurement for regional retailers.
Retailo has made 1 acquisition, including DXBUY.
Retailo has 16 investors. Key investors include Shorooq Partners, Aujan Group Holding, YBA Kanoo, Abercross, and Graphene Ventures.
Yes. Retailo publishes Retailo - B2B Retailer App, with over 100,000 downloads.