About WellPal
WellPal is a company based in Riyadh (Saudi Arabia) founded in 2020 by Mohamed Ali.. WellPal operates in a competitive market with competitors including Nana, Jumlaty, FreshVery, Doos and Baabek, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Mohamed Ali
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
Flat6Labs
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of WellPal
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Angel Round - WellPal | Valuation |
investors |
|
| Jun, 2022 | Amount | Seed - WellPal | Valuation |
investors |
|
| Jan, 2022 | Amount | Seed - WellPal | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WellPal
WellPal has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Flat6Labs and UI Investments. 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 |
|---|---|---|---|---|
|
Startups are accelerated and funded via venture capital investments.
|
Founded Year | Domain | Location | |
|
Customized investment solutions for startups and SMEs are provided by UI Investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by WellPal
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - WellPal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wellpal Comparisons
Competitors of WellPal
WellPal 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 Nana, Jumlaty, FreshVery, Doos and Baabek, 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 |
Multi-category grocery products are offered via an app-based retail platform.
|
|
| domain | founded_year | HQ Location |
App-based platform offering multi-category grocery products
|
|
| domain | founded_year | HQ Location |
Online platform for fresh fruits, vegetables, and grocery delivery services.
|
|
| domain | founded_year | HQ Location |
Delivers over 5000 unique items quickly with free delivery codes.
|
|
| domain | founded_year | HQ Location |
Baabek is an online platform for convenient purchasing and delivery of grocery products.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about WellPal
When was WellPal founded?
WellPal was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is WellPal located?
WellPal is headquartered in Riyadh, Saudi Arabia.
Who is the current CEO of WellPal?
Mohamed Ali is the current CEO of WellPal. They have also founded this company.
What does WellPal do?
Online platform offering variety of health and wellness products. It offers a wide range of items, including natural oils like olive oil and essential oils, herbs such as green tea and green coffee, hair and skincare products like shampoos, conditioners, and oils, kitchen essentials like molasses, vinegar, rice, and pasta, and healthy foods like diet pasta and rice.
Who are the top competitors of WellPal?
Who are WellPal's investors?
WellPal has 2 investors. Key investors include Flat6Labs, and UI Investments.