How Much Did Retailo Raise?
Funding & Key Investors

Retailo, a prominent B2B e-commerce platform based in Riyadh, has successfully navigated the complexities of the digital supply chain landscape to secure significant capital. With a total funding accumulation of $42.7M, the company has demonstrated a robust growth trajectory since its inception in 2020. The most recent strategic investment of $36M underscores the market confidence in Retailo's ability to modernize retail operations across the Middle East and North Africa. This infusion of capital marks a pivotal transition from early-stage development to a mature enterprise-level scaling phase, positioning the firm as a critical infrastructure provider for regional merchants.

What is Retailo?

Retailo
SoftwareCustomer Engagement PlatformsRetail

Retailo operates as a sophisticated B2B e-commerce platform designed to streamline the procurement and distribution processes for small and medium-sized enterprises. By digitizing the traditional supply chain, the company addresses systemic inefficiencies in the retail sector, providing merchants with a seamless interface to manage inventory and logistics. Its market position is defined by its deep integration into the local retail ecosystem, leveraging technology to bridge the gap between manufacturers and fragmented retail outlets. As the company continues to expand its footprint, it remains focused on enhancing operational transparency and logistical reliability for its growing user base.

How much funding has Retailo raised?

Retailo has raised a total of $42.7M across 2 funding rounds:

2021

Angel/Seed

$6.7M

2022

Series A

$36M

Angel/Seed (2021): $6.7M with participation from Abercross Holdings and Shorooq Partners

Series A (2022): $36M led by Shorooq Partners, AgFunder, Abercross Holdings, Agility Logistics Services, Tech Invest Com, Graphene Ventures, Arzan Venture Capital, Global 500 Investment, Aujan Group Holding, and Nahda Fund

Key Investors in Retailo

Shorooq Partners

Shorooq is a leading alternative investments manager based in the MENA region, focusing on venture capital and private credit to fuel the growth of visionary founders.

Abercross Holdings

Abercross Holdings is an independent FCA regulated investment and advisory firm focusing on high-growth, medium-sized companies in the UK, US, and MENA regions.

AgFunder

AgFunder VC is a global venture capital firm focused on advancing agrifood and human health through investments in deeptech platforms like AI and robotics.

What's next for Retailo?

Looking ahead, Retailo is well-positioned to leverage its recent capital injection to deepen its technological moat and expand its geographical reach. The strategic focus will likely shift toward optimizing last-mile delivery capabilities and integrating advanced data analytics to provide predictive insights for its retail partners. By maintaining strong relationships with its diverse investor base, Retailo is poised to navigate the competitive landscape of the MENA e-commerce sector, potentially exploring new product verticals or enhancing its existing fintech offerings to further empower the regional merchant community.

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Frequently Asked Questions Regarding Retailo Financial Insights

What are the most recent funding rounds that Retailo has completed, and what were the funding rounds?
Retailo has recently completed 2 funding rounds: Series A on Feb 1, 2022, Angel/Seed on May 6, 2021.
What is the total amount of funding Retailo has raised to date?
Retailo has raised a total of $42.7M in funding to date.
How many funding rounds has Retailo completed?
Retailo has completed 2 funding rounds.
How much funding did Retailo raise in its most recent funding round?
Retailo raised $36M in its most recent funding round.
Who are the lead investors in Retailo's latest funding round?
The lead investor in Retailo's latest funding round was Shorooq Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Retailo's history?
The largest funding round in Retailo's history was $36M.
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