Kitopi - About the company
Kitopi is a series C company based in Dubai (United Arab Emirates), founded in 2018 by Mohamad Ballout, Bader Ataya, Saman Darkan, Sami Bejjani and Andres Arenas. It operates as a Provider of a cloud-based network of food delivery businesses. Kitopi has raised $852M in funding from investors like SoftBank Vision Fund, Lumia Capital and Crescent Enterprises, with a current valuation of $1.55B. The company has 10 active competitors, including 4 that are funded. Its top competitors include companies like CloudKitchens, Kitch and OneKitchen.
Sectors and market segments that Kitopi operate in
Kitopi serves in the Food and Agriculture Tech, Real Estate and Construction Tech market segments.The primary business model of Kitopi are:Company Details
Provider of a cloud-based network of food delivery businesses. It helps food brands with delivery-only locations to launch online storefronts. It also offers infrastructure, management services, phone support, and delivery management. It serves burgers, crispy chicken, and rice dishes.
- Website
- www.kitopi.com/
- Social
- Email ID
- *****@kitopi.com
- Phone Number
- +971 **********
Key Metrics
Founded Year
2018
Location
Dubai, United Arab Emirates
Stage
Series C
Total Funding
$852M in 5 rounds
Latest Funding Round
Post Money Valuation
$1.55B as on May 12, 2022
Investors
Ranked
1st among 10 active competitors
Employee Count
3,708 as on Apr 30, 2026
Investment & Acquisitions
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Kitopi's funding and investors
Kitopi has raised a total funding of $852M over 5 rounds. Its first funding round was on Oct 06, 2018. Its latest funding round was a Series C round on Jan 30, 2026 for $50M. 1 investor participated in its latest round. Kitopi has 31 institutional investors.
Here is the list of recent funding rounds of Kitopi:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 30, 2026 | $50M | Series C | - | - | - | |
May 12, 2022 | $300M | Series C | $1.55B | - | ||
Jul 01, 2021 | $415M | Series C | $1B | - |
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Kitopi's founders and board of directors
Founder? Claim ProfileThe founders of Kitopi are Mohamad Ballout, Bader Ataya, Saman Darkan, Sami Bejjani and Andres Arenas. Mohamad Ballout is the CEO of Kitopi.
Here are the details of Kitopi's key team members:
- Mohamad Ballout: Co-Founder & CEO of Kitopi and founder of 2 other companies, BMB Group and Ripples Capital.
- Bader Ataya: Co-Founder of Kitopi and founder of 1 other company. Contact Info: 2 email addresses
- Saman Darkan: Co-Founder & CTO of Kitopi. Contact Info: 1 email address
- Sami Bejjani: Co-Founder & CFO of Kitopi. Contact Info: 1 email address
- Andres Arenas: Chief Property Officer & Co-founder of Kitopi.
View details of Kitopi's Founder profiles and Board Members
Kitopi's employee count trend
Kitopi has 3,708 employees as of Apr 26. Here is Kitopi's employee count trend over the years:
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Kitopi's Competitors and alternates
Top competitors of Kitopi include CloudKitchens, Kitch and OneKitchen. Here is the list of Top 10 competitors of Kitopi, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Kitopi 2018, Dubai (United Arab Emirates), Series C | Provider of a cloud-based network of food delivery businesses | $852M | 71/100 | |
2nd | CloudKitchens 2016, Los Angeles (United States), Series E | Provider of cloud-driven managed kitchen spaces | $1.25B | 62/100 | |
3rd |  Kitch 2020, Dubai (United Arab Emirates), Series B | Platform offering cloud kitchen and store-front operator | $15M | 38/100 | |
4th | OneKitchen 2018, Dubai (United Arab Emirates), Funding Raised | Provider of shared kitchen spaces | - | 30/100 | |
5th |  Creative+ Cloud Kitchens 2021, Dubai (United Arab Emirates), Seed | Provider of managed shared kitchen for restaurant businesses | $2M | - | 28/100 |
6th |  UniQitchen 2020, Dubai (United Arab Emirates), Unfunded | Platform offering cloud solution for delivery-only kitchens | - | - | 23/100 |
7th | The Leap Nation 2017, United Arab Emirates, Funding Raised | Food technology company operating virtual brands and restaurants | - | - | 23/100 |
8th |  KitchenPark 2016, Dubai (United Arab Emirates), Unfunded | Platform offering smart kitchen spaces designed for delivery-only operations | - | - | 18/100 |
9th |  Spaces Kitchens 2021, Dubai (United Arab Emirates), Unfunded | Provider of cloud-kitchen spaces for food businesses | - | - | 16/100 |
10th | Global Food Ventures Abu Dhabi (United Arab Emirates), Unfunded | Food tech company enabling kitchens and brands to grow through partnerships | - | - | 16/100 |
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Kitopi's Investments and acquisitions
Kitopi has acquired AWJ. Kitopi has not made any investments as of now.Reports related to Kitopi
Here is the latest report on Kitopi's sector:
News related to Kitopi
Filter this listMedia has covered Kitopi for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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EvolutionX Leads $50M Growth Capital Raise for Kitopi in GCC ExpansionZawya•Jan 30, 2026•EvolutionX, Kitopi, Temasek, DBS Bank and 2 others
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Cotu Ventures Launches First Fund With $54 MillionYahoo•Feb 27, 2024•COTU Ventures, Huspy, Supy, MoneyHash and 16 others
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Tabby raises USD 700m in debt financing from J.P. MorganThe Paypers•Dec 21, 2023•Tabby, J P Morgan, Hassana, Soros Capital Management and 12 others
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Kitopi saves one million tonnes of CO2 emissions through partnership with Fresh On TableCaterer Middle East•Dec 14, 2023•Kitopi, FRESHONTABLE
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Equity Management Platform Carta Announces Middle East ExpansionCrowdfund Insider•Dec 02, 2023•Carta, Global Ventures, BECO Capital, COTU Ventures and 4 others
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Kitopi’s partnership with Fresh on Table promises local ingredients and reduced emissionsCaterer Middle East•Aug 08, 2023•Kitopi, FRESHONTABLE
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Kitopi Appoints Wentzel David de Wet as Managing Director of KSAKitopi•Jul 24, 2023•Kitopi, Al Ghalia
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AWJ brands will benefit from Kitopi’s tech efficiencies, says CEOCaterer Middle East•May 12, 2023•AWJ, Kitopi
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FAQs about Kitopi
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