Retailo - About the company
Retailo is a series A company based in Riyadh (Saudi Arabia), founded in 2020 by Talha Ansari, Muhammad Nowkhaiz and Wahaj Ahmed. It operates as a Digital B2B marketplace and technology platform for small and medium-sized retailers. Retailo has raised $53M in funding from investors like Shorooq Partners, The Yusuf Bin Ahmed Kanoo Group and Abercross. The company has 9 active competitors, including 4 that are funded. Its top competitors include companies like Sary, Qawafel and Arzaq Plus.
Company Details
Digital B2B marketplace and technology platform for small and medium-sized retailers. It offers an online ordering platform for retailers to buy day-to-day inventory for the shops. The retail seller can download the app, register the shop, compare prices, select and place the order. The company offers mobile applications for Android and iOS platforms.
- Website
- retailo.co
- Email ID
- *****@retailo.co
- Phone Number
- +7 **********
Key Metrics
Founded Year
2020
Location
Riyadh, Saudi Arabia
Stage
Series A
Total Funding
$53M in 5 rounds
Latest Funding Round
Investors
Ranked
2nd among 9 active competitors
Employee Count
231 as on Jun 30, 2026
Investment & Acquisitions
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Retailo's funding and investors
Retailo has raised a total funding of $53M over 5 rounds. Its first funding round was on Oct 12, 2020. Its latest funding round was a Series A round on Nov 27, 2023 for $*****. 6 investors participated in its latest round. Retailo has 16 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Retailo:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 27, 2023 | 8480795 | Series A | 9037669 | 7496697 | 8317929 | 7745895 |
Feb 01, 2022 | 3982064 | Venture Debt | 8851023 | 4356962 | 2139712 | |
Feb 01, 2022 | 8035626 | Series A | 6210017 | 3332801 |
View details of Retailo's funding rounds and investors
Retailo's founders and board of directors
Founder? Claim ProfileHere are the details of Retailo's key team members:
- Talha Ansari: Former Co-Founder & CEO of Retailo.
- Muhammad Nowkhaiz: Co-Founder of Retailo.
- Wahaj Ahmed: Former Co-Founder & CRO of Retailo.
View details of Retailo's Founder profiles and Board Members
Retailo's employee count trend
Retailo has 231 employees as of Jun 26. Here is Retailo's employee count trend over the years:
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Retailo's Competitors and alternates
Top competitors of Retailo include Sary, Qawafel and Arzaq Plus. Here is the list of Top 10 competitors of Retailo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sary 2018, Riyadh (Saudi Arabia), Series C | App based marketplace platform offering multi-category products | $112M | 57/100 | |
2nd | Retailo 2020, Riyadh (Saudi Arabia), Series A | Digital B2B marketplace and technology platform for small and medium-sized retailers | $53M | 53/100 | |
3rd | Qawafel 2020, Riyadh (Saudi Arabia), Seed | Online B2B marketplace offering multi-category products | $3M | 40/100 | |
4th | Arzaq Plus 2018, Dammam (Saudi Arabia), Series A | Online marketplace offering multi-category grocery supplies for businesses | $3.2M | 38/100 | |
5th | Jomla 2018, Dammam (Saudi Arabia), Unfunded | Online marketplace platform offering grocery for businesses | - | - | 30/100 |
6th | Operator of a B2B marketplace platform for the food industry | - | - | 25/100 | |
7th | Provider of retail store aggregating solution for businesses | $64.7M | 24/100 | ||
8th | FIFOplus 2021, Jeddah (Saudi Arabia), Funding Raised | B2B marketplace offering multicategory grocery products | - | 22/100 | |
9th | FOEZY 2020, Dammam (Saudi Arabia), Deadpooled | Platform offering wholesale groceries delivery services | - | - | 18/100 |
10th | Dawan Riyadh (Saudi Arabia), Unfunded | B2B e-distributor platform offering groceries | - | - | 18/100 |
Looking for more details on Retailo's competitors? Click here to see the top ones
Retailo's Investments and acquisitions
Retailo has acquired DXBUY. Retailo has not made any investments as of now.Reports related to Retailo
Here is the latest report on Retailo's sector:
News related to Retailo
•
KSA-Based Retailo Acquires UAE’s DXBUY to Scale B2B Retail PlatformStartup Scene•Jan 28, 2024•Retailo, DXBUY
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Saudi Arabia’s Retailo bags $36m led by Graphene VenturesShareandstocks•Feb 15, 2023•Retailo, Graphene Ventures, 500 Global, Agility and 7 others
•
Muawin Announces a First-of-its-Kind B2B BNPL Partnership with RetailoProPakistani•Feb 25, 2022•Muawin, Retailo
•
Riyadh-Based Retailo Raises $36 Million to Expand Operations in PakistanProPakistani•Feb 01, 2022•Retailio, Graphene Ventures, Snap, Lyft and 12 others
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Riyadh-Based Retailo Raises $6.7 Million Seed To Grow Its B2B Marketplace In MENAPMartechvibe•May 06, 2021•Retailo, Shorooq Investments, Abercross, AgFunder and 1 other
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Retailo Signs Strategic Partnership with Maersk for Warehousing Solutions in PakistanProPakistani•Mar 31, 2021•Retailo, Maersk
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Pakistani Led B2B Startup Raises $2.3 Million in Pre-Seed FundingProPakistani•Oct 12, 2020•Retailo, Shorooq Investments, 500 Global, Retailo and 2 others
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