Top startups in Kuwait
There are 2,507 startups in Kuwait which include Boutiqaat, Baims, Ubuy, Circle, Weyay Bank. Out of these, 171 startups are funded, with 14 having secured Series A+ funding. Oil & Gas Midstream ($11.2B) and Oil & Gas Downstream ($8.28B) are the top-funded sectors in Kuwait, with over 12 companies, including KNPC and KPC. In the last five years, 25 companies raised over $4.99B in funding across 27 rounds.
Here is the list of top startups in Kuwait
1. Boutiqaat
Online influencer e-commerce platform offering multi-category products. The company mainly offers influencer recommended products including fashion, beauty, consumer electronics, sports, and more.
Key facts about Boutiqaat
- Founded Year: 2015
- Location: Hawalli (Kuwait)
- Stage: Series B
- Total Funding till date: $45M
- Investors: Boubyan Petrochemical Company
- Latest Funding Round: Series B, Jan 2018, $*****
- Tracxn Score: 59/100 What is this?
- Competitors Rank: 1 of 1 Competitors
2. Baims
Online platform providing courses on multiple topics. It offers courses on physics, chemistry, calculus, engineering, administrative & social science, Arduino, and more. The users can also add their own courses on the platform. The app is available on Android and iOS platforms.
Key facts about Baims
- Founded Year: 2018
- Location: Kuwait City (Kuwait)
- Stage: Series A
- Total Funding till date: $6.2M
- Investors: Rasameel Investment Company, AlWazzan Education and 1 Other
- Latest Funding Round: Series A, Mar 08, 2023, $*****
- Tracxn Score: 57/100 What is this?
- Competitors Rank: 10 of 3,041 Competitors
3. Ubuy
Online retailer offering multi-category products. The product catalog includes electronics, mobiles & accessories, fashion apparel, baby care products, office products, sports items, and more. The mobile application is available on both Android and iOS platforms.
Key facts about Ubuy
- Founded Year: 2012
- Location: Kuwait City (Kuwait)
- Stage: Unfunded
- Tracxn Score: 55/100 What is this?
- Competitors Rank: 8 of 432 Competitors
4. Circle
E-commerce platform enabling users to order groceries. The product catalog includes eggs, biscuits, rice, pulses, beverages, meat, and more.
Key facts about Circle
- Founded Year: 2020
- Location: Al Kuwayt (Kuwait)
- Stage: Series A
- Total Funding till date: $6M
- Latest Funding Round: Series A, May 23, 2025, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 3 of 23 Competitors
5. Weyay Bank
Provider of digital bank, offering smart and secure banking solutions. Offers customized debit cards and an app-based platform that is available on Android devices.
Key facts about Weyay Bank
- Founded Year: 2021
- Location: Kuwait City (Kuwait)
- Stage: Unfunded
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 1 of 1 Competitors
