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Kaso

Kaso

Active

B2B marketplace connecting restaurants to food suppliers

Dubai, UAEFounded 202150 employees
Logistics

Kaso digitizes the supply chain between restaurants and food suppliers in the Middle East.

Founders

Manar Alkassar

CEO & Co-founder

Funding Rounds

UndisclosedAug 2024

Lead: KBW Ventures

Investors: KBW Ventures

B2B food-tech; KBW Ventures (Prince Khaled bin Al-Waleed) announced an investment, amount and stage undisclosed. | B2B foodtech procurement; wrap attributes it to Saudi Arabia but KASO is widely described as Dubai-based - country left null. Stage and amount undisclosed. Date is the article date. Confidence: confirmed (round 13, Arab News).

SeedJul 2023
$10.5M

Investors: BY Venture Partners, Hala Ventures, Seedra Ventures, Pioneer Fund, Spade Ventures, Derayah Ventures, Vulpes Ventures, Cyfr Capital, Global Founders Capital, MSA Capital, Y Combinator, regional family offices

UndisclosedFeb 2022

Lead: Y Combinator

Investors: Y Combinator

Accelerator investment, YC Winter 2022 batch; amount not stated by the company (YC's standard W22 deal was $125k for 7% plus a $375k MFN safe, but Kaso never confirmed the figure — kept null). Also: https://www.ycombinator.com/companies/kaso Confidence: confirmed (round 13, Kaso (company press release)).

Pre-SeedSep 2021
$2.1M

Lead: Global Founders Capital

Investors: Global Founders Capital, MSA Capital, angel investors (ex-Careem, Delivery Hero, Apple, Faith Capital, Talabat, Eyewa, Instashop leaders)

Company labels it pre-seed and names Global Founders Capital and MSA Capital as co-leads (The National later calls it the 'initial $2.1m seed round' led by GFC and MSA Novo). Company was branded Elkaso at the time. Startup Intros lists Byld Ventures and Sequoia on this round — aggregator noise, not in the company release. Also: https://www.thenationalnews.com/business/start-ups/2023/07/12/saudi-fb-procurement-start-up-kaso-raises-105m-in-seed-round-to-fund-expansion/ Confidence: confirmed (round 13, Kaso (company press release)).

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