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KASO is a seed company based in Dubai (United Arab Emirates), founded in 2021 by Ahmed Soliman and Manar Alkasar. It operates as a Provider of online ordering software for restaurants & suppliers. KASO has raised $12.7M in funding from investors like Global Founders Capital, Faith Capital and B&Y Venture Partners. The company has 1802 active competitors, including 164 funded and 51 that have exited. Its top competitors include companies like Toast, SpotOn and Olo.
Company Details
Provider of online ordering software for restaurants & suppliers. The platform enables restaurant owners to chat with suppliers, place and track orders, explore a marketplace, and generate LPOs. Suppliers can access new restaurants and can sell products.
- Website
- www.kaso.ai/
- Social
- Email ID
- *****@kaso.ai
Key Metrics
Founded Year
2021
Location
Dubai, United Arab Emirates
Stage
Seed
Total Funding
$12.7M in 3 rounds
Latest Funding Round
Investors
Ranked
36th among 1802 active competitors
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KASO's funding and investors
KASO has raised a total funding of $12.7M over 3 rounds. Its first funding round was on Sep 15, 2021. Its latest funding round was a Seed round on Jul 12, 2023 for $10.5M. 10 investors participated in its latest round, lead by B&Y Venture Partners.
KASO has 15 institutional investors including Global Founders Capital, Faith Capital and B&Y Venture Partners.
Here is the list of recent funding rounds of KASO:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jul 12, 2023 | $10.5M | Seed | 3173578 | 9385018 | |
Feb 24, 2022 | $125K | Seed | 7404142 | 6151406 | |
Sep 15, 2021 | $2.1M | Seed | 2351313 | 4758748 |
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KASO's founders and board of directors
Founder? Claim ProfileThe founders of KASO are Ahmed Soliman and Manar Alkasar.
View details of KASO's Founder profiles and Board Members
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KASO's Competitors and alternates
Top competitors of KASO include Toast, SpotOn and Olo. Here is the list of Top 10 competitors of KASO, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Toast 2011, Boston (United States), Public | Platform offering multiple restaurant operations management solution | $900M | 81/100 | |
2nd | SpotOn 1999, San Francisco (United States), Series F | Provider of cloud-based POS software solutions for businesses and service providers | $900M | 75/100 | |
3rd | Olo 2005, New York City (United States), Public | SaaS-based digital ordering and delivery platform for restaurant brands | $73.6M | 72/100 | |
4th | Buyers Edge Platform 2018, Waltham (United States), Series C | Online platform for food service supply chains | $455M | 68/100 | |
5th | Tillster 2006, San Diego (United States), Series C | SaaS-based online ordering, marketing and analytics solution for restaurant | $87.3M | 66/100 | |
6th | Zenput 2011, San Francisco (United States), Acquired | Platform offering software for mobile sales data collection | $47M | 66/100 | |
7th | TouchBistro 2010, Toronto (Canada), Series E | Provider of SaaS based software solutions for restaurants | $321M | 65/100 | |
8th | Odeko 2019, New York City (United States), Series E | Provider of online ordering solution for coffee businesses | $296M | 63/100 | |
9th | MarginEdge 2015, Arlington (United States), Series C | SaaS based restaurant management system | $83.2M | 62/100 | |
10th | Foodics 2014, Riyadh (Saudi Arabia), Series C | Cloud-based suite solutions for restaurants | $198M | 60/100 | |
36th | KASO 2021, Dubai (United Arab Emirates), Seed | Provider of online ordering software for restaurants & suppliers | $12.7M | 45/100 |
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KASO's Investments and acquisitions
KASO has made no investments or acquisitions yet.
Reports related to KASO
Here is the latest report on KASO's sector:
News related to KASO
•
Kaso Raises $10.5M in Seed FundingFinSMEs•Jul 22, 2023•KASO, B&Y Venture Partners, HALA Ventures, Seedra Ventures and 8 others
•
Foodics integrates with KASO to fully digitalize restaurants’ inventory managementZawya•Jan 23, 2023•Foodics, KASO
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