Qawafel
The Modern Destination for Saudi Trade
Saudi Arabia · $3.0M raised
- Business Model
- Marketplace
- Website
- qawafel.sa
- Total Funding
- $3.0M
- Last Round
- $3.0M SeedMar 2022
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Qawafel is a Saudi digital trade platform that unifies wholesalers, retailers, suppliers, and manufacturers on one system for commerce, e-invoicing, financing, and logistics. Born in Saudi Arabia, it lets suppliers run wholesale storefronts, connect with verified retailers, and offer deferred payment while receiving dues instantly through Al Rajhi Bank. The company aims to connect hundreds of thousands of commercial entities and support Vision 2030 by digitizing wholesale and retail operations with data-driven tools for sales, cash flow, and growth.
Summary
Qawafel is an E-Commerce company based in Saudi Arabia. It has raised $3.0M in total across 1 round, most recently a $3.0M Seed round in Mar 2022. Investors include Khawarizmi Ventures.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Mar 2022
Investors
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