Barakah Overview

  • Year Founded
  • 2022

Year Founded

  • Status
  • Private

  • Employees
  • 33

Employees

  • Latest Deal Type
  • Early Stage VC

  • Investors
  • 12

Barakah General Information

Description

Developer of an online marketplace designed to help food retailers sell their surplus products and meals. The company provides discounted surplus items through a mobile application in real time and offers merchants a dashboard with business insights and impact analytics related to operational efficiency and ESG objectives, enabling restaurants, bakeries, hotels, and supermarkets to reduce food waste.

Contact Information

Website
www.barakah.app
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Olaya Tower 7878
  • Zayd Alansari Street
  • Jeddah 23617
  • Saudi Arabia
+966 012
Primary Industry
Other Restaurants, Hotels and Leisure
Other Industries
Application Software
Vertical(s)
FoodTech, Restaurant Technology, Mobile
Corporate Office
  • Olaya Tower 7878
  • Zayd Alansari Street
  • Jeddah 23617
  • Saudi Arabia
+966 012

Barakah Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Barakah Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Early Stage VC 01-Mar-2024 Completed Generating Revenue
3. Seed Round 05-Oct-2023 Completed Generating Revenue
2. Accelerator/Incubator 25-May-2023 $300K Completed Generating Revenue
1. Seed Round 03-Aug-2022 $300K $300K Completed Generating Revenue
To view Barakah’s complete valuation and funding history, request access »

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Barakah Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Barakah Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Doha Tech Angels Angel Group Minority
Food Labs Venture Capital Minority
Salica Investments Advisory Other Private Equity Minority
Annex Investments (UAE) Family Office Minority
KAUST Innovation Ventures Venture Capital Minority
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Barakah FAQs

  • When was Barakah founded?

    Barakah was founded in 2022.

  • Where is Barakah headquartered?

    Barakah is headquartered in Jeddah, Saudi Arabia.

  • What is the size of Barakah?

    Barakah has 33 total employees.

  • What industry is Barakah in?

    Barakah’s primary industry is Other Restaurants, Hotels and Leisure.

  • Is Barakah a private or public company?

    Barakah is a Private company.

  • What is Barakah’s current revenue?

    The current revenue for Barakah is .

  • How much funding has Barakah raised over time?

    Barakah has raised $1.8M.

  • Who are Barakah’s investors?

    Doha Tech Angels, Food Labs, Salica Investments Advisory, Annex Investments (UAE), and KAUST Innovation Ventures are 5 of 12 investors who have invested in Barakah.

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