Funded Startups in Kuwait
Kuwait rounds shown here span 2020-06-08 (Ajar, Financial Services, $8M) through 2025-05-20 (Circle, Administrative Services, $6M), with the most recent di…
Kuwait rounds shown here span 2020-06-08 (Ajar, Financial Services, $8M) through 2025-05-20 (Circle, Administrative Services, $6M), with the most recent disclosed amount led by Sakan’s $12M (Series A on 2024-10-15). By disclosed size, the range is tight compared with that top end: aside from Sakan’s $12M and Circle’s $6M (2025-05-20), most other disclosed rounds sit at $8M or below, including $7M for Raha (2023-11-22), $6M for JustClean (2022-03-16), and $10M for COFE App (2021-04-20). Several entries also cluster around the same city and address format, all listing “Al Kuwayt, Kuwait” across the 14 rows.
The sector and stage mix skew toward commerce/shopping and early rounds: three of 14 entries are “Commerce and Shopping” (Waves 2024-06-10, Mushtari 2024-02-07, Raha 2023-11-22, plus Teeela 2022-08-01), while three finance-related companies appear (Ruba, Enabill, Ajar). Stage naming is also inconsistent: four of 14 rows are either “undisclosed” by amount (Waves 2024-06-10, Bookr 2024-02-06, Ruba 2022-10-23) or “Series Unknown” classifications (Bookr 2024-02-06, JustClean 2022-03-16, COFE App 2021-04-20), with only a subset clearly labeled as Seed or Series A.
Most recent rounds
14 shownRelated listings
Frequently asked
Which disclosed round is largest in this Kuwait list, and how far above the next amounts does it sit?
Sakan’s $12M Series A on 2024-10-15 is the largest disclosed amount in the 14 rows. The next-largest disclosed amounts are $10M for COFE App (2021-04-20) and $8M for Ajar (2020-06-08), so the $12M figure sits only modestly above the top tier rather than dwarfing it.
Do any sectors or categories show over-representation among these 14 recent entries?
“Commerce and Shopping” appears repeatedly: Waves (2024-06-10, undisclosed), Mushtari (2024-02-07, $200K), Raha (2023-11-22, $7M), and Teeela (2022-08-01, $4M) are all in that sector. Financial Services also clusters with Ruba (2022-10-23, undisclosed), Enabill (2022-05-24, $1M), and Ajar (2020-06-08, $8M).
Is there a notable time window where multiple funding rounds cluster?
Yes, the list shows back-to-back funding events in early 2024: Mushtari closes on 2024-02-07 ($200K) and Bookr follows on 2024-02-06 (undisclosed), then another round appears on 2024-06-10 (Waves, undisclosed) before Sakan’s 2024-10-15 $12M. That creates a dense 2024 run compared with 2020–2021’s more spread-out entries.
What stage/label mix dominates, and how often are the stage or amount not clearly disclosed?
Seed is common among labeled rounds (Waves is Seed but undisclosed; Mushtari $200K Seed; Raha $7M Seed; Teeela $4M Seed; Enabill $1M Seed). Amount and/or stage transparency is limited: three entries show “undisclosed” amounts (Waves 2024-06-10, Bookr 2024-02-06, Ruba 2022-10-23), and three entries carry “Series Unknown” or “Venture - Series Unknown” labels (Bookr 2024-02-06, JustClean 2022-03-16, COFE App 2021-04-20).
Are there outliers worth focusing on beyond the largest round?
On the low end, Mushtari’s $200K Seed round (2024-02-07) is an outlier versus the rest of the disclosed amounts, which mostly range from $1M to $10M (for example, Enabill at $1M on 2022-05-24 and COFE App at $10M on 2021-04-20). On the high end, Sakan’s $12M (2024-10-15) is the clear peak, while several other larger rounds are still clustered within the single-digit-to-$10M band (e.g., Raha $7M on 2023-11-22 and Ajar $8M on 2020-06-08).
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