COFE App is an online marketplace for coffee and all related accessories through various vendors hosted on its platform.
Cofe provides a mobile application that brings coffee shops including international franchises as well as artisanal shops onto one intelligent platform.
COFE App was founded in 2017 by Ali Al Ebrahim. The company is headquartered in Kuwait City, Kuwait, with an office in Dubai, UAE, and Saudi Arabia.
COFE's app allows users to order coffee, capsules, beans, coffee machines and associated products from shops or vendors hosted on its platform.
COFE acquired the UAE-based coffee marketplace Sippy Beans in 2021 as it sought to widen its offerings. In March last year, it acquired the Saudi Arabian app Kaffeen for an undisclosed sum in a move to consolidate its presence across the region.
COFE has seen wide-spread acceptance from users in the Kingdom and was listed as one of the Top 10 Most Downloaded Food Delivery and Restaurant Apps (2021) in the kingdom. The company has also partnered with the Saudi Coffee Company, established by the kingdom’s sovereign wealth fund, the Public Investment Fund.
Cofe is backed by Al Imtiaz Investment Group, Wa'ed Ventures, KISP Ventures (KFH Capital), eWTP Arabia Capital, Towell Holding International, Takamul Capital, Dividend Gate Capital, Arab Investment Company, Rasameel Investment Company, and others. The company raised $15M in a Series B round on Mar 14, 2023. This brings Cofe's total funding to $28.2M to date.