Melltoo
Company

Last deal

Amount

Seed

Stage

30.09.2019

Date

3

all rounds

$1.21M

Total amount

date founded

Financing round

General

About Company
Melltoo is a mobile marketplace for buying and selling second-hand things.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2013

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

Melltoo works in three simple steps: the seller lists an item for sale, the buyer pays for it in-app, and Melltoo picks it up from the seller and delivers it to the buyer. Both parties are protected by a 3-day money-back guarantee, and the company collects and delivers items safely without the need for time-consuming meetups, ensuring that buyers get the item and sellers get paid. Melltoo has won several awards, including "Mobile App of the Year" by Entrepreneur ME in 2016 and "The Most Promising UAE-based startups" by Forbes Middle East in 2015 and 2016.
Contacts
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Financials

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Number of Funding Rounds

$1.21M

Money Raised

Their latest funding was raised on 30.09.2019. Their latest investor David Pirrie. Their latest round Seed

Date 
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Investors 
Money Raised 
Lead 
30.09.2019
1
28.01.2019
4
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Co-Investors
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People

Founders
2
Morad Irsane
Morad Irsane

Morad Irsane

Morad Irsane is the Co-Founder and CEO at Melltoo.

current job

Melltoo
Melltoo

organization founded

1

Morad Irsane

Sharene Lee
Sharene Lee

Sharene Lee

Sharene Lee is the Co-Founder and COO of Melltoo.

current job

Melltoo
Melltoo

organization founded

1

Sharene Lee

Employee Profiles
2
Sharene Lee

Sharene Lee

Co-Founder and COO

Morad Irsane

Morad Irsane

CEO and Co-Founder

Activity

Recent News
0