
Kitopi
Valuation
$1.6B
2024 Revenue
$165.7M
Funding
$804M
YOY
31.9%
Team
3.5K
Founded
2018
How Kitopi CEO Mohamad Ballout grew Kitopi to $165.7M revenue with a 3525 person team in 2024.
Powering the on-demand food economy. Kitopi is the world's leading state-of-the-art, managed cloud kitchen platform. Kitopi enables restaurants to open delivery only locations by providing the necessary infrastructure and software with minimal capital expenditures and time as well as taking care of the entire customer experience journey: receiving and processing orders, cooking, delivery operations and managing customer feedback.
Last updated
Kitopi Revenue
In 2024, Kitopi's revenue reached $165.7M. The company previously reported $125.6M in 2023. Since its launch in 2018, Kitopi has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Kitopi Hit $165.7m revenue in October 2024 |
| 2023 | Kitopi Hit $125.6m revenue in October 2023 |
| 2021 | Kitopi Hit $71.2m revenue in July 2021 |
| 2021 | Kitopi Hit $51.1m revenue in April 2021 |
| 2018 | Launched with $0 revenue |
Kitopi Valuation, Funding Rounds
Kitopi reached a $1.6B valuation in 2022, set during its Series C round.
Kitopi has raised $804M in total funding across 5 rounds, most recently a $300M Series C round in 2022.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2022 | Series C | $300M | $1.6B | 19% |
| 2021 | Series C | $415M | $1.2B | 35% |
| 2019 | Series B | $60M | - | - |
| 2018 | Series A | $27.2M | - | - |
| 2018 | Seed Round | $1.8M | - | - |
Kitopi Employees & Team Size
Kitopi employs approximately 3.5K people as of 2026, up from 2.3K in 2024.
Kitopi has 3.5K total employees in different roles and functions and 14 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2025 | Reached 3.5K employees (November 2025) |
| 2024 | Reached 2.3K employees (October 2024) |
| 2023 | Reached 2.3K employees (October 2023) |
| 2023 | Reached 1.9K employees (July 2023) |
| 2022 | Reached 2.1K employees (October 2022) |
| 2021 | Reached 1.5K employees (December 2021) |
| 2021 | Reached 721 employees (July 2021) |
| 2021 | Reached 608 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Kitopi yet.
Frequently Asked Questions about Kitopi
What is Kitopi's revenue?
Kitopi generates $165.7M in revenue.
Who founded Kitopi?
Kitopi was founded by Mohamad Ballout.
Who is the CEO of Kitopi?
The CEO of Kitopi is Mohamad Ballout.
How much funding does Kitopi have?
Kitopi raised $804M.
How many employees does Kitopi have?
Kitopi has 3.5K employees.
Where is Kitopi headquarters?
Kitopi is headquartered in Dubai, United Arab Emirates.
People Also Viewed

ARKA Group LP
Developer of a space technology platform intended to strengthen visionary aerospace and defense companies. ARKA Group specializes in advanced engineering and technology solutions within the space and defense sectors, offering a range of services including communication, defense, software, optical network, and space hardware and software systems.

Quantum Systems
Quantum Systems is the powerhouse of intelligent unmanned systems. As a leading dual‑use and defence technology company, we deliver multi‑domain solutions - on land, in the air, at sea, and in software - for government agencies and commercial customers worldwide. Quantum Systems is Europe's highest valued dual-use scale up and a global leader in the development of intelligent unmanned systems. We supply mission-grade ISR, autonomy, and integrated mission solutions to military, government, and commercial customers. Quantum Systems products combine proven hardware, AI, and interoperable software to deliver persistent, reliable intelligence where it matters most.

INE
INE is the premier provider of Technical Training for the IT industry. INE is revolutionizing the digital learning industry through the implementation of adaptive technologies and a proven method of hands-on training experiences. INE’s portfolio of trainings is built for levels of technical learning specializing in advanced networking technologies, next-generation security and infrastructure programming and development. INE’s mission is to be your trusted partner in reaching your professional goals. INE has cultivated innovative content and teaching methods, delivered through cutting-edge technology and disseminated by the most esteemed instructors in the world. For almost two decades, INE has helped tens of thousands of IT professionals achieve their goals, and countless Fortune 500 companies build a world-class technical organization fully prepared for tomorrow’s challenges.

Marigold
Marigold is a leading cross-channel marketing platform, with solutions for email, SMS, loyalty, and personalization, helping brands transform their relationships with customers. As the trusted partner behind the world’s most recognized brands, including Air New Zealand, Chipotle, Hiscox, KFC, Kraft Heinz, The Atlantic, and more—Marigold delivers relevant brand experiences that cut through the noise and drive real impact. Marigold was born through a merger of industry-leading marketing platforms Cheetah Digital, Sailthru, Selligent, Liveclicker, Emma, and Campaign Monitor, and powers billions of customer interactions annually. Learn more at meetmarigold.com.

Indus Valley Partners
Developer of advisory technology and managed services in New York, New York. The company's services include consultancy, advisory, managed services, data reconciliation, data management, regulatory reporting and other related services, providing hedge funds and private equity firms flexible and modular solutions that can be tailored to the specific requirements of any fund, across strategies and asset classes.

ShopUp
ShopUp is Bangladesh's leading full-stack B2B commerce platform for small businesses (online and offline). We provide easy access to B2B sourcing, last-mile logistics, digital credit and business management solutions to small businesses. Why should one work for ShopUp? Simply, to be a part of a positive force that brings change to the economy of Bangladesh. Small businesses have always been the back bone of our economy, and when we facilitate their growth, not only do we help the micro entrepreneurs, but we ourselves grow leaps and bounds. Our backers at Flourish ventures, Omidyar Network, Sequoia Capital think the same! At ShopUp we dream big, grow fast, work smart, and at the same time change thousands of lives for the better!
Compare Kitopi to the industry
Kitopi operates across multiple industries. Browse revenue, funding, and growth data for Kitopi in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .