Rabbit Analysis: $11M Raised
What is Rabbit?
Rabbit is a grocery delivery service that specializes in delivering products within 20 minutes. Their unique approach combines technology with local market knowledge to ensure fast and efficient service. This enables customers to access a wide range of groceries quickly and conveniently, transforming the shopping experience in the region.
Employees
51-200
Founded
2021
Industry
Foodtech, E-commerce, Logistics
Product Features & Capabilities
- Grocery delivery within 20 minutes
- Wide assortment of over 8000 items
- Fresh fruits and vegetables
- Dark store operations for efficiency
- Proprietary technology for logistics management
Use Cases
Order groceries for quick delivery; Access fresh produce without leaving home; Shop for supermarket staples online; Enjoy hassle-free shopping experience; Support local entrepreneurs through unique brands
How much Rabbit raised
Seed Round - $11 million
November 9, 2021Lead Investor: Global Founders Capital, Goodwater Capital, Raed Ventures, Lorax Capital Partners, Global Ventures, Beltone Venture Capital, and others.
Other Considerations
Raised $11M in pre-seed funding; Operates in Egypt and Saudi Arabia; Focuses on hyperlocal market strategies
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Financial Overview
$11MTotal Raised
Seed Round$11 million
November 9, 2021
Investors: Global Founders Capital, Goodwater Capital, Raed Ventures, Lorax Capital Partners, Global Ventures, Beltone Venture Capital, and others.
Accelerator/Incubator Round
June 22, 2023
Investors: Not specified
Early Stage VC Round
April 15, 2025
Investors: Not specified
