- UAE-based platform CADO has raised $4.5 million in a pre-seed funding round with participation from Sanabil 500 and international investors.
- The funding aims to expand the company’s operations in Saudi Arabia and launch its global presence from New York.
- Founded in Dubai by Leila Al Marashi, CADO is digitizing the corporate and personal gifting experience through smart solutions that combine creativity with technology.
UAE-based luxury gifting platform CADO announced the successful closure of a $4.5 million pre-seed funding round, aimed at accelerating its regional and global growth within the premium gifting market.
The round included participation from Sanabil 500, alongside a German family office and several angel investors, reflecting strong investor confidence in CADO’s business model and its vision to redefine the gifting industry in the region.
The funds will be used to expand CADO’s operations in Saudi Arabia by building an integrated ecosystem that connects artisans, suppliers, and investors, in addition to launching its global expansion from New York as the company’s first international hub.
Founded in Dubai by Leila Al Marashi, CADO started as a small startup of just three team members before growing to establish a presence across the UAE, Saudi Arabia, Kuwait, and the United States.
The platform digitizes the corporate and personal gifting experience by combining creativity, technology, and logistics to deliver a smart, seamless gifting journey—blending innovation with human connection to redefine the concept of luxury gifting in the Arab world.
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