Tech Company Financing Transactions
Suplyd Funding Round
Suplyd, operating out of Cairo, scored $1.6 million from Alex Angels, Camel Venture and Endure Capital.
Transaction Overview
Company Name
Announced On
12/15/2022
Transaction Type
Venture Equity
Amount
$1,600,000
Round
Seed
Investors
Proceeds Purpose
Suplyd plans to use the new funding to scale its technology and expand within and beyond Cairo, and to explore other growth opportunities in the Middle East and North Africa (MENA) region in the near future.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
5 Street 254, Maadi,
Cairo, Undisclosed
Egypt
Cairo, Undisclosed
Egypt
Phone
Website
Email Address
Overview
We help operators track real time analytics and benefit from insights pertaining to procurement. Digital trail to optimize the process between suppliers and restaurants thus saving money, reducing waste and enhancing predictability. Our goal is to provide restaurants with a reliable single source of supply through a cloud based solution.The Middle East is one of the world's fastest-growing and highest-margin F&B markets, yet parts of the ecosystem remain manual, leading its supply chain and procurement to become inefficient, unsustainable and prone to error.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gohar Said
Chief Operating Officer
Ahmed ElMahdy
Co-Founder
Karim Selima
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