Saudi SaaS Startup Order Raises $1 Million in Pre-Seed Round
The new funding will be used to further increase the startup’s market share and enhance its services.
Order, a Saudi-based SaaS startup for the F&B sector, has raised $1 million in a pre-Seed round led by several strategic angel investors.
Founded in 2020 by Faisal Al Anazi and Essam Mohamed, Order provides technical solutions to restaurants and café owners to handle their daily operations including customers orders, integrating with points of sale, and managing home delivery amongst other services. The platform is currently available in Saudi Arabia and Egypt.
"We are pleased with the confidence and belief of our investors, and we aim to make a qualitative leap in the technology sector, specifically in the F&B market,” Abdulaziz AlSaeed, Partner and CEO of Order, tells StartupScene. “We also seek to create many job opportunities, in line with our plans to expand in the MENA region by 2025."
The startup claims to have managed about 600,000 thousand orders through its platform since its launch. The new funding will be used to further increase the startup’s market share and enhance its services.