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Al Menu raised $10.3 million in a funding round led by Al Majdiah Investment to enhance operational solutions for restaurants and cafes.

Oct 02, 2024•10 months ago

Amount Raised

$10.3 Million

RiyadhFood and Beverage

Investors

Al Majdiah Investment

Description

Al Menu, a SaaS company specialising in restaurant operations, has successfully closed a funding round of $10.3 million led by Al Majdiah Investment. The funding aims to bolster Al Menu’s ability to offer operational solutions for restaurants and cafes, aligning with the growth of the Saudi restaurant sector.

Company Information

Company

Al-Menu Co.

Location

Riyadh, Riyadh Region, Saudi Arabia

About

Al Menu is a SaaS company specializing in restaurant operations. It provides operational solutions aimed at improving workforce efficiency and reducing costs for businesses in the restaurant sector. The company has received significant funding, indicating strong confidence in its growth potential. Al Menu is focused on supporting the expansion of the Saudi restaurant industry.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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