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Egypt’s Suplyd Raises $1.6M To Digitize Restaurants Supply Chain

Dec 15, 2022over 2 years ago

Amount Raised

$1.6 Million

Round Type

seed

CairoHospitality

Investors

Camel VenturesEndure Capital,

Description

Suplyd, a procurement platform for hotels, restaurants and catering (HoReCa) businesses in Egypt, has raised $1.6 million pre-seed funding from Endure Capital, Seedstars, Camel Ventures, Falak Startups, and a number of angel investors.

Company Information

Company

Suplyd

Location

Cairo, Egypt

About

We are a company founded in January 2022 with the mission of optimizing the supply chain of Egypt's rapidly growing F&B sector through the provision of a comprehensive digital solution that bridges the gap between restaurant operators and their suppliers in order to disrupt an untouched market with extreme fragmentation and resolve the problem end-to-end.

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

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