Foodics

company

About

Foodics is a restaurant management system that manages sales, transactions, inventory, employee schedules, and customer relationships.

Details

Last Funding Type
Series A
Last Funding Money Raised
$4M
Industries
Management Information Systems,Predictive Analytics,Productivity Tools,Restaurants,Software
Founded date
Jan 1, 2014
Number Of Employee
501 - 1000
Operating Status
Active

Foodics offers a cloud-based all-in-one restaurant management system on an iPad in English and Arabic. With multiple add-on iOS apps and building on more, thousands of restaurants, food trucks, cafes, and fast-food chains across the Middle East are hiking their revenues and building their relationships with diners. Offering high tech solutions and real-time management, Foodics powers its clients and provides a unique style of dining fit for the future.

Their mission is to provide a restaurant management system that is so easy to use and won’t even need their guide. They have five locations across the Middle East that serves 24/7 and over a thousand customers who have rung up over a billion orders through the Foodics system.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$178M ر.س75M
Foodics has raised a total of $178M ر.س75M in funding over 2 rounds. Their latest funding was raised on Apr 20, 2022 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 20, 2022 Series C $170M 6 Prosus
Sanabil
Detail
Feb 1, 2021 Series B ر.س75M 6 Sanabil
STV
Detail
Jun 27, 2019 Series A $4M 6 Savour Ventures Detail
Sep 16, 2017 Series A $4M 6 Raed Ventures Detail
Nov 1, 2016 Seed 1 Raed Ventures Detail

Investors

Number of Lead Investors
Number of Investors
7
18
Foodics is funded by 18 investors. Prosus and Sanabil are the most recent investors.
Investor Name Lead Investor Funding Round
Prosus Yes Series C
Sanabil Yes Series C
Savour Ventures Yes Series A
Endeavor Catalyst Series C
Sequoia Capital India Series C
STV Series C
Vision Ventures Series C
Bossanova Investimentos Series B
Derayah Venture Capital Series B
Elm Series B

Employee Profiles

Number of Employee Profiles
7
Foodics has 7 current employee profiles, including Executive Ahmad Al-Zaini
Executive
Board member
Executive
Executive
Executive

Acquisition

Foodics has acquired 1 organizations. Their most recent acquisition was POSRocket on Jan 9, 2022. They acquired POSRocket for 0.

Date Company Name
Industry Acquisition Type Price
Jan 9, 2022 POSRocket
Computer acquisition Detail