Restaurant management platform OneOrder secures $3 million seed round
OneOrder, the MENA-based fintech-enabled restaurant management platform providing food supplies to hotels, restaurants and cafes, has today announced the close of a $3m Seed round.
Led by Nclude, this round also sees follow-on investment from leading MENA early-stage VC, A15. New to the round is Delivery Hero Ventures, a fund backed by global food delivery giant Delivery Hero, whose managing partner, Brendon Blacker, joins the OneOrder board.
Today’s announcement brings the company’s total investment to $10.5M, following an initial $1M pre-Seed investment, led by A15, and $6.5M in working capital financing from multiple local NBFIs.
OneOrder will use the latest capital injection to bolster its in-house operations and tech talent, scale its sales force to build its market share and will invest heavily in its proprietary technology. In addition, the technology-powered food and hospitality platform will deploy additional capital into scaling its offline presence, and expand its warehouse footprint across Egypt and the MENA region.