Foodics

Foodics is an end-to-end cloud-based point of sale & restaurant management solution that gives business owners a holistic overview of their company and its operations.

Foodics' mission is to provide a restaurant management system that is so easy to use you won’t even need our guide. 

Foodics was founded in 2014 by Ahmad Al-Zaini and Mosab Al. The company is headquartered in Riyadh, and is currently available across 17 countries, with five offices in Saudi Arabia, United Arab Emirates, and Egypt.

 

Foodics all-in-one, cloud-based point of sale system makes it easy for food & beverage businesses to get a holistic overview of their company and its operations. With Foodics, companies can access real-time reporting, high-tech inventory management, and even submit orders to the kitchen and accept electronic payments.

 

Foodics' platform caters to every category in the sector “from traditional dine-in restaurants, cafés, quick service restaurants, bakeries, food trucks through to cloud kitchens. In January, the company acquired a restaurant cloud technology platform POSRocket.

 

Foodics has processed over 5 billion orders through the platform. The company also acquired POSRocket, restaurant Cloud technology provider in MENA in Jan 2022.

 

Foodics is backed by Prosus, Sanabil Investments, Sequoia Capital India, STV, Endeavor Catalyst, Raed Ventures, Faith Capital, 500 Startups, Riyad TAQNIA Fund (RTF), and others. The company raised $170M in Series C round on Apr 20, 2022. This brings Foodics' total funding to $198M to date.

 

 

  • Year founded: 2014
  • Funding Info: $198M over 6 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: $6M-$10M (2021)
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Riyadh
  • State: Riyadh
  • Country: Saudi Arabia
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