Foodics

formerly Alwans

Designing the Future of Point of Sale & Restaurant Management Systems

Riyadh, Saudi Arabia · Founded 2014 · $194.0M raised

Headquarters
Riyadh
Employees
501–1000
Founded
2014
Business Model
B2B
Total Funding
$194.0M
Last Round
$170.0M Series CApr 2022
Rounds
4

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Foodics is the leading restaurant operations and payment technology platform in the MENA region, headquartered in Riyadh, Saudi Arabia. Founded in 2014, the company provides an all-in-one cloud-based POS and restaurant management system (RMS) covering order management, payments, inventory, staff management, customer loyalty, analytics, and kitchen display systems. Foodics Pay enables seamless digital payments with daily bank settlements. The platform integrates with an app marketplace offering marketing, accounting, delivery, and online ordering solutions. Foodics serves 30,000+ restaurants across 35 countries and has processed over 6 billion orders. The company raised $170M in its Series C funding round.

Summary

Foodics is a SaaS company based in Riyadh, Saudi Arabia, founded in 2014. It has raised $194.0M in total across 4 rounds, most recently a $170.0M Series C round in Apr 2022. Investors include Sanabil Investments, Prosus and Raed Ventures.

Tech & App Stack

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Funding History

Series CSeries CApr 2022
$170.0M

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Funding: Series A through Series C. Amounts, valuations, and investors where available.

Investors

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