About Foodics
Foodics is a company based in Riyadh (Saudi Arabia) founded in 2014 by Mosab Alothmani and Ahmad Alzaini.. Foodics has raised $198 million across 5 funding rounds from investors including Elm, Prosus and Peak XV Partners. Foodics has completed 2 acquisitions, including POSRocket and Solo Technology Services. Foodics operates in a competitive market with competitors including Toast, Olo, Zenput, UrbanPiper and Tillster, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Mosab Alothmani, Ahmad Alzaini
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Funding Insights of Foodics
Foodics has successfully raised a total of $198M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(16 Sep 2017)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series C - Foodics | Valuation |
investors |
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| Apr, 2022 | Amount | Series C - Foodics | Valuation | Prosus , Sanabil | |
| Feb, 2021 | Amount | Series B - Foodics | Valuation | STV , Sanabil |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Foodics
Foodics has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Elm, Prosus and Peak XV Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech companies are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Private equity and funds of funds focused on early to mature stage companies and multiple funds
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Founded Year | Domain | Location | |
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Growth equity is provided for early-stage tech startups by STV.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Foodics
Foodics has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include POSRocket and Solo Technology Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Self-ordering kiosks for restaurants are provided via an online platform.
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2019 | ||||
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Cloud-based POS software and hardware are supplied to offline retailers.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Foodics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Foodics Comparisons
Competitors of Foodics
Foodics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toast, Olo, Zenput, UrbanPiper and Tillster, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Restaurant operations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Delivery channels management software is provided for restaurants.
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| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
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| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Foodics
Frequently Asked Questions about Foodics
When was Foodics founded?
Foodics was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Foodics located?
Foodics is headquartered in Riyadh, Saudi Arabia.
Who is the current CEO of Foodics?
Ahmad Alzaini is the current CEO of Foodics. They have also founded this company.
Is Foodics a funded company?
Foodics is a funded company, having raised a total of $198M across 5 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Sep 16, 2017.
What does Foodics do?
Foodics was founded in 2014 in Riyadh, Saudi Arabia, as a provider of cloud-based software for the restaurant sector. Operations focus on tools for sales, inventory, employee, and order management, along with analytics, reports, table management, and customer engagement. Services cater to cloud kitchens, dine-in restaurants, bakeries, food trucks, quick-service outlets, franchises, and large chains across various locations.
Who are the top competitors of Foodics?
Foodics's top competitors include Toast, UrbanPiper and SpotOn.
How many acquisitions has Foodics made?
Foodics has made 2 acquisitions, including POSRocket, and Solo Technology Services.
Who are Foodics's investors?
Foodics has 15 investors. Key investors include Elm, Prosus, Peak XV Partners, Sanabil, and STV.
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