Draft:Foodics

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  • Symbol opinion vote.svg Comment: Declining; as seen with in the revision log [1], no substantive changes have been made since the last decline, and as such the (presumably) WP:NCORP concern raised by the previous reviewer has not been addressed. Also somewhat promotional in tone. SamHolt6 (talk) 00:38, 16 July 2019 (UTC)

Foodics
IndustryApplication development
Founded2014
FounderAhmad Al-Zaini, Musab Al Othmani
Headquarters
Riyadh, Al Khobar, Jeddah in Saudi Arabia, Dubai in United Arab Emirates, and Cairo in Egypt
ProductsApplications
Websitehttps://www.foodics.com/

Foodics is an iPad-based restaurant management system, co-founded by CEO Ahmad Al-Zaini and CTO Musab Al Othmani, in 2014 in Al Khobar, Saudi Arabia.[1][2][3][4][5][6]

Foodics[edit]

Foodics provides cloud and iPad-based POS solutions to F&B businesses.[2][3] The company offers 6 restaurant management service applications that connect front and back of house, and optimize transactions, inventory, employees, logistics, menus and kitchens, and much more.[2][3][7] [5][8][9]

Foodics users have access to smart business reports to track restaurant performance, make predictions based on customers' previous orders and manage POS. Users can include add-ons to manage call orders, or track employees, as well as other features to boost productivity. Foodics has an open API which lets users integrate third-party apps or other software, including Deliveroo, Quickbooks and Xero with Foodics using the Foodics Marketplace.[10]

Foodics was initially a software development company, and in 2014 it became a product based SaaS startup.[2] Their product is available in English, Arabic and Turkish on an iOS device, iPad.[2]

All the Foodics apps work offline so that users are still able to take orders and accept payments with no internet connection. Foodics expanded its point-of-sale software for restaurants to all retail business and launched a payment processing device

Capital[edit]

Foodics raised $4 million in a Series A funding round led by strategic investor Raed Ventures, the venture arm of Almajdouie Holding. RTF (Riyadh Taqnia Fund), Naseel Holding, and 500 Startups were also part of the round in 2017. Foodics raised $4M in Pre-series B funding round. They received the funding from Riyad TAQNIA Fund(RTF), Faith Capital, Tech Invest Com, and Naseel Holding. The total amount of funding raised by Foodics is $8M this year.

Awards[edit]

Foodics has been featured on 4 Forbes Middle East lists, including 50 Most Promising Saudi Startups 2016 and Top 100 Startups in the Middle East 2018.

References[edit]

  1. ^ "Foodics closes bridge round". Wamda. Retrieved 2019-07-03.
  2. ^ a b c d e "Saudi's Foodics closes bridge round for its cloud-based restaurant management platform". MENAbytes. 2019-04-16. Retrieved 2019-07-03.
  3. ^ a b c Hariharan, Sindhu (2017-10-31). "Saudi Arabia-Based Foodtech Startup Foodics Raises US$4 Million Series A Funding". Entrepreneur. Retrieved 2019-07-03.
  4. ^ Marham, Kay. "Saudi restaurant management start-up raises $4m". ArabianBusiness.com. Retrieved 2019-07-03.
  5. ^ a b "Business Valley - Foodics | Evènements | Business Valley". businessvalley.sa. Retrieved 2019-07-03.
  6. ^ "Tech Please: Foodics to Inject Tailored Technology into Saudi's Fast Food Scene".
  7. ^ "10 Saudi entrepreneurs make it to World Economic Forum's most promising Arab startups". Arab News. 2019-04-03. Retrieved 2019-07-03.
  8. ^ "Two years after a first close, 500 Startups wraps its Middle East fund with $33 million". TechCrunch. Retrieved 2019-07-03.
  9. ^ "Ahmad AlZaini". Endeavor. Retrieved 2019-07-03.
  10. ^ Chibber, Ankush. "Food Tech: Saudi Startup Raises $4 Million For Its iPad-based Restaurant Management System". Inc. Arabia. Retrieved 2019-07-03.

External links[edit]

Official website