OneOrder raises $3 million Seed

OneOrder raises $3 million Seed

OneOrder, an Egypt-based B2B marketplace that connects restaurants to suppliers, has raised a $3 million Seed round led by Nclude as well as returning investor A15.

Since its launch earlier this year, the company has raised a total of $10.5 million in funding, including an initial $1 million pre-Seed investment led by A15, and $6.5 million in working capital financing from multiple local financial institutions.

Founded by Tamer Amer and Karim Maurice, OneOrder works to enable restaurants to source food and their daily procurement needs directly from local suppliers.

OneOrder will use the investment to bolster its operations by growing its warehouse footprint to gain further market share as well as invest in its proprietary technology.

Press release 

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 $10.5 million, following an initial $1 million pre-Seed investment, led by A15,