Egypt’s digital restaurant supply chain startup Suplyd closes $1.6mln funding round

Egypt’s digital restaurant supply chain startup Suplyd closes $1.6mln funding round

CAIRO, Egypt: – Suplyd, an Egypt-based startup that digitizes supply chain operations for the MENA region’s hotels, restaurants, and catering (HORECA) industries, announced their $1.6M pre-seed round funded by Endure Capital, Seedstars, Camel Ventures, Falak Startups alongside other local and regional investors.

Founded by Gohar Said, Karim Selima, and Ahmed ElMahdy, Suplyd is a solution that was created to address the daily struggles faced by HORECA, one of the fastest-growing segments in the MENA region’s economy. Suplyd developed a smart and reliable platform to digitize supply chain operations and bring efficiency to the MENA market.

Suplyd provides a reliable and simplified source of supplies to the defensive and growing HORECA businesses across Egypt and MENA region improving the efficiency of the entire supply chain by focusing on restaurants’ first-mile operations. The company’s goal is to empower the supply chain of Egypt's F&B sector by providing intuitive digital solutions that would bridge the gap between restaurant operators and suppliers.

“I have been in the restaurant industry for almost 12 years, and the supply chain is a nightmare for most of the operators. To make up for all the inefficiencies you are always forced to either accept the fact that some of your menu items