OneOrder closes USD 16 mn Series A round: Tech-enabled F&B logistics startup OneOrder has raised USD 16 mn in equity and debt in a Series A round, which will fuel the company’s expansion into the GCC, the company said in a statement (pdf) last week. The round was led by follow-on investor Delivery Hero Ventures with participation from tech-growth fund Norrsken22, Nclude, and A15.
OneOrder will be heading to the Gulf this year: The company said it will use the funds to set up shop in the GCC this fall, starting with the UAE. It also plans to roll out financing solutions for its Gulf customers.
About OneOrder: Founded in 2022 by Tamer Amer (LinkedIn), OneOrder is a one-stop shop that allows restaurants and hotels to order supplies online. It seeks to address inefficiencies and fragmentation in the restaurant supply chain and standardize quality, prices and delivery times. OneOrder secured a USD 3 mn seed round led by Nclude in December 2022.
Leveraging AI: The startup has implemented a “one-of-a-kind” AI-assisted system, which has helped customers cut down on time and money spent in the ordering process.
** We interviewed Amer for our Founder of the Week vertical back in 2022. Read the full interview here.