Egypt: Food platform signs $10m in funding
Elmenus, an Egyptian food discovery and ordering platform, has successfully closed a $10 million funding round. This pre-series C round was led by Fawry, Luxor Capital and Marakez.
Founded in 2018, Elmenus offers a uniquely comprehensive platform for restaurant information and food discovery in Egypt, on the road to complete personalisation of food recommendations down to a dish level.
Since its launch, Elmenus has helped more than 1.5 million users browse thousands of restaurants and order their favourite meals from a wide variety of menus.
Elmenus CEO, Amir Allam commented, “Attracting new investment from Fawry, Luxor Capital and Marakez – following the endorsement of industry veteran, David Buttress, earlier this year – validates Elmenus’ unique strategy. We are accelerating the adoption of online ordering by users while enabling restaurants with new verticals, helping them scale. This funding demonstrates investors’ strong belief in our position in Egypt, and our capability to dominate the market.”
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