Egypt: Restaurant procurement platform raises $2m
Suplyd has raised $2 million in a pre-Series A funding round.
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Suplyd, the Cairo-based digital procurement platform for restaurants, has raised $2 million in a pre-Series A funding round. The investment was led by 4DX Ventures, Camel Ventures, and Plus VC, with participation from Seedstars and existing investors.
Founded in 2022, Suplyd provides procurement solutions for small and medium-sized restaurants. By directly connecting restaurants with suppliers and streamlining procurement workflows, Suplyd is tackling the challenges of supply chain fragmentation, unreliable deliveries, and a lack of transparency.
Since its $1.6 million pre-seed round in 2022, Suplyd has grown nearly 20x in terms of restaurants served and the value of goods delivered. Today, the company serves over 5,000 restaurant customers and continues to roll out new operational tools and services aimed at simplifying backend operations for restaurant owners.
“Over the past four years, we’ve built Suplyd into a critical part of Egypt’s restaurant ecosystem. That progress comes with greater responsibility, and even greater ambition. What started as a bold idea is now powering thousands of restaurants every day. We’ve faced challenges, adapted to change, and earned the trust of our customers, partners, and investors. We didn’t just witness the industry’s digital transformation. We helped lead it. And we’re just getting started. There’s so much more to build, and we’re here for the long haul,” said Gohar Said, founder and CEO of Suplyd.
“At 4DX Ventures, we’re proud to have been one of the earliest backers of Suplyd, a company tackling the massive inefficiencies in Egypt’s $10 billion+ HORECA supply chain,” said Peter Orth, partner at 4DX Ventures. “Suplyd’s digital procurement platform serves the long tail of restaurants that are often overlooked. Their early traction, strong supplier relationships, and diversified revenue streams reinforced our conviction. Powered by sector veterans, we believe Suplyd is well-positioned to become a category-defining player within the region.”
Hasan Haider, founder and managing partner at Plus VC, commented: “Suplyd has become a key enabler in the digital transformation of Egypt’s F&B sector, turning a once fragmented procurement process into a streamlined, tech-driven solution. Their strong traction over the past four years reflects the team’s deep market insight and operational excellence. As early supporters, we have seen firsthand how Suplyd has established itself as a pioneer fostering meaningful change in the F&B space.”
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