THE MIDDLE EAST’S

10. Foodics

Description: Cloud-based restaurant management and payment tech company
Headquarters: Saudi Arabia
Date of Establishment: 2014
Founders: Ahmad AlZaini, Mosab AlOthmani

Foodics provides restaurants and merchants with a cloud-based POS system with both end-to-end operations and financial management in addition to food & beverages tech. With over 30,000 outlets and over 120 marketplace partners, its clients include restaurants, cafés, bakeries, food trucks, cloud kitchens, and non-food micro-retailers. Since its inception in 2014, it has processed over six billion orders. Foodics has raised $198 million in funding with investors, including Prosus, PIF’s Sanabil Investments, STV, Endeavor Catalyst, and Vision Ventures. It has eight offices across Saudi Arabia, the U.A.E., Egypt, Jordan, Kuwait, and The Netherlands. Foodics currently operates in 35 countries.