Eat App, a global restaurant reservations platform based in Dubai raised $11 million in a Series B round. The round included participation from MEVP, 500 Startups, Derayah VC, Dallah Albaraka, Ali Zaid Al Quraishi & Brothers Company, and Rasameel Investment Company, with participation from existing investors.
The funds will be used mainly to fuel Eat App’s global expansion and also product development focused around supporting restaurants and hospitality operators to digitize, manage and optimize the guest experience.
The startup has raised a total of $13m to date and serves customers in 63 countries globally.
“Looking back, the pandemic impacted Eat App greatly. Whilst it caused a drop in revenue, it was also one of the largest accelerators of the business. Restaurants were forced to implement digital tools and we were able to help them adapt and re-open. Today, we are doubling down on building a product-led restaurant management solution to become the leader in that category globally,” Nezar Kadhem, Eat App’s co-founder and CEO, said.
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