Bahraini real-time restaurants reservation app Eat received an undisclosed amount of Series A funding led by Middle East Venture Partners (MEVP). Other contributors included 500 Startups, Pinnacle and Tenmou.
The Eat App is one of the fastest growing startup ventures in the MENA region. The company has already served for than 3.5 million customers in Bahrain and the UAE alone, generating orders worth $250 million.
The company now plans on utilizing the newly raised fund to expand further in the GCC region, including Saudi Arabia, Oman, Lebanon, Egypt, and Kuwait.
For the unfamiliar, Eat provides restaurants with a cost-efficient online reservation and table management system. The company relies on a sophisticated front-end experience and cutting-edge technologies to make life easier for both restaurant staff and customers. It is currently focusing on building an extensive ecosystem around its SaaS (software as a service) platform in order to cater to every “front of the house” needs of restaurants.
“We’re positioning Eat to become a platform for restaurants to acquire users online. Restaurants plug into us, and we activate online reservations for them across a multitude of the largest B2C channels, including TripAdvisor, Google, and TimeOut. Check the links, you can book across all those channels, powered by Eat,” said Nezar Kadhem, Founder of Eat App.
He added, ”No one else is doing this. On top of this, we also have a robust table management system and consumer-facing app, which has superior features / front end compared to the regional players here.”