Grubtech, an all-in-one SaaS platform for cloud kitchens and delivery-centric restaurants – has secured $3.4 million in pre-Series A funding.
Investors included large regional family offices, a US-based venture capital firm as well as angel investors. Having already deployed its solution across hundreds of brands and processed hundreds of thousands of orders, grubtech will use the funds to further accelerate product development and capitalise on increased demand from the MENA, Europe and Americas.
“Grubtech has built a pioneering tech stack which is trailblazing advancements in the growing online food delivery and cloud kitchen space. We are incredibly excited about grubtech’s growth potential globally,” says a syndicate of private investors in the MENA region, led by Ghassan Oueida and Gry Loseth.
Grubtech solves for the fragmented rest-tech landscape by integrating with third parties like food aggregators, logistics providers, points-of-sale solutions and ERPs. Its product streamlines operations with the ultimate goal of maximising kitchen utilisation, and reducing the order-to-doorbell journey whilst reducing costs.
“Unlike other players in the market that focus on solving one of many pain points, Grubtech has built an all-in-one platform, reducing friction points across the order lifecycle. Given our extensive experience investing in the F&B sector, we’re big believers in the need for grubtech’s solution and understand the magnitude of the problems it is solving,” says AbdulMohsen Ibrahim AlTouq, CEO of AlTouq Group.
Grubtech’s solution serves different business models including cloud kitchens, multi-brand single location models and delivery-centric restaurants. The solution is also being used by owners of under-utilised real estate such as hotels, creating their own cloud kitchens.
The platform provides restaurant owners the ability to quickly and efficiently serve multiple brands from one location, creating what is known as micro cloud kitchens, and maximising revenue from existing supply chains and resources.
