Growdash’s AED 6.8M Seed Round: Unlocking the Secrets to Restaurant Success

2 mn read

In a significant move that is set to transform the restaurant industry, Growdash, a Dubai-based SaaS platform, has successfully raised AED 6.8 million ($1.8 million) in a Seed funding round. This impressive funding was led by Oryx Fund, a MENA-focused investment fund from Hambro Perks, and Oraseya Capital, the venture capital arm of Dubai Integrated Economic Zones Authority (DIEZ).

Founded by former Talabat employees Sean Trevaskis and Enver SorkunGrowdash empowers restaurant marketing and operational teams to develop, execute, and manage profitable growth strategies across digital sales channels. Since its inception in 2022, the platform has rapidly become the go-to solution for restaurant analytics and business intelligence in the region, serving over 300 restaurant brands across 4000 locations in the UAE, Kuwait, and Qatar.

Fueling Expansion into Saudi Arabia and Beyond

With this fresh injection of capital, Growdash is poised to accelerate its expansion plans into the lucrative Saudi Arabian market later this year. The company also has its sights set on seizing the first-mover advantage in Central Eastern Europe, further solidifying its position as a global leader in restaurant technology.

Growdash's AED 6.8M Seed Round: Unlocking the Secrets to Restaurant Success

CEO Sean Trevaskis expressed his gratitude, stating, “We are thrilled to have closed our Seed round and are grateful to our dedicated team and forward-thinking customers who demand access to top-tier data analytics and digital growth strategies.”

Pushing the Boundaries of Restaurant Technology

Growdash’s Chief Experience Officer (CXO), Enver Sorkun, emphasized the company’s commitment to innovation, saying, “Our goal is to build a best-in-class tech stack that enables restaurants to operate their digital growth strategies autonomously. Our seed financing will accelerate our product roadmap, enhance machine learning capabilities, and introduce new features aligned with our methodology of insight, decision, and action.”

The company’s cutting-edge software integrates digital data points from food aggregators and restaurants’ broader digital presence into a single, user-friendly business intelligence platform. This revolutionary approach is set to transform the competitive F&B sector, providing restaurant owners and managers with unparalleled insights and actionable strategies.

Backed by Visionary Investors

Growdash’s success has not gone unnoticed by the investment community. Ali Qaiser, General Partner at Oryx Fund and Hambro Perks, expressed his enthusiasm for the company’s potential, stating, “We are excited about Growdash’s growth potential and look forward to supporting their scaling efforts.”

Julien Plouzeau, Senior Partner at Oraseya Capital, echoed this sentiment, adding, “Growdash’s cutting-edge software is exactly the type of innovation we aim to support. Sean and Enver’s deep understanding of the F&B industry’s challenges and their scalable tech infrastructure position them for significant success.”

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As Growdash continues to lead the market in restaurant analytics and business intelligence technology, the future looks bright for this dynamic startup. With the support of visionary investors and a team of dedicated professionals, Growdash is well on its way to revolutionizing the restaurant industry, one data-driven insight at a time.

One thought on

Growdash’s AED 6.8M Seed Round: Unlocking the Secrets to Restaurant Success

  • Vasilii Zakharov

    I see the successful attraction of the AED 6.8M Seed Round by Growdash as a significant step forward for the restaurant industry. The platform, founded by former Talabat employees, has already established itself as a key tool for restaurant marketing and operations teams, helping them develop and manage growth strategies in digital channels. The support of investors such as Oryx Fund and Oraseya Capital underscores the confidence in the potential of Growdash. The service, which already serves more than 300 restaurant brands in the UAE, Kuwait and Qatar, promises to continue transforming the industry by providing valuable analytical data and business intelligence.

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