Dailymealz raises $2 million in pre-Series A
Saudi Arabia-based food subscription startup, Dailymealz, has raised $2 million in a pre-Series A round led by Seedra Ventures and joined by some angel investors. The startup aims to utilise the funds to broaden its services for partner corporates in Saudi Arabia and Kuwait, as well as expand into the UAE and Egypt.
Founded in 2017 by Mohamed Elzalabany, Abdulrahman Ahmed, Abdallah Said, and Motaz AbuOnq, Dailymealz partners with restaurants and cloud kitchens to offer corporate employees customised weekly, biweekly and monthly lunch subscription plans offering a range of dietary options including keto, diet, and fast food choices.
Managing its network of freelance drivers who handle multiple orders per trip, Dailymealz also offers its app users full day subscription options beyond its work day lunch-focused plans.
The foodtech startup has also launched a new service that allows partner employers the ability to provide their employees with meals at subsidised rates as well as place orders for corporate meetings and events.