Saudi Arabia-based Software as a Service (SaaS) startup Taker, has raised an undisclosed amount of seed funding in a round led by 500 Startups, Saudi Venture Capital (SVC) and a consortium of angel investors for its online ordering management platform for restaurants.
The funding will be used to invest in research and development (R&D) and further augment the company’s proprietary technology which provides several services for restaurants including developing a website and/or building an app to order food online. Restaurants that sign up with Taker can also get their own branded ordering channels.
“At Taker, our mission is to make the food ordering process easy and delightful for both our clients and their customers. With the newly raised capital, our highly ambitious team looks forward to further enhancing our online capabilities.” said Abdullah Al Asaadi. “With the onset of Covid-19, over the past few weeks, we have witnessed a significant surge in demand for our services and hope to see more offline restaurants take advantage of our offerings as we forge ahead to meet the growing demand by facilitating a robust online ordering management platform.”
Founded in 2019, Taker has been helping restaurants and other food and drinks suppliers boost their online delivery services and streamline their operations.
“Surging demand for online food ordering has resulted in many offline restaurants signing up with Taker within a short period of time. Abdullah and his team have been working very hard to achieve double-digit growth month-on-month and this has made us proud,” said Sharif El-Badawi, managing partner at 500 Startups.