Cairo-based digital procurement platform Suplyd has secured US$2 million in pre-Series A funding to bolster its operations and fuel expansion efforts across Egypt. The investment marks a major milestone in the startup’s mission to provide a comprehensive infrastructure for restaurant operations beyond procurement.
Founded in 2022, Suplyd has positioned itself as a one-stop-shop for restaurant supplies, streamlining inventory management with enhanced speed, visibility, and reliability. Since raising US$1.6 million in pre-seed funding in 2022, the company has experienced 20x growth in both customer base and the value of goods delivered. It currently serves over 5,000 restaurant clients.
Boost in supply chain
The latest funding round was led by 4DX Ventures, Camel Ventures, and Plus VC, with additional participation from Seedstars and returning investors. Suplyd plans to use the capital to expand its product suite beyond procurement, develop new service verticals, and grow its footprint in under-served areas of Egypt.
“What started as a bold idea is now powering thousands of restaurants every day. We helped lead the industry’s digital transformation and we’re just getting started,” said Gohar Said, Suplyd’s founder and CEO.
Backing the company’s long-term vision, Peter Orth, partner at 4DX Ventures, emphasized Suplyd’s unique value in addressing inefficiencies in Egypt’s US$10 billion HORECA supply chain. He noted the company’s early traction, strong supplier relationships, and diversified revenue model as key drivers of investor confidence. With this funding, Suplyd aims to strengthen its role as a category-defining platform in the Middle East and North Africa’s evolving restaurant tech ecosystem.