Overview

Suplyd, a digital procurement platform for restaurants based in Cairo, Egypt, has successfully raised $2 million in a pre-Series A funding round. The funding was led by 4DX Ventures, Camel Ventures, and Plus VC, with additional participation from Seedstars and existing investors.

Expansion and Development

The company plans to utilize the funds to expand its operations, enhance development efforts, and enter new markets across Egypt. By focusing on untapped areas, Suplyd aims to accelerate the growth of new service verticals within the $10 billion HORECA supply chain in Egypt.

Impact and Growth

Founded in 2022 by Gohar Said and Karim Selima, Suplyd offers procurement solutions for small and medium-sized restaurants, addressing inefficiencies in the supply chain. Since its previous funding round, Suplyd has experienced significant growth, serving over 5,000 restaurant customers and introducing new operational tools to simplify backend operations for restaurant owners.

Published by FinSMEs on 04/08/2025