DocsInBox Raises $500K in Funding to Expand E-Invoicing System and Reach New Markets

DocsInBox Raises $500K in Funding

Key Highlights:

• Company Overview: DocsInBox is an international e-invoicing and procurement company based in Dubai, UAE.
• Funding: Raised $500K in funding to support expansion and development efforts.
• E-Invoicing System: Provides an e-invoicing system that enables suppliers to send comments and feedback on received orders, automates the posting of supplier invoices to a restaurant's point-of-sale (POS) system and accounting software.
• Customer Base: Already serving UAE-based restaurants such as Cafe de Palma, Angel Cakes, Papa Dubai, and Frank by Basta.

DocsInBox's Target Market

• Restaurants and Food Service Businesses: Targeting restaurants and food service businesses in the UAE and potentially expanding to other international markets.
• Suppliers and Vendors: Providing solutions for suppliers and vendors to streamline their invoicing and procurement processes.
• Point-of-Sale (POS) System Providers: Collaborating with POS system providers to integrate their e-invoicing system into existing restaurant technology infrastructure.

What DocsInBox Needs to Buy

• Technology Development: Investing in software development and enhancement to improve their e-invoicing system and expand its capabilities.
• Marketing and Sales Support: Engaging with marketing agencies and sales experts to promote their solution and acquire new customers.
• Partnerships with POS System Providers: Collaborating with POS system providers to integrate their e-invoicing system into existing restaurant technology infrastructure.