Grubtech Raises $15M Funding for Expansion into Saudi Arabia, Europe, and UK

Grubtech's Funding and Expansion

Key Highlights:

• Funding Round: Grubtech, a SaaS integration and unified commerce platform provider, raised $15 million in funding.
• Investors: Led by Jahez Group, with participation from Addition and Oryx Fund.
• Geographic Expansion: Funds will be used to accelerate expansion into Saudi Arabia, Europe, and the UK.

Grubtech's Target Market

• Target Market: F&B (Food and Beverage) and Quick Commerce enterprises, including restaurants, groceries, and pharmacies.
• Businesses Seeking Unified Commerce Solutions: Companies looking to integrate online and in-store ordering channels with downstream systems like POS, ERP, and inventory management.
• Geographic Focus: Expansion into Saudi Arabia, Europe, and the UK, with potential for further global growth.

What Grubtech Needs to Buy

• Technology Integration Partnerships: Collaborations with POS, ERP, inventory, logistics, and loyalty solution providers to enhance their unified commerce platform.
• Market Entry Support: Services to facilitate market entry and establish a presence in new geographic regions.
• Marketing and Sales Expertise: Assistance in reaching and acquiring customers in target markets.