ChatFood raises $3m led by Antler

ChatFood, an omnichannel ordering and data-driven marketing platform with headquarters in the UAE, has launched a $3 million bridge round led by Antler with money set aside for important strategic Saudi partners.

Other investors in the round include established investors like Guillaume Pousaz’s Zinal Growth as well as family offices like 6G Capital. After last year’s seed round, which was led by top regional VC funds BECO & Wamda Capital, ChatFood has already received capital totalling $7 million.

The money will be used mostly for product development and business setup in Saudi Arabia, where the market is predicted to reach over $25 billion by 2026. These two countries are considered to be important markets for restaurants, bars, hotels, and entertainment venues.

Benjamin Mouflard, co-founder and CEO of ChatFood, says, “We are looking forward to providing our services in Saudi Arabia as the market is set to witness phenomenal growth within the next four years, further strengthening ChatFood’s leading position in the GCC”

More than 3,000 hospitality establishments in the Middle East have already used ChatFood to drive more than $100 million in sales and turn over 1 million visitors into direct customers, expanding at an amazing 260% YoY.