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Foodics

Foodics builds a cloud-based restaurant management platform combining point-of-sale, payments, inventory and accounting for over 30,000 restaurants in 35 countries.

Foodics is a software company that builds a cloud-based management ecosystem for the food-and-beverage industry. Its platform combines point-of-sale, payments, inventory management and accounting into a single system, with the aim of reducing operational complexity for restaurants, cafes and multi-branch chains. The company serves businesses ranging from single-location coffee shops to enterprise restaurant groups.

By its own account, the platform is used by more than 30,000 restaurants across 35 countries, and has processed over 6 billion orders since the company was founded. Foodics raised a $170m funding round to support its growth. The company describes its engineering work as spanning cloud computing, restaurant management software, point-of-sale systems, payments technology, inventory management and accounting software.

Headquartered in Riyadh, Saudi Arabia, Foodics maintains offices across five countries and operates throughout the MENA region. It frames its mission as building the digital infrastructure for restaurant success, with the stated view that restaurant technology should free operators to focus on food and customer experience rather than administration.

The company describes its team as focused on solving concrete operational problems for F&B businesses, and as combining the agility of a fast-growing startup with the processes needed to scale internationally.

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