ⓘ A file-photo of Eat team; credits: forbesmiddleeast.com
Bahrain-based restaurant booking application Eat on Wednesday (12 February) raised $5 million in Series B funding round led by 500 Startups, Derayah Venture Fund, and MEVP, with participation from a few angel investors and family members.
Eat allows people to locate and book restaurants through a seamless interface on Android, iOS and Desktop. Restaurants on the other side also have an interface to manage bookings and let users make informed decisions.
Founded in 2013 by Nezar Kadhem, Eat last raised $3.4 million from Middle East Venture Partners (MEVP) in 2016. The company aims to deploy the fresh funds to grow its operations from 1000 restaurants to 5000 whilst expanding to Saudi Arabia and GCC.