• Saudi Arabia-based healthy food delivery app DailyMealz, has raised SAR 20 million ($5 million) in a pre-Series A round, with participation from Saudi Airlines Catering, Hala Ventures, MLM investment company, VEDA Holding, Seedra Ventures and some angel investors.
• Founded in 2017 by Mohamed Elzalabany, Abdulrahman Ahmed, Abdallah Said, and Motaz AbuOnq, Dailymealz allows its users to order healthy meals suitable for their dietary requirements using weekly or monthly subscription packages.
• The newly-acquired funds will be used to accelerate business expansion, in terms of product features and geographical footprint. 

Press release

Dailymealz, a Riyadh-based food subscription app, has closed its SAR 20 million preseries A round with a strategic investment from Saudi Airlines Catering and participation from Hala ventures, MLM investment company, VEDA holding, Seedraventures and other angel investors.

Founded in late 2017 by Mohamed Elzalabany, Abdulrahman Ahmed, Abdallah Said, and Motaz AbuOnq, Dailymealz enables individuals to order food using weekly and monthly subscriptions (through its app for iOS and Android). The users can choose different types of subscriptions including healthy, diet, Keto, and fast food, in a few taps, to receive the meals to their offices (or at their home) without having to place an order every time they need it.

The Saudi startup partners with different restaurants and cloud kitchens to offer their food as part of its meal plans. The food is delivered by its own network of freelance drivers. Dailymealz has built in-house technology to ensure maximum utilisation of drivers who deliver multiple orders in every trip. The grouped deliveries result in much better economics for Dailymealz when compared with traditional food delivery players who offer on-demand delivery.

The fresh funds will be used to support Dailymealz’s growth by introducing new products and expanding geographically.