Bahraini foodtech OrderJet raises $125,000 from Hope Ventures
- Bahrain-based foodtech OrderJet, has raised $125,000 from Hope Ventures, the investment arm of Hope Fund and producers of the Beban TV show, alongside Saudi angel investor Dr Abdulelah Algosaibi.
- Founded in 2020 by Ali Haji and Yusuf Almahmood, OrderJet digitises restaurant operations through the provision of QR code services, pick-ups, and bring-to-car services.
- The new funding will fuel OrderJet expansion plans to the rest of the region.
Source: BNA
Hope Ventures, the investment arm of Hope Fund and producers of Beban TV show, and private investors invested $125,000 in Bahrain-based F&B solution ‘OrderJet’.
OrderJet, a Bahrain-based app co-founded by Ali Haji and Yusuf Almahmood to digitise restaurants’ operations through the provision of QR code services, pick-ups, and bring-to-car services, raised $125,000 from Hope Ventures and a Saudi angel investor Dr Abdulelah Algosaibi.
"At OrderJet, we are on a mission to streamline and ease operations for the F&B sector by providing the ultimate dining experience for customers in the Kingdom of Bahrain," Ali Haji, Co-Founder, and CEO of OrderJet said.
"We are excited about this investment from Hope Ventures and Dr Abdulelah Algosaibi because it helps us in achieving our mission and enables us to expand our services to the rest of the region."
Fajer Al Pachachi, General Manager at Hope Ventures stressed that Beban aims to be a regional investment platform that matchmakes high-potential businesses with investors who exponentially help them scale beyond local borders.
She pointed out that OrderJet is a prime example of that; through Beban, the company raised an investment from Hope and Saudi investor Dr Abdulelah Algosaibi, whose expertise will contribute to the company’s growth and expansion.
"Participating in Beban season 2 gave me access to promising businesses in the technology sector, as my sector of interest is technology. I am thrilled to be investing alongside Hope Ventures in OrderJet, as I believe the company has tremendous growth and expansion potential," Dr Abdulelah Algosaibi said.
"I hope to convey my expertise in technology to OrderJet, and I look forward to having a complementary relationship that takes the company to new horizons and boosts the efforts of supporting youth to compete regionally and globally."