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UAE startup Supy raises $1.5m in latest funding

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DUBAI: A UAE-based startup that digitizes communication between restaurants and suppliers has raised $1.5 million in pre-seed funding. 

Supy provides a platform to streamline restaurants’ ordering process and provide real-time analytics to support procurement. 

The round was led by UAE-based COTU Ventures and US-based Valia Ventures, marking its first investment in the Middle East and North Africa region. 

“I experienced first-hand the countless pain points that exist for both restaurants and suppliers when it comes to the ordering process,” said Dani El-Zein, Supy’s co-founder, adding that the company aims to address this concern in the food and beverage sector.