Jahez Group Analysis: $36M Raised
What is Jahez Group?
Jahez Group operates as a leading online food delivery platform in Saudi Arabia, with services extending to Bahrain and Kuwait. The company has diversified its offerings through various subsidiaries, including logistics support and B2B food supply services. Jahez aims to enhance customer lifestyles and empower businesses through its ecosystem of on-demand services.
Location
Riyadh, Saudi Arabia
Employees
1001-5000
Founded
2016
Industry
Foodtech, Logistics, Marketplace
Product Features & Capabilities
- Blu interactive sports app
- Logi logistics platform
- Co Limited Company for commercial kitchens
- Sol B2B food and beverage supply
- Marn Business Information Technology acquisition for digital solutions
Use Cases
Deliver food from local restaurants to consumers; Provide logistics support for merchants; Supply chain management for hotels and cafes; Offer digital solutions for business growth; Facilitate cloud kitchens for food delivery services
How much Jahez Group raised
Series A - $36 million (SAR 137 million)
June 3, 2020Lead Investor: Impact46
Other Considerations
Acquired Marn Business Information Technology in January 2023; Serves the Saudi market with a 33% share; Plans to achieve full profitability in the Gulf by 2025
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