KASO Analysis: $11M Raised
What is KASO?
KASO is a mobile and web app that helps restaurants and suppliers manage food supply orders efficiently, reducing errors and waste while saving time and money.
Product Features & Capabilities
- Order management for restaurants and suppliers, mobile and web application, reduces order errors by 80%, saves 2 hours daily, manages digital catalogs, avoids 20% waste with analytics, accesses a marketplace of suppliers, automates processes, offers unique credit facilities for suppliers.
How much KASO raised
1: - $10.5 million
July 12, 2023Lead Investor: Y Combinator (specific investor names not detailed)
Who are the founders of KASO
MA
Manar Alkassar
Founder
Market Focus
KASO primarily focuses on the food service industry, specifically providing solutions for restaurants and suppliers to manage food supply orders efficiently.
Business Model
B2B platform charging transaction fees and subscription models for restaurants and suppliers.
Investors
- KBW Ventures
- Derayah Venture Capital
- SEEDRA Ventures
- Y Combinator
- Global Founders Capital
- MSA Novo
- Pioneer Fund
- Vulpes Ventures
- Spade Ventures
- HALA Ventures
- Faith Capital
- B&Y Venture Partners
- Cyfr Capital
- BYLD Ventures
Competitors Overview
KASO's main competitors in the food supply management market include:
- Foodics: Based in Riyadh, Saudi Arabia, Foodics offers a comprehensive restaurant management system that includes point-of-sale (POS) solutions and inventory management. It is venture capital-backed and focuses on enhancin
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