KSA’s DailyMealz to Expand into Egypt & UAE Following $2M Investment

Dailymealz, a Riyadh-based food subscription app aimed at corporate employees, has raised $2 million in Pre-Series A funding. Led by Seedra Ventures and with participation from several angel investors, the investment will go towards expansion into different regional markets, starting with the United Arab Emirates and Egypt.

Founded in late 2017 by Mohamed Elzalabany, Abdulrahman Ahmed, Abdallah Said and Motaz AbuOnq, Dailymealz enables individuals to order food using weekly, biweekly and monthly subscriptions through its app on iOS and Android, starting from SAR 138 (about $37) per week. The users can choose different types of subscriptions including healthy, diet, Keto, and fast food and create customised plans to receive the food in their office or at home without having to place an order every time they need it.

DailyMealz recently launched a new product for corporates that enables employers (through their HR departments) to offer meals to their employees as a perk or at subsidized rates, and place group orders for meetings and events.

The service is currently available in different cities of Saudi Arabia and Kuwait and claims to have delivered over one million meals to date.