Blink Secures $2.1 Million in Seed Funding Round
The latest injection of funding is poised to propel Blink's growth in Saudi Arabia.
By Inc.Arabia Staff
Saudi Arabia-based SaaS startup Blink has concluded a $2.1 million seed funding round from 500 Global and Global Founders Capital, as well as existing investors, including Orbit Startup/SOSV, according to a press release.[1]
Blink aids restaurants in optimizing profits and reducing reliance on delivery aggregators.
Over the past year, the company has processed 4.5 million orders for its partner restaurants, achieving an annual recurring revenue surpassing $0.5 million.
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Established in 2020, Blink has assisted over 1200 restaurants throughout the MENAP region in processing more than 8 million direct orders.
The latest injection of funding is poised to propel Blink's growth in Saudi Arabia.
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