Riyadh-based coffee pre-ordering startup Leap has raised six-figure (USD) seed funding, it told MENAbytes today without disclosing the exact size of the deal. The investment came from a Saudi angel investor.
Founded last year by a team of four Riyadh-based management consultants, Leap allows users to skip the wait time by pre-ordering their coffee from different cafes in Riyadh, Jeddah, Dammam, and Khobar. The users can pickup their orders from Leap’s pickup stand when they get to the restaurant. They have the option to pay while making their order on the app or cash when they are picking up their order.
Leap’s app that’s available for both iOS and Android launched last year with a single cafe, Leap now has close to 50 cafes on its network including some international chains like Caribou Coffee.
The startup did not share the details about the number of transactions it’s processing but said it has almost 12,000 users.
Usman Nadeem, the co-founder of Leap, speaking to MENAbytes, said, “Leap was started by founders who faced a problem of waiting too long for their coffee. After realizing the potential of the solution, we quickly launched into the market with one cafe and set out to perfect the order ahead process.”
“Now at nearly 50 cafes and with the help of our investment, we are confident of scaling fast across the major cities in Saudi Arabia and are also very excited to be launching some major cafes very soon,” he added.
The startup plans to use the investment to expand into more Saudi cities and add more cafes to its network.
- Ameer Sherif appoints a new CEO for Wuzzuf and Forasna, moves on to focus on VC, public policy - September 29, 2021
- Marham raises $1 million seed to grow into a healthcare superapp for Pakistan - August 3, 2021
- Former Careem Pay boss launches SimpliFi, a Cards as a Service platform for MENA and Pakistan - August 2, 2021