Vancouver-based SaaS Platform Developer Startup Omnicart Closes $1.5 Million in Seed FinancingTuesday, December 5, 2023
Nader Samadyan, Co-Founder and Chief Operating Officer, and Co-founder and CEO, Arya Rashtchian, of Omnicart
Vancouver, BC, December 4, 2023--(T-Net)--Vancouver-based Omnicart announced today that it has successfully raised $1.5 million in seed financing.
Omnicart is a developer of an SaaS platform and a delivery operating system for any business owner who have access to fleets of drivers, and we are on a mission to empower everyone to unlock the potential of on-demand delivery.
In the same way that Shopify made it easier for anyone to start and scale an e-commerce business, the company says it is making it possible to start and scale an on-demand delivery business.
Omnicart can get set up in days, has a world-class end-user experience, and can be used for delivery of any type of products including food & beverage, cannabis, liquor, and consumer goods. The market we are going after is a $10B market today and it is rapidly growing.
The company said in its announcement that its vision has always been to empower local entrepreneurs to grow their business and achieve success.
"Foodhub is excited about the recent stake acquisition in Omnicart, a move that signifies a leap forward in our mission to enhance our food delivery platform. This partnership aligns with our innovative ethos and customer-centric approach, promising to deliver superior software for restaurants. We are confident that this collaboration will yield substantial benefits for all stakeholders involved" said Ardian Mula, Founder and CEO at Foodhub, a Omnicart investor.
Omnicart's focus is on hyperlocal communities and ensuring local entrepreneurs have access to the best technology available. We built our highly customizable product because we believe businesses should be able to modify their settings through the technology, rather than alter their operations due to a technology limitation.
"We are excited to celebrate our most recent accomplishment of securing funds. We have been blown away by the encouragement of our investors and our oversubscribed seed round will allow us to enhance our product and explore opportunities for growth" said the company in its announcement.
The company says its seed funding will go towards:
Foodhub LTD: Foodhub is a company that provides online food ordering services to restaurants and takeaways. It is headquartered in Stoke on Trent, United Kingdom. Foodhub is founded by Ardian Mula, an entrepreneur who started Foodhub about 15 years ago and has since bootstrapped the company to almost 1000 employees and operations in multiple countries such as the UK, Australia, New Zealand, and the US.
Dr. Shahram Tafazoli: Shahram Tafazoli is an inventor, entrepreneur, mentor, and investor in the technology and sustainability spaces. He received all his degrees in Electrical and Computer Engineering. He holds a PhD degree from University of British Columbia (UBC) in Canada and Master's and Bachelor's degrees from Sharif University of Technology in Iran.
After graduating in 1997 from UBC, he started a one-man technology consulting company which evolved to Motion Metrics International Corp and was sold to the WEIR Group on December 1, 2021.
He is also an associate member of the Creative Destruction Lab. Shahram recently founded Fold36 Capital Inc. with the vision of investing in game-changing technology ventures with positive impact on humanity.
Dr. Oleksiy IgnatyevL Data scientist at Oracle. Dr. Ignatyev manages 2200 syndicates on AngelList.
Omnicart is a SaaS platform and a delivery operating system, and we are on a mission to empower everyone to unlock the potential of on-demand delivery. In the same way that Shopify made it easier for anyone to start and scale an e-commerce business, we are making it possible to start and scale an on-demand delivery business.
Omnicart can get set up in hours, has a world-class end-user experience, and can be used for delivery of any type of products including food & beverage, cannabis, liquor, and consumer goods.
Omnicart Company S.L
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