Supplynote , a SaaS platform that helps F&B businesses digitise and automate their supply chain and procurement, announced that it has raised $1.2 million in Pre-Series A round, led by Venture Catalysts.
The investment round saw participation from US-based Astor Management, SOSV, Riso Capital, and Manjal Investments, Angelbay, SucSEED Ventures, DevX Fund, Sarcha Advisors, and Faad Network. Including this round, the brand has raised a total of $ 2.8 million since its inception in 2015.
To enable its expansion plans, SupplyNote will be utilising funds in hiring and upgrading the tech stack, scaling up its HoReCa marketplace, and more.