POSRocket develops cloud-based POS software launched in 2016 to help restaurants and other retailers manage inventory, optimize staffing, generate sales reports, and monitor transactions remotely in real time. Its product targets SMEs and is designed to avoid complex on-premise setups or dedicated IT staff. The majority of the company's customers are in the MENA region's F&B vertical, though the product is positioned to serve retail, services, and entertainment verticals as well. POSRocket emphasizes features that enable scaling operations, improving customer experience, and reducing overhead. The startup plans to invest its latest funding into product research and development, operations management, talent acquisition and training, expanding sales into untouched MENA markets, and forming long-term partnerships. Financially, this is POSRocket's second funding round, bringing its total raised to about $2.15 million to date.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2018