Entrepreneur ME 08.2019

(ff) #1
August 2019 / ENTREPRENEUR.COM / 73

Ahmed Wadi,
founder and CEO,
Moneyfellows

CURRENTLY, FINEDINE SERVES
MORE THAN 800 CUSTOMERS IN 52
COUNTRIES, MOSTLY IN KUWAIT, SAUDI
ARABIA, AND THE UAE.

For you as an investor, what
made FineDine a startup that
was worth investing in?
“FineDine ticks all the right
boxes: it offers clear value to
both restaurant goers and
restaurants, it harnesses
technology for scalability, and
it has an amazing team behind
it, who combines both passion
in serving their customers and
expertise in the market they
operate in.”

Mona Al Mukhaizeem , Managing
Partner, Savour Ventures

THE INVESTOR’S
VIEWPOINT

FineDine CEO and co-founder
Duygu Kutluoglu Kilic, and CTO and
co-founder Adil Burak Kilic

FineDine app

Mona Al Mukhaizeem, Managing Partner,
Savour Ventures

WE GOT FUNDED | WASHMEN AND FINEDINE SECURE THEIR LATEST FUNDRAISING WINS

FINEDINE
finedinemenu.com

FineDine, a SaaS data-driven digital
menu platform and a tablet application
for the F&B and hospitality sector, has
raised an undisclosed investment from
Middle East food vertical accelerator
Savour Ventures.
Launched in March 2016 by Duygu
Kutluoglu Kilic and Adil Burak Kilic in
Istanbul, Turkey, the startup came into
being after Burak stumbled on the idea
of digitizing paper menus for diners,
who would get to see how their choices
would be served before being ordered.
With CEO Duygu’s project manage-
ment background and CTO Burak’s
skills in software development, the duo
launched FineDine as a SaaS menu
management platform for restaurants,
cafes, bars and hotels to increase sales
and customer retention by digitizing the
dining experience with interactive digi-
tal tablet menus. The platform enables
self-ordering (and soon self-checkout),
allowing consumers to decrease the fric-
tion between the diner and the kitchen,
as well as help managers make decisions
based on analytics on the menu and
service performance.
Currently, FineDine serves more than
800 customers in 52 countries, mostly
in Kuwait, Saudi Arabia, and the UAE.
Its customers include the likes of Cavalli
Club, Hard Rock Hotel & Casino, Hilton,
Raffles Hotels & Resorts, Shangri-La,


and Sofitel Raffles in the GCC, South
East Asia and USA. Kilic credits their
growth to their digital marketing strat-
egy which acquired most of their cus-
tomers online. Besides being integrated
to restaurant management system such
as Epos Now, Clover and more, it also
partners with KSA-born startup Food-
ics’ dashboard to allow guests to place
orders from the FineDine app and sent
to Foodics’ point of system immediately.
An alumni of 500 Startups’ accel-
erator program in San Francisco, the
startup has also previously received
investments from 500 Startups Istan-
bul, as well as Turkish angel investors
Fira Isebecer and Hande Enes. When it
comes to advice for startups pitching to
investors, Kilic tells entrepreneurs that
it’s essential to talk about the long-term
vision, rather than just the current
status of the project. And with the new
investor onboard, Kilic is certain that
the startup will make use of Savour
Ventures’ network, mentors and know-
how to grasp a deeper understanding of
the F&B scene in GCC. They plan to use
the new capital infusion to “dominate
the Gulf region, and grow in South East
Asia.”
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