Foozi
Foozi provides a cloud-based procurement platform for restaurants, hotels, bakeries, and supermarkets, automating quote distribution via WhatsApp to multiple suppliers simultaneously. The system includes real-time dashboards for cost savings, supplier performance, and price variation analysis, along with AI-driven substitute product suggestions. The platform claims to reduce operational procurement time by up to 80% and generate monthly savings of 2% to 30% for its clients.
- Food Technology
- Retail Technology
- Hospitality & Travel Technology
- Software Only
- Artificial Intelligence
Funding
Raised to date
$1MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 1 round
$1M · Pre-Seed
Announced Nov 2026
Disclosed cumulative: $1M
Founders
Founder details are not available yet.
Product
Problem
Businesses in the food service and retail sectors often face inefficiencies in their procurement processes, leading to suboptimal pricing and increased operational overhead. Manual methods for obtaining quotes and comparing suppliers are time-consuming and limit the ability to identify cost-saving opportunities.
Solution
Foozi provides a cloud-based procurement platform designed to digitize and automate the purchasing workflow for restaurants, hotels, bakeries, and supermarkets. The system facilitates the automated distribution of RFQs via WhatsApp to multiple suppliers simultaneously, enabling rapid price comparison and negotiation. Users gain access to real-time cost analysis dashboards, supplier performance metrics, and historical purchasing data to inform strategic sourcing decisions. The platform also offers features for managing custom supplier lists and identifying potential cost savings through substitute product suggestions.
Target Audience
The platform targets businesses within the hospitality and retail sectors, including restaurants, hotels, bakeries, and supermarkets, that manage significant procurement volumes.
Features
- Automated WhatsApp RFQ distribution to multiple suppliers for streamlined price discovery.
- Real-time dashboards displaying cost savings, supplier performance, price variations, and ABC analysis.
- Functionality to onboard custom suppliers and product catalogs without vendor lock-in.
- AI-driven suggestions for substitute products and alternative suppliers to optimize cost-effectiveness.
- Centralized repository for all historical quotes, orders, and invoices, enabling easy data retrieval and analysis.
- Reduction of operational time spent on manual procurement tasks by up to 80%.
- Potential for monthly savings on purchases ranging from 2% to 30%.