Saudi-based Juzur, a specialized platform offering accounting and inventory management solutions for the food and beverage sector, has announced the closure of a SAR 800,000 (~$213,000) pre-seed funding round. The investment was backed by a group of angel investors.
Fueling AI-Powered Automation
Juzur intends to use the new capital to develop its compliance tools and enhance the digital financial consulting experience offered through its platform.
According to a company statement, the investment will be primarily allocated to boosting the development of its accounting system. This includes a strong focus on automating processes and expanding the use of artificial intelligence to support small and medium-sized restaurant and cafe owners, eliminating the need for specialized in-house accounting or inventory management staff.
Streamlining Restaurant Management
Juzur’s platform is designed to simplify complex operational tasks by enabling automated data entry and real-time inventory tracking. It empowers business owners by providing accessible financial and administrative reports without requiring prior accounting expertise, allowing them to focus on growth and customer service.
About Juzur
Founded in 2024 by Mohammed AlMashouh, Juzur aims to address the specific accounting and inventory management challenges faced by restaurants and cafes. With this new investment, the company is positioned to accelerate its technical development and commercial expansion within the Kingdom’s F&B services sector.
Source: Jawlah
