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Technology, Media and Telecommunications

Project Zebra

KEY INFORMATION
Equity Raise
SGD 2 million
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About the Company

Project Zebra (Zebra) is a cloud-based B2B platform for the foodservice industry. Zebra allows restaurants and suppliers to easily connect to manage the entire ordering process in one place through an easy-to-use application. It enables a modern, standardised and efficient way to conduct business activities such as sourcing, procurement, orders tracking, invoice generation and payment collections. 

Zebra started in 2017 with over 30 employees now. They are used by over 1000+ outlets and 600+ suppliers in Singapore to date.

Investment Highlights

As the first mover of the region, Zebra is fast-growing and well poised to capture a significant share of the S$280-300B ASEAN F&B procurement market.

Zebra has also strong partnerships with platforms such as Grab and Xero and key suppliers such as FoodXervices to drive buyer stickiness and relevance.

Raising S$ 3m will enable Zebra to execute its GMV Monetisation and build revenue before a larger series A raised for regional expansion.

Of the S$ 3m fundraising round, S$ 1m has been taken up existing shareholders, demonstrating strong commitment and belief in Zebra's business strategy.

Zebra will open to an enlarged round to accelerate its growth plans.

Deal Teaser will be sent upon request.

Zebra's Financials

• 50x growth in Gross Merchandise Value (GMV) between 2017-2019 demonstrated a highly scalable opportunity.

• Despite the COVID-19 pandemic, Zebra is resilient and have retained 95% of their buyers, 100% of their suppliers.

• As of Dec. 2020, Zebra is achieving S$9.5M monthly GMV with 35K orders and S$220 average order value.

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