Supplynote is a technology company.
Supplynote has raised $3.0M across 2 funding rounds.
Supplynote has raised $3.0M in total across 2 funding rounds.
Supplynote is a cloud-based procurement management platform designed for restaurants, hotels, and cafes, automating supply chain processes to eliminate middlemen, streamline purchasing, and optimize inventory.[1][2][3][5] It serves food and beverage businesses by solving procurement inefficiencies—such as manual ordering, inventory tracking, and supplier management—through features like real-time analytics, order history, payment processing, and integrations with tools like Zoho and Tally, ultimately boosting profit margins, reducing labor time, and digitizing operations.[1][3][5] With pricing starting at $300 per year and a mobile app for Android, Supplynote has shown growth momentum via $1.2 million in pre-Series A funding (total under $5 million across two rounds) and backing from investors like SOSV, operating from Noida, India, with around 50 employees and $10.5 million in revenue.[3][4]
Founded in 2015 in Noida, India, Supplynote emerged to address fragmented supply chains in the food service sector, providing a platform that digitizes procurement for restaurants and cafes.[2][4][5] The company was co-founded by a team including a CEO & Co-founder, Chief Technology Officer, and Chief People Officer, though specific names are not detailed in available records.[4] Early traction included raising under $5 million across two funding rounds, with a notable $1.2 million pre-Series A led by investors like SOSV, enabling expansion of its automation suite.[1][4] Pivotal moments feature strategic hires, such as former Del Monte Foods India CEO Yogesh Bellani joining the advisory board to bolster food and beverage expertise.[4]
Supplynote stands out in restaurant supply chain management through targeted features and usability:
Supplynote rides the wave of digital transformation in food service supply chains, where post-pandemic pressures for efficiency, cost control, and resilience amplify demand for automation amid rising food costs and labor shortages.[1][2] Timing aligns with global F&B digitization trends, particularly in emerging markets like India, where fragmented procurement hinders 70-80% of small restaurants; market forces like e-commerce growth and investor interest in climate tech/sustainability (via SOSV ties) favor its model.[1][4] It influences the ecosystem by enabling data-driven decisions for thousands of outlets, reducing waste, and fostering direct supplier ties, positioning it as a key enabler in a sector projected to grow via SaaS adoption.[3][5]
Supplynote is poised for expansion with its proven funding and revenue base, likely pursuing Series A to scale globally and enhance AI-driven forecasting amid rising restaurant tech adoption.[4] Trends like sustainable sourcing, hyperlocal supply networks, and POS integrations will shape its path, potentially evolving it into a full-stack F&B operations platform. As investor interest in supply chain resilience grows—exemplified by SOSV's climate tech focus—Supplynote could amplify its ecosystem impact, transforming procurement from a cost center to a profit driver for restaurants worldwide.[1][4]
Supplynote has raised $3.0M in total across 2 funding rounds.
Supplynote's investors include Venture Catalysts | India's First Integrated Incubator, Gokul Rajaram, RiSo Capital.
Supplynote has raised $3.0M across 2 funding rounds. Most recently, it raised $2.0M Series A in July 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2023 | $2.0M Series A | Venture Catalysts | India's First Integrated Incubator, Gokul Rajaram | |
| Oct 1, 2021 | $1.0M Seed | RiSo Capital, Venture Catalysts | India's First Integrated Incubator, Gokul Rajaram |