Seafood Souq

Seafood Souq

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A digital ecosystem bringing transparency, traceability and sustainability to the global seafood industry. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues1.3m2.1m3.4m
% growth-60 %62 %
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DateInvestorsAmountRound
-

N/A

-
N/A

$680k

Valuation: $4.0m

Angel
N/A

$1.0m

Seed
N/A

$750k

Seed

AED50.0k

Grant

N/A

Seed
*

$500k

Valuation: $4.0m

Seed
Total Funding€2.7m

Recent News about Seafood Souq

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More about Seafood Souqinfo icon
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Seafood Souq is a dynamic startup that operates in the seafood industry, providing a digital marketplace for traceable and high-quality seafood. The company serves a diverse clientele, including individual consumers, restaurants, and corporate buyers who prioritize fresh and sustainably sourced seafood. Seafood Souq operates primarily in the Middle Eastern market but sources its products from various international locations, ensuring a wide variety of seafood options.

The business model of Seafood Souq is centered around an online platform where customers can browse, compare, and purchase seafood products directly from local and international producers. This model not only simplifies the buying process but also ensures transparency and traceability. Each product comes with a digital traceability certification, verifying its quality and origin. This traceability is a significant selling point, appealing to consumers who are increasingly concerned about the sustainability and authenticity of their food sources.

Seafood Souq generates revenue through direct sales of seafood products on its platform. The company offers a range of products, including various types of shellfish and fish, with prices listed per kilogram. Additionally, Seafood Souq likely earns a commission from seafood producers for facilitating sales through its marketplace. The use of Emirates SkyCargo for shipping ensures reliable and fully trackable delivery, enhancing customer trust and satisfaction.

In summary, Seafood Souq leverages technology to provide a seamless and transparent seafood purchasing experience, catering to a market that values quality and traceability. By connecting consumers directly with producers, the company not only ensures fresh seafood but also supports sustainable fishing practices.

Keywords: traceable seafood, digital marketplace, fresh seafood, sustainable sourcing, online platform, seafood delivery, quality certification, Middle Eastern market, seafood producers, Emirates SkyCargo.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.