Food delivery startup Haat has raised around US$20 million in a new funding round. After this investment, the company is now valued at about US$100 million.
The funding round included both existing investors and new investors. It was led by Israel Post, which invested around US$14 million.
Food importer Lehman Schlissel also joined the round, investing around US$5 million.
Haat works in the food delivery and catering business, partnering with restaurants and food suppliers. Since it started, the company has raised around $20 million, mostly from private investors.
Some of its well-known investors include Eyal Waldman, Amit Krig, Gigi Levy, and Sir Ronald Cohen.
Founded in 2020 by Hasan Abasi, Haat first focused on the Arab sector, but over the past year, it has quickly expanded into more cities.
The new funding will help the company grow further in the Tel Aviv area, where it will compete directly with Wolt, which currently leads the market in central Israel.
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