Lezzoo, Delivery and E-Payment Platform in Iraq

29 January 2021
Lezzoo, Delivery and E-Payment Platform in Iraq

Lezzoo is an Iraqi start-up that is pioneering online third-party delivery services and e-payments, starting in the Kurdistan Region of Iraq. It was the first Iraqi company accepted to Y Combinator, a leading US-based accelerator for technology startups. Lezzoo currently works with over 700 restaurants and other businesses in the region.

In July 2020, Lezzoo closed a seven-figure seed round from investors including Northern Gulf Partners and California-based Pay It Forward Venture Capital (PIF VC). CrossBoundary provided support to this transaction through USAID’s Iraq Governance and Performance Accountability (IGPA/Takamul) project, with subsequent pro-bono assistance. The support helped Lezzoo connect with new investors and prepare for due diligence. Lezzoo met several of its investors at the landmark Ninewa Investment Forum, organized by IGPA in December 2019.

The capital will enable the expansion of Lezzoo’s food and grocery delivery services, as well as support its growth into new verticals.