Ordermark Raises $120M in Series C Funding Led by SoftBank Vision Fund 2 to Help Independent Restaurants Thrive

Oct 27, 2020•almost 5 years ago

Amount Raised

$120 Million

Round Type

series c

Los Angeles

Description

Ordermark, one of the leading providers of online ordering management solutions for restaurants and virtual restaurant concepts, today announced the close of its $120M Series C funding round led by Softbank Vision Fund 2[1] and joined by returning investor Act One Ventures. The funding will be used to help more restaurants transition to online ordering during the COVID-19 pandemic and beyond.

Company Information

Company

Ordermark:

Location

Los Angeles, California, United States

About

Born in the kitchen of the world-famous Canter’s Deli in Los Angeles by a fourth-generation restaurateur, Ordermark was built, tested, and refined from the perspective of a restaurant operator. Ordermark’s thousands of customers include small, single-location restaurants and many of the world’s top restaurant chains including Papa John’s, Popeyes, Which Wich, and Yogurtland. The company is headquartered in Los Angeles with offices in Denver.

Funding Insights

Based on industry data

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Ordermark Raises $120M in Series C Funding Led by SoftBank Vision Fund 2 to Help Independent Restaurants Thrive

Description

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Funding Insights

Company Information