Foodtech Deliverect raises $65m after reporting 750% user growth

Belgian foodtech startup Deliverect, which provides software to restaurants to organise online orders, has raised a $65m Series C round. It’s currently used by 10k restaurants and dark kitchens around the world, including big brands like Pret a Manger, Dishoom and KFC. Although the pandemic has spurred on adoption of online delivery from restaurants, Xu says that it’s an acceleration of a longer term trend that was present before Covid-19 came along, and one they expect to see continue. João Almeida, CFO of KFC Iberia, explains that the model saves restaurants time, as well as ensuring mistakes aren’t made. “We’ve also seen a substantial decrease in the number of incidents, reducing both missing and incorrect orders.” Since raising its Series B round last April, Deliverect has quadrupled its team from 50 to 200 people.