Tiger Global invests $18 mln in Olo
Summary
The investment was structured using common equity held by long-term Olo employees, providing an opportunity for those team members to realize a monetary benefit in acknowledgment of Olo’s growing success in alignment with Tiger Global’s belief in the growth of the restaurant technology sector. “We are thrilled to have Tiger Global as part of our investor base and look forward to working with them as we partner to grow digital ordering and delivery for the restaurant industry.” Olo’s enterprise-grade software powers every stage of the digital restaurant transaction, from fully branded guest interfaces to the back-of-house order management features that keep the kitchen running smoothly. Olo’s enterprise-grade software powers every stage of the digital restaurant transaction, from fully-branded guest interfaces to the back-of-house order management features that keep the kitchen running smoothly. Those clients include Applebee’s (DIN), Chili’s (EAT), Chipotle (CMG), Denny’s (DENN), Five Guys Burgers & Fries, Jamba Juice (JMBA), Noodles & Company (NDLS), Red Robin (RRGB), Shake Shack (SHAK), sweetgreen, Wingstop (WING), and more.
Funding
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