OrderWithMe Raises Another $28M To Help Small Businesses Procure Like Big Ones
Summary
OrderWithMe, a startup based out of Las Vegas that has built a platform for small businesses to come together to effectively act like big ones to source, order and pay for supplies and components — has raised another $28 million in funding. The company says the money will be used to build out its operations to new verticals — it has “multiple industry partners lined up” for this already, it says — as well as a new product to add to the chain of services already provided by the startup. OrderWithMe currently focuses on bringing together businesses with suppliers for eight different verticals that include bike shops, bakeries, children’s stores, photo & printing and plumbing. The company taps into a bigger trend of using the Internet and technology in general to help start and build small businesses (a spirit that is played out in the tech world of startups, which are all, effectively, SMBs in their early days). “The unique business model allows us to scale quickly as we support groups of independent retailers to act as one big account to our suppliers.