Ordermark Raises $18M in Series B Funding to Help Restaurants Thrive in the Mobile-Delivery Era

Funding Rounds

Summary

Ordermark, which helps restaurants maximize revenue by adding the best delivery platforms for any zip code in one simple interface, today announced it has raised $18 million in Series B funding. We’ve been gratified to see positive results come in from our restaurant customers nationwide,” said Alex Canter, Ordermark CEO and Co-Founder, and fourth-generation owner of world-famous Canter’s Deli in Los Angeles. Ordermark’s thousands of customers include small, single-location restaurants as well as national chains, and they report higher revenues and happier staff, regardless of size. “Foundry Group has a long history of investing in companies that glue together disparate systems over diverse platforms -- and that’s exactly what Ordermark is doing in the restaurant industry: connecting third-party ordering solutions, point-of-sale systems, and other cool innovations to help restaurants consolidate, grow, and understand their delivery business,” said Chris Moody, Foundry Group partner. “Ordermark has dramatically exceeded our expectations and we are excited to continue supporting the business in this round,” said Ian Loizeaux, Founding Partner of, Nosara Capital which led Ordermark’s earlier funding.

$ Funding

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Amount $18.0M Total raised
Date July 29, 2019 Announcement date
Investors Mucker Capital, TenOneTen Ventures, Matchstick Ventures, Foundry Group Lead investors
Company https://www.ordermark.com/ Funded company

Classifications

industries
Retail
applications
ERP & Process Management

AskAI Classifications

Labels
SaaS Restaurant POS Integration Order Management Software

Linked Companies

Ordermark
$10M to $25M