What is Deliverect?
Founded in 2018 and headquartered in Ghent, Belgium, Deliverect provides a crucial software solution that bridges the gap between businesses' online ordering platforms and their existing point-of-sale systems. The company offers a comprehensive suite of omnichannel restaurant management tools designed to streamline operational workflows across both front and back-of-house operations. Deliverect's technology is instrumental in helping restaurants manage the complexities of digital orders, enhancing efficiency and customer service in an increasingly online-centric food service industry.
How much funding has Deliverect raised?
Deliverect has raised a total of $251M across 5 funding rounds:
Series A
$3.7M
Series E
$13.1M
Series B
$19.2M
Series C
$65M
Series D
$150M
Series A (2019): $3.7M with participation from Newion
Series B (2020): $19.2M led by SmartFin, OMERS Ventures, and Newion Investments B.V
Series E (2020): $13.1M supported by OMERS Ventures
Series C (2021): $65M featuring DST Global Partners, Redpoint Ventures, OMERS Ventures, Newion Investments, and SmartFin
Series D (2022): $150M backed by Coatue and Alkeon Capital Management
Key Investors in Deliverect
Coatue
Coatue Management is an employee-owned hedge fund sponsor that invests in public and private equity across global markets, including equity-related securities.
Alkeon Capital Management
Alkeon Capital Management is an investment management firm founded in 2002, headquartered in New York, New York.
OMERS Ventures
OMERS Ventures is an investment group that offers pension plans for employees through various businesses, focusing on strategic investments in growing companies.
What's next for Deliverect?
The recent major enterprise-level funding and strategic investment signal a pivotal phase for Deliverect. This capital infusion is expected to fuel further expansion, likely involving enhancements to its existing product suite, exploration of new market opportunities, and potential strategic acquisitions. The company's focus on integrating disparate online ordering channels and POS systems positions it to capitalize on the ongoing digital transformation within the hospitality sector. Deliverect's trajectory suggests a continued emphasis on scaling its operations and solidifying its position as a leader in omnichannel restaurant management solutions.
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