What is Deliverect?
Founded in 2018 and headquartered in Ghent, Belgium, Deliverect provides a critical software solution that seamlessly integrates businesses' online orders with their existing point of sale (POS) systems. The company offers a comprehensive suite of omnichannel restaurant management tools designed to streamline operational flow across both front and back-of-house operations. This integration is vital for modern food service businesses navigating the complexities of multiple online ordering platforms and delivery services, enabling them to manage orders efficiently and reduce manual errors.
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 E (2020): $13.1M led by OMERS Ventures
Series B (2020): $19.2M supported by SmartFin, OMERS Ventures, and Newion Investments B.V
Series C (2021): $65M featuring SmartFin, Newion Investments, OMERS Ventures, Redpoint Ventures, and DST Global Partners
Series D (2022): $150M backed by Alkeon Capital Management and Coatue
Key Investors in Deliverect
OMERS Ventures
OMERS Ventures is an investment group that offers pension plans for employees through various businesses, indicating a focus on established and scalable ventures.
Alkeon Capital Management
Alkeon Capital Management is an investment management firm founded in 2002, suggesting a strategic approach to capital allocation in growing technology companies.
Coatue
Coatue Management is an employee-owned hedge fund sponsor that invests in public and private equity, indicating a broad investment mandate with a focus on technology and growth sectors.
What's next for Deliverect?
The substantial enterprise-level backing and recent strategic investment signal Deliverect's strong market position and its potential for accelerated expansion. This capital infusion is likely to fuel further product development, enhance its omnichannel capabilities, and support its global market penetration efforts. As the food tech industry continues to evolve, Deliverect is well-positioned to capitalize on the increasing demand for integrated digital solutions that optimize restaurant operations and improve customer experiences.
See full Deliverect company page
