What is Orda?
Orda provides a comprehensive cloud-based operating system designed specifically for African chefs and food business owners. Based in Lagos, Nigeria, the company addresses the unique challenges and opportunities within the continent's burgeoning food industry. By offering a robust technological solution, Orda empowers local culinary talent to streamline operations, improve efficiency, and expand their reach, thereby fostering a more dynamic and accessible food ecosystem across Africa.
How much funding has Orda raised?
Orda has raised a total of $4.5M across 2 funding rounds:
Other Financing Round
$1.1M
Angel/Seed
$3.4M
Other Financing Round (2022): $1.1M with participation from MAGIC Fund, Techstars Boulder, Norrsken Foundation, and Hustle Fund
Angel/Seed (2022): $3.4M led by LoftyInc Capital, Norrsken Foundation, Quona Capital, FinTech Collective, Far Out Ventures, Outside VC, and Enza Capital Management
Key Investors in Orda
LoftyInc Capital
LoftyInc Capital is an impact-focused venture firm that supports African entrepreneurs leveraging technology to solve significant problems, with a focus on co-founding enterprise development ecosystems.
Norrsken Foundation
Norrsken Foundation is a Swedish non-profit organization that invests in entrepreneurs solving global challenges and operates a co-working hub and impact VC fund.
Quona Capital
Quona Capital is a venture firm specializing in fintech for inclusion in emerging markets, supporting companies that promote financial inclusion and deliver outstanding returns.
What's next for Orda?
The substantial enterprise-level funding and recent strategic investment position Orda for accelerated growth and market penetration. This capital infusion is expected to fuel product development, expand its operational footprint across more African markets, and enhance its service offerings. With a clear focus on empowering local food businesses, Orda is poised to become a key player in digitizing and professionalizing the African culinary landscape, driving innovation and economic opportunity within the sector.
See full Orda company page
