What is Order.co?
Founded in 2016 and headquartered in New York City, Order.co operates as a guided B2B marketplace designed to streamline the procurement process for businesses. By integrating predictive applications and embedded fintech, Order strategically positions itself at the nexus of a company, its suppliers, and its payment infrastructure. This unique approach enables the delivery of highly customized solutions that optimize the entire buying lifecycle, from initial requisition to final payment.
How much funding has Order.co raised?
Order.co has raised a total of $40M across 2 funding rounds:
Series A
$10M
Series B
$30M
Series A (2020): $10M with participation from Rally Ventures
Series B (2022): $30M led by Collaborative Fund, Clocktower Group, and Stage 2 Capital
Key Investors in Order.co
Rally Ventures
Rally Ventures is a venture capital firm focused on early-stage business technology companies, particularly in AI/ML, cybersecurity, fintech, and SaaS+. They provide strategic resources and global expertise to foster growth.
Collaborative Fund
Collaborative Fund is a leading source of capital and strategic support for entrepreneurs, with a history of investing in impactful companies across various sectors.
Clocktower Group
Clocktower Group is an alternative asset management and advisory firm employing a top-down macro framework and a relationship-based investing approach, with interests in fintech and climate startups.
What's next for Order.co?
The substantial enterprise-level backing Order.co has received, particularly the recent strategic investment, positions the company for accelerated scaling and market expansion. This infusion of capital is likely to fuel further development of its predictive applications and embedded fintech capabilities, enhancing its value proposition for businesses seeking to optimize their procurement operations. The company is poised to deepen its market penetration and potentially explore new verticals or service offerings, leveraging its established marketplace infrastructure and growing vendor network.
See full Order.co company page
