What is Order.co?
Founded in 2016 and headquartered in New York City, Order.co operates as a sophisticated B2B marketplace designed to simplify the procurement lifecycle. The platform functions as a central nexus between businesses, their diverse vendor ecosystems, and various payment infrastructures. By leveraging data-driven insights and automated purchasing tools, the company addresses critical inefficiencies in corporate spending, offering a tailored solution that spans the entire buying process from requisition to reconciliation. Its market position is bolstered by a commitment to reducing operational friction, allowing organizations to scale their procurement capabilities without the traditional overhead associated with manual vendor management.
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 Stage 2 Capital, Collaborative Fund, and Clocktower Technology Ventures
Key Investors in Order.co
Rally Ventures
Rally Ventures is a venture firm specializing in early-stage business technology, with a focus on AI, cybersecurity, and fintech sectors. They provide hands-on support through a vast network of tech partners to drive growth in high-potential B2B firms.
Stage 2 Capital
Stage 2 Capital is a unique venture fund backed by over 800 go-to-market experts, focusing on scaling B2B software companies. They utilize scientific, data-driven frameworks to help founders achieve sustainable revenue growth and product-market fit.
Collaborative Fund
Collaborative Fund is a prominent investment firm managing over $500 million, known for backing mission-driven entrepreneurs. They provide strategic support and leverage a deep network of lessons learned from high-growth portfolio companies.
What's next for Order.co?
With the infusion of capital from its latest financing round, Order.co is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise software sector. The strategic focus will likely center on deepening its fintech integrations and enhancing the predictive capabilities of its marketplace engine. As the company transitions from its growth phase into a more mature enterprise-level operation, it will continue to leverage its network of strategic backers to refine its go-to-market strategy and solidify its dominance in the B2B commerce space. Future developments are expected to prioritize scalability, further automation of payment workflows, and the expansion of its vendor network to meet the evolving demands of global business procurement.
See full Order.co company page
