Ordermark Raises $120M in Series C Funding
Ordermark, a Los Angeles, CA-based provider of online ordering management solutions for restaurants and virtual restaurant concepts, closed its $120M Series C funding round.
The round was led by Softbank Vision Fund 2, joined by returning investor Act One Ventures.
The company intends to use the funds to continue to expand its business reach.
Led by Alex Canter, CEO and Co-Founder, Ordermark provides an online order management technology platform used by thousands of independent and chain restaurants nationwide, consolidates mobile orders across online ordering services and sends them to a single printer — enabling omni-channel ordering and delivery. The company also operates Nextbite, which enables qualifying restaurants to offer popular delivery-only brands out of their existing spaces.
Ordermark’s thousands of customers include small, single-location restaurants and many of the world’s top restaurant chains including Papa John’s, Popeyes, Which Wich, and Yogurtland.