What is Orderbird?
Orderbird offers a leading iPad POS system designed for various hospitality businesses, emphasizing ease of use and remote control capabilities. The platform aims to streamline operations for restaurants, bars, and cafes, providing a comprehensive solution for managing sales, inventory, and customer data. Its user-friendly interface and robust features have positioned it as a key player in the digital transformation of the hospitality industry.
How much funding has Orderbird raised?
Orderbird has raised a total of $36.1M across 3 funding rounds:
Series A
$3.3M
Series B
$10M
Series C
$22.8M
Series A (2012): $3.3M with participation from Alstin Capital
Series B (2014): $10M led by Metro Group, ConCardis, and Digital+ Partners
Series C (2016): $22.8M supported by Concardis, Digital+ Partners, and Metro Group
Key Investors in Orderbird
Alstin Capital
Alstin Capital is a Munich-based venture capital fund focused on innovative, high-growth companies in sectors like FinTech, InsurTech, Cyber Security, and Industry 4.0. They provide significant financing and actively support portfolio companies in developing scalable B2B sales operations.
Digital+ Partners
Yttrium (formerly Digital+ Partners) is a growth equity investment firm specializing in B2B technology companies. They partner with management teams to scale businesses globally, offering targeted support with over 750 million Euros in assets under management.
Concardis
Nexi Germany GmbH (formerly Concardis) provides cashless payment solutions for retail and hospitality, offering card payment acceptance, POS products, and e-commerce solutions to enhance transaction efficiency for businesses.
What's next for Orderbird?
With the recent strategic investment, Orderbird is poised to accelerate its growth trajectory. The company is likely to focus on enhancing its product offerings, expanding its market reach, and potentially exploring new technological integrations to further solidify its competitive advantage. This funding round signals strong investor confidence in Orderbird's business model and its potential to capture a larger share of the evolving hospitality technology market. Future developments may include advanced analytics, loyalty program integrations, and enhanced backend management tools.
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