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Venture Capital News: Ordermark Lands $120M Series C Round

2020-10-27
LOS ANGELES, CA, Ordermark today announced the close of its $120 million Series C funding round.
Ordermark, one of the leading providers of online ordering management solutions for restaurants and virtual restaurant concepts, today announced the close of its $120 million Series C funding round led by Softbank Vision Fund 2 and joined by returning investor Act One Ventures. The funding will be used to help more restaurants transition to online ordering during the COVID-19 pandemic and beyond.

Ordermark (ordermark.com), founded in 2017, is one of the fastest-growing restaurant technology service providers in the mobile online ordering space. Ordermark helps restaurants increase efficiency and grow profits by aggregating mobile orders across all of the major online ordering service providers into a single dashboard and printer. Ordermark powers the technology behind Nextbite, one of the early pioneers in the virtual restaurant space. Nextbite's portfolio of virtual-only restaurant brands generates incremental orders for under-utilized kitchens.

Born in the kitchen of the world-famous Canter's Deli in Los Angeles by a fourth-generation restaurateur, Ordermark was built, tested, and refined from the perspective of a restaurant operator. 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. The company is headquartered in Los Angeles with offices in Denver.
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