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Ordermark

Ordermark

A company that has created software so that restaurants can manage their online orders. It was founded in 2017 and is located in Los Angeles, California.

Contents
Product
Timeline
Funding rounds
Products
People
Further reading
Documentaries, videos and podcasts
Companies
News
References

Ordermark is a company that participated in the Class 122 - Boulder 2018 Q1 cohort of Techstars and raised an estimated $3,100,000.Its stated mission is to offer products and services that help restaurants adapt to changing consumer trends and technology.

Product

The company offers a software as a service that is a platform for managing the online ordering portion of a restaurant. It allows for orders from over 100 third-party ordering platforms to be streamlined into Ordermark. The company also offers hardware consisting of a tablet, stand, and a printer as a point of sale system that can be used in conjunction with the software.

The feature known as Orders provides the aforementioned task of combining online orders from various third parties into the Ordermark hardware that was provided. The Sync feature creates one universal menu so that the restaurant's menu will be the same across all third-party sites. Another feature is Reach, which connects the restaurant with third-party marketplaces to expand its customer reach. Its last feature is called Insights and it provides data and tools to analyze trends in the restaurant's business.

Timeline

October 27, 2020
Ordermark raises a $120,000,000 series C round from Act One Ventures and SoftBank Vision Fund.
October 2020
Ordermark raises a $120,000,000 series C round from SoftBank Vision Fund.
July 2020
Ordermark partners with Kiwibot delivery.

The company partners with the startup Kiwibot, a robot delivery service for college campuses.

March 2020
Ordermark adds 1,000 new restaurants to its platform.
July 30, 2019
Ordermark raises a $18,000,000 series B round from Act One Ventures, Nosara Capital, Mucker Capital, Vertical Venture Partners, Foundry Group and TenOneTen Ventures.
July 29, 2019
Ordermark raised $18 million in a new round of funding.

All of Ordermark's previous investors came back to provide additional capital for the company's new funding, including: TenOneTen Ventures, Vertical Venture Partners, Mucker Capital, Act One Ventures and Nosara Capital, which led the Series A funding.

September 17, 2018
Ordermark raises a $9,500,000 series A round from RiverPark Ventures, Act One Ventures, Nosara Capital, Mucker Capital, TenOneTen, Techstars Ventures, Vertical Venture Partners, Matchstick Ventures, AARD Capital and TenOneTen Ventures.
March 6, 2018
Ordermark raises a $3,100,000 seed round from Act One Ventures, TenOneTen Ventures and Mucker Capital.
June 17, 2017
Ordermark raises a $775,000 angel round.
2017
Ordermark was founded by Paul Allen, Alex Canter and Michael Jacobs.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
‌
Ordermark Series A round
Series A round
9,500,000
September 17, 2018
Nosara Capital
Vertical Venture Partners
Techstars Ventures
RiverPark Ventures
Matchstick Ventures
TenOneTen Ventures
Mucker Capital
Act One Ventures
‌
AARD Capital
Nosara Capital
Vertical Venture Partners
Techstars Ventures
RiverPark Ventures
Matchstick Ventures
‌
TenOneTen
Mucker Capital
Act One Ventures
‌
AARD Capital
‌
Ordermark Series B round
Series B round
18,000,000
July 30, 2019
Foundry Group
TenOneTen Ventures
Mucker Capital
Act One Ventures
Vertical Venture Partners
Nosara Capital
Foundry Group
TenOneTen Ventures
Vertical Venture Partners
Mucker Capital
Act One Ventures
Nosara Capital
‌
Ordermark seed round
‌
Seed round
3,100,000
March 6, 2018
TenOneTen Ventures
Act One Ventures
Mucker Capital
‌
Ordermark angel round
‌
Angel round
775,000
June 17, 2017
‌
Ordermark Series C round, October 2020
‌
Series C round
120,000,000
October 27, 2020
SoftBank Vision Fund
Act One Ventures
‌
OrderMark, Inc. funding round, November 2020
119,999,999
November 2020
‌
Ordermark Series C round October 2020
‌
Series C round
120,000,000
October 2020
SoftBank Vision Fund
7 Results
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People

Name
Role
LinkedIn

Alex Canter

Founder

Alex Ko

Employee

Argu Arkan

Employee

Atlanta Marie Harris

Employee

Charles Damiani

Employee

Gustavo Salas

Employee

lauren courtney

Employee

Lindsey Kampmeier

Employee

Macy Walp

Employee

Mark Ferrer

Employee

Michael Jacobs

Founder

Natty Zola

Investor

Paul Allen

Founder

Peter Cohn

Attorney

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
The Weekly Notable Startup Funding Report: 11/2/20 - AlleyWatch
AlleyWatch
November 1, 2020
AlleyWatch
The Pulse of New York Tech
Kiwibot delivery robots head to San Jose with new partners Shopify and Ordermark
Kirsten Korosec
July 21, 2020
TechCrunch
Kiwibot, the delivery robot startup that got its start shuttling burritos and snacks to students on the University of California-Berkeley campus, is expanding to San Jose with a new business model and partners Shopify and Ordermark. About 25 Kiwibots will begin today delivering food and goods to customers in downtown San Jose and Buena Vista, [...]
Restaurants using the Odermark order management service now get special deals from Uber Eats
Jonathan Shieber
November 6, 2019
TechCrunch
In a new deal tying Uber Eats closer to the Los Angeles-based delivery management service, Ordermark, the companies are offering special discounts to restaurants that use the service. Uber Eats is giving all Ordermark restaurants a preferred fee rate, waiving the upfront set-up fee, and fully eliminating the need for the Uber eats tablet in [...]
Thank millennials for this: smaller restaurants in your future
USA TODAY
August 21, 2019
USA TODAY
Future restaurants will be smaller, and "ghost" kitchens will be more common, to handle the onslaught of online orders from mobile apps, say experts.
Ordermark, the online-delivery order management service for restaurants, raises $18 million
Jonathan Shieber
July 29, 2019
TechCrunch
Los Angeles-based Ordermark, the online delivery management service for restaurants founded by the scion of the famous, family-owned Canter's Deli, said it has raised $18 million in a new round of funding. The round was led by Boulder-based Foundry Group. All of Ordermark's previous investors came back to provide additional capital for the company's new [...]

References

ordermark.com
Is a
Company

Company attributes

Industry
Software
Management
Restaurant
Point of sale
Grocery store
Delivery (commerce)
‌
Online food ordering
Location
Los Angeles
Culver City, California
Company status
Active
B2X
‌
D2C
CEO
Alex Canter
Founder
Paul Allen (entrepreneur)
Alex Canter
‌
Michael Jacobs (entrepreneur)
Crunchbase
crunchbase.com/organiz...rdermark
Legal name
OrderMark, Inc.
Accelerator
Techstars
Accelerator Batch
‌
Techstars Class 122 - Boulder 2018 Q1
Date incorporated
2017
Number of Employees (ranges)
50–99
Full address
12045 East Waterfront Dr, 3rd floor Los Angeles, CA 90094
CIK number
1,709,480
Investors
Foundry Group
TenOneTen Ventures
Vertical Venture Partners
Founded date
2017
Email address
support@ordermark.com
Phone number
833-673-3762
Total funding amount (USD)
391,374,999
Latest funding round date
November 2020
Competitors
Zomato
Grubhub
Postmates
DoorDash
UberEATS
ChowNow
Swiggy
Deliverect
Business model
Transaction processing / marketplace

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