Overview

Deliverect provides a digital food ordering solution for restaurants, helping them manage their online orders more efficiently. The platform integrates with a restaurant's point of sale system, allowing for seamless order processing from various channels. Key features include menu management, which enables restaurants to update their offerings easily, and order consolidation, which combines orders from different sources into one platform. Deliverect also offers data analytics to track sales trends and inform business decisions. Unlike its competitors, Deliverect focuses on enhancing direct-to-consumer sales channels and has successfully helped businesses like One Stop Stores increase their online sales significantly. The goal of Deliverect is to streamline restaurant operations and drive revenue growth through improved online ordering capabilities.

Simplify's Take

What believers are saying

• Deliverect's acquisition of Tabesto enhances in-store experiences with smart ordering kiosks.
• The launch of Pulse boosts restaurant visibility and marketing intelligence across delivery platforms.
• Partnerships with brands like Little Caesars expand Deliverect's global third-party delivery operations.

What critics are saying

• Integration challenges from acquiring Tabesto may disrupt Deliverect's existing operations.
• Increased competition from emerging food tech startups could erode Deliverect's market share.
• Dependence on third-party delivery services exposes Deliverect to partner-related risks.

What makes Deliverect unique

• Deliverect integrates online orders into restaurant POS systems, enhancing operational efficiency.
• The company offers robust APIs and automation tools for seamless third-party management.
• Deliverect's data analytics platform helps restaurants track sales trends and optimize growth.

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Funding

Total Funding

$230.4M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:

Coatue Management

Notable Investors:

Coatue Management

$150,000,000

Series D

Jan 2022

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.

Series D Funding Comparison

Above Average

Industry standards

Ind Avg. $77M

$49M

$50M

$70M

$80M

$100M

$150M

View all funding stages