Ritual runs a mobile ordering and payment app for takeout from local restaurants and coffee shops, mainly aimed at office workers. Users browse menus, order ahead, and pay in-app to pick up without lines; Piggyback lets coworkers add their orders to an existing order, creating a social, workplace-based ordering flow. It earns revenue by charging restaurants a commission on app-ordered sales, and it offers Ritual ONE as a white-label, commission-free ordering option that restaurants can embed on their own websites, plus corporate meal-credit programs. Its goal is to help restaurants grow order volume while giving customers a convenient, no-fee way to order food and support workplace dining initiatives.
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Industries
Company Size
11-50
Company Stage
Late Stage VC
Total Funding
$166.3M
Headquarters
Toronto, Canada
Founded
2014
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Total Funding
$166.3M
Above
Industry Average
Funded Over
5 Rounds
As prospect of recession looms amid rising inflation, Ritual has laid off 23 employees. Toronto-based food ordering and mobile pickup app Ritual has laid off 23 employees to “prepare for a recession.”
Veteran CPO Joins Algolia with a Strong Record of Driving Growth and Culture on a Global Scale. Algolia, the leading API Platform for Search & Discovery, announced the appointment of Lorena Scott as Chief People Officer (CPO) to support employees and enhance Algolia’s strong, inclusive culture as the company enters a new phase of growth, development, and innovation. With more than a decade of people management experience, Lorena has a proven track record of scaling people functions on a global scale
New York State has partnered with Ritual to provide restaurants with a subscription-based online ordering platform for free through the end of March or April 2021, depending on merchant participation.
Toronto-based food ordering and mobile pickup startup Ritual has reportedly raised $29.8 million CAD ($22 million USD) from existing investors.
The partnership will see Ritual offer free access to its 'One' service that makes it easy for restaurants and food services to accept digital orders.
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Industries
Company Size
11-50
Company Stage
Late Stage VC
Total Funding
$166.3M
Headquarters
Toronto, Canada
Founded
2014
Find jobs on Simplify and start your career today
We update Ritual's jobs every few hours, so check again soon!Browse all jobs