Deliverect
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
EBITDA | (<1m) | (1.5m) | (5.7m) | (20.7m) |
Profit | (<1m) | (1.5m) | (5.8m) | (20.9m) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€50.0k | Support Program | ||
N/A | €650k | Seed | |
€3.0m | Series A | ||
€16.3m | Series B | ||
* | $65.0m | Series C | |
* | $150m Valuation: $1.4b -61.4x EV/LTM EBITDA | Series D | |
Total Funding | €215m |
Recent News about Deliverect
EditDeliverect is a technology startup that provides a comprehensive solution for digital food ordering. It operates in the food service market, serving over 43,000 restaurants globally. The company's platform offers a range of features designed to streamline operations and drive revenue growth for its clients. These include robust APIs, direct-to-consumer sales channels, automation tools, and third-party management.
The platform's key features include menu management, which allows restaurants to easily update and scale their offerings across multiple channels. It also offers order consolidation, which aggregates orders from various channels into one platform, boosting efficiency. Additionally, Deliverect provides data analytics to help restaurants track sales trends and make informed decisions to drive growth.
Deliverect's business model is centered around integrating online orders into a restaurant's point of sale system. The company has processed over 400 million orders to date and over 2.5 million orders per week in 2022 alone, marking a 260% increase in less than a year. This indicates a strong demand for its services.
The company also helps businesses expand their direct-to-consumer channels by connecting them with reliable, cost-efficient fulfillment partners. For instance, Deliverect helped One Stop Stores, a UK convenience store chain, streamline its on-demand delivery operations across over 600 stores, driving a 70% increase in online sales.
In summary, Deliverect is a rapidly growing startup that provides a comprehensive digital food ordering solution, helping restaurants streamline operations, drive revenue growth, and expand their direct-to-consumer channels.
Keywords: Digital Food Ordering, Menu Management, Order Consolidation, Data Analytics, Point of Sale Integration, Direct-to-Consumer Channels, Automation Tools, Third-Party Management, Online Sales Growth, On-Demand Delivery.