INNOVORDER COMPLETED A €10M SERIES A WITH ALTO INVEST, EVOLEM, FJ LABS AND HISTORICAL INVESTORS

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SOFTWARE & SAAS

JULY 2019

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PRIVATE PLACEMENT

Founded by Jérôme Varnier, Romain Melloul and Olivier Loverde, Innovorder is the leading full-stack platform to digitalize the restaurant industry. The start-up has immediately faced a thrilling success among restaurants, convincing 600+ clients operating 17,000 points of sales in only 24 months.

 

Thanks to a complete and API-first solution (ordering, payment, kitchen display, loyalty and business intelligence), Innovorder delivers outstanding ROI to its clients (+20% revenues, +25% productivity gains and x1.3 repeat business) including Elior, Sodexo, Courtepaille and Bagel Corner.

 

This Series A will allow Innovorder to consolidate the actual team with 50+ new hires (mostly R&D, Sales and Operations), strengthen its international footprint launching new European countries, and quickly reach €100m+ in revenues.

 

Founder and CEO Jérôme Varnier said: “The restaurant industry is facing a change or disappear challenge. Mass catering and restaurant chains now need to be very agile to adapt to new customer expectations. That’s what our solution allows them to do”.

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