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Olo is a public company based in New York City (United States), founded in 2005 by Noah H Glass. It operates as a SaaS-based digital ordering and delivery platform for restaurant brands. Olo has raised $73.6M in funding from investors like PayPal, Tiger Global Management and Raine. The company has 1738 active competitors, including 142 funded and 45 that have exited. Its top competitors include companies like Toast, SpotOn and Tillster.
Company Details
SaaS-based digital ordering and delivery platform for restaurant brands. It offers an online and mobile ordering system provider in the restaurant industry with POS, payment providers, and loyalty programs integration. It serves as the interface between the restaurant and the on-demand orders, giving multi-location restaurants controlled integrations.
- Website
- www.olo.com/
- Social
Key Metrics
Founded Year
2005
Location
New York City, United States
Stage
Public
Total Funding
$73.6M in 7 rounds
Latest Funding Round
Ranked
3rd among 1738 active competitors
Employee Count
39 as on Dec 31, 2014
Exit Details
Public
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Olo's funding and investors
Filter this listOlo has raised a total funding of $73.6M over 7 rounds. Its first funding round was on 2008.
Olo has 12 institutional investors including PayPal, Tiger Global Management and Raine.
Here is the list of recent funding rounds of Olo:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Nov 04, 2021 | $103M | Post IPO | 8746157 | 8362297 | - |
May 01, 2020 | $3.61M | Series D | 1937647 | 3715938 | - |
Jan 09, 2019 | $18M | Series D | 5710912 | 8140377 |
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Olo's founders and board of directors
Founder? Claim ProfileView details of Olo's Founder profiles and Board Members
Olo's employee count trend
Olo has 39 employees as of Dec 14. Here is Olo's employee count trend over the years:Uncover Olo's growth story! Sign up today!Access Tracxn on any website
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Olo's Competitors and alternates
Top competitors of Olo include Toast, SpotOn and Tillster. Here is the list of Top 10 competitors of Olo, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Toast 2011, Boston (United States), Public | Platform offering multiple restaurant operations management solution | $900M | 81/100 | |
2nd | SpotOn 1999, San Francisco (United States), Series F | Provider of cloud-based POS software solutions for businesses and service providers | $900M | 75/100 | |
3rd | Olo 2005, New York City (United States), Public | SaaS-based digital ordering and delivery platform for restaurant brands | $73.6M | 72/100 | |
4th | Tillster 2006, San Diego (United States), Series C | SaaS-based online ordering, marketing and analytics solution for restaurant | $87.3M | 66/100 | |
5th | Zenput 2011, San Francisco (United States), Acquired | Platform offering software for mobile sales data collection | $47M | 66/100 | |
6th | TouchBistro 2010, Toronto (Canada), Series E | Provider of SaaS based software solutions for restaurants | $321M | 65/100 | |
7th | Odeko 2019, New York City (United States), Series E | Provider of online ordering solution for coffee businesses | $296M | 63/100 | |
8th | MarginEdge 2015, Arlington (United States), Series C | SaaS based restaurant management system | $83.2M | 62/100 | |
9th | Foodics 2014, Riyadh (Saudi Arabia), Series C | Cloud-based suite solutions for restaurants | $198M | 60/100 | |
10th | Provider of software suite solutions for restaurants | $8.35M | 58/100 |
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Olo's Investments and acquisitions
Filter this listOlo has made 1 investments in companies including Vita Mojo. Olo has also acquired 3 companies including Omnivore and Omnivore. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 30, 2022 | Investments | 2015 | London, United Kingdom | |
Feb 23, 2022 | Acquisition | 2014 | Hayward, United States | |
Feb 23, 2022 | Acquisition | 2018 | San Francisco, United States |
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Reports related to Olo
Here is the latest report on Olo's sector:
News related to Olo
Filter this listMedia has covered Olo for a total of 21 events in the last 1 year, 11 of them have been about company updates and 4 about partnerships.
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Tudor Investment Corp ET AL Has $3.64 Million Stock Holdings in Olo Inc. (NYSE:OLO)MarketBeat•May 05, 2025•Olo
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Renaissance Technologies LLC Acquires 174,200 Shares of Olo Inc. (NYSE:OLO)MarketBeat•Apr 18, 2025•Renaissance Technologies, Olo
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Raymond James Financial Inc. Acquires New Holdings in Olo Inc. (NYSE:OLO)MarketBeat•Mar 30, 2025•Raymond James, Olo
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Olo Non-GAAP EPS of $0.06 misses by $0.01, revenue of $76.1M beats by $3.34MSeeking Alpha•Feb 25, 2025•Olo
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