About Deliverect
Deliverect is a company based in Ghent (Belgium) founded in 2018 by Jerome Laredo, Jelte Vrijhoef, and Zhong Xu.. Deliverect has raised $294.04 million across 5 funding rounds from investors including Alkeon Capital Management, Coatue and OMERS Ventures. The company has 80 employees as of December 31, 2021. Deliverect has completed 2 acquisitions, including ChatFood and Tabesto. Deliverect operates in a competitive market with competitors including Toast, Olo, Lunchbox, Zenput and UrbanPiper, among others.
- Headquarter Ghent, Belgium
- Employees 80 as on 31 Dec, 2021
- Founders Jerome Laredo, Jelte Vrijhoef, Zhong Xu
- Stage Unicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Deliverect
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Annual Revenue
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Net Profit
$-24.73 M (USD)-262as on Dec 31, 2021
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EBITDA
$-24.9 M (USD)-262as on Dec 31, 2021
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Total Equity Funding
$294.04 M (USD)
in 5 rounds
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Latest Funding Round
$208 M (USD), Series D
Jan 24, 2022
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Investors
Alkeon Capital Management
& 7 more
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Employee Count
80
as on Dec 31, 2021
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Investments & Acquisitions
ChatFood
& 1 more
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Funding Insights of Deliverect
Deliverect has successfully raised a total of $294.04M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $208 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $208.0M
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First Round
First Round
(04 Sep 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series D - Deliverect | Valuation | Coatue , Alkeon Capital Management | |
| Apr, 2021 | Amount | Series C - Deliverect | Valuation | DST Global , Redpoint Ventures | |
| Apr, 2020 | Amount | Series B - Deliverect | Valuation | OMERS |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Deliverect
Deliverect has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Alkeon Capital Management, Coatue and OMERS Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of an investment platform for various stages
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Founded Year | Domain | Location | |
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VC fund focused on equity markets
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Founded Year | Domain | Location | |
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Early-stage technology-driven companies are targeted for venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Deliverect
Deliverect has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ChatFood and Tabesto. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online ordering solutions for restaurants are provided via multiple platforms.
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2018 | ||||
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Ordering terminals for restaurants are offered via a digital platform.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Deliverect
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deliverect Comparisons
Competitors of Deliverect
Deliverect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toast, Olo, Lunchbox, Zenput and UrbanPiper, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Restaurant operations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Online ordering solutions are provided for restaurants.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Delivery channels management software is provided for restaurants.
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| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Deliverect
Frequently Asked Questions about Deliverect
When was Deliverect founded?
Deliverect was founded in 2018.
Where is Deliverect located?
Deliverect is headquartered in Ghent, Belgium. It is registered at Ghent, East Flanders, Belgium.
Who is the current CEO of Deliverect?
Zhong Xu is the current CEO of Deliverect. They have also founded this company.
Is Deliverect a funded company?
Deliverect is a funded company, having raised a total of $294.04M across 5 funding rounds to date. The company's 1st funding round was a Series B of $17.61M, raised on Sep 04, 2018.
How many employees does Deliverect have?
As of Dec 31, 2021, the latest employee count at Deliverect is 80.
What does Deliverect do?
Deliverect was founded in 2018 and is headquartered in Ghent, Belgium. Operations focus on the restaurant sector through SaaS platforms for online ordering. Integration with point-of-sale systems is supported, along with features such as order management, menu management, business reporting, inventory tracking, and multi-location capabilities. The solutions enable streamlined digital operations for food service businesses across various geographies.
Who are the top competitors of Deliverect?
Deliverect's top competitors include Toast, UrbanPiper and SpotOn.
How many acquisitions has Deliverect made?
Who are Deliverect's investors?
Deliverect has 8 investors. Key investors include Alkeon Capital Management, Coatue, OMERS Ventures, Newion, and DST Global Partners.
What is Deliverect's valuation?
The valuation of Deliverect is $1.4B as of Jan 2022.