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
Locked
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Website
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Social
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- Legal Name Deliverect
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Annual Revenue
Not available
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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.
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.
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Provider of an investment platform for various stages
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VC fund focused on equity markets
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Early-stage technology-driven companies are targeted for venture capital investments.
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Investor details for Deliverect
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Investments & Acquisitions by Deliverect
Deliverect has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ChatFood and Tabesto.
Investment portfolio details for Deliverect
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| 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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Ordering terminals for restaurants are offered via a digital platform.
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Complete acquisition details for Deliverect
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Financial Statements - Deliverect
Detailed financials for Deliverect
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Deliverect Comparisons
Peer comparison for Deliverect
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Restaurant operations are managed via a cloud-based platform.
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Olo is recognized as a restaurant technology platform provider.
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Online ordering solutions are provided for restaurants.
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Zenput is utilized as an operations execution platform for multi-unit operators.
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Delivery channels management software is provided for restaurants.
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SaaS solutions for restaurant online ordering and analytics are offered.
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Detailed competitors of Deliverect
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Latest news on Deliverect
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Frequently Asked Questions about Deliverect
Deliverect was founded in 2018.
Deliverect is headquartered in Ghent, Belgium. It is registered at Ghent, East Flanders, Belgium.
Zhong Xu is the current CEO of Deliverect. They have also founded this company.
Deliverect is a funded company, having raised a total of $294.04M across 5 funding rounds to date.
As of Dec 31, 2021, the latest employee count at Deliverect is 80.
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.
Deliverect's top competitors include Toast, UrbanPiper and SpotOn.
Deliverect has 8 investors. Key investors include Alkeon Capital Management, Coatue, OMERS Ventures, Newion, and DST Global Partners.
The valuation of Deliverect is $1.4B as of Jan 2022.