About Innovorder
Innovorder is a company based in Paris (France) founded in 2014 by Olivier Loverde, Jerome Varnier, and Romain MELLOUL. It operates as a SaaS (Software-as-a-Service), and Managed Services. Innovorder has raised $12.41 million across 2 funding rounds from investors including Bpifrance, FJ Labs and INOCAP Gestion. Innovorder offers products and services including Borne de Commande, Commande en Ligne, Caisse Enregistreuse, and IA Scan Plateau. Innovorder operates in a competitive market with competitors including Toast, SpotOn, Tillster, Olo and Zenput, among others.
- Headquarter Paris, France
- Founders Olivier Loverde, Jerome Varnier, Romain MELLOUL
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Innovorder Sas
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$12.41 M (USD)
in 2 rounds
-
Latest Funding Round
$11.28 M (USD), Series A
Jul 04, 2019
-
Investors
Bpifrance
& 6 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Innovorder
Innovorder offers a comprehensive portfolio of products and services, including Borne de Commande, Commande en Ligne, Caisse Enregistreuse, and IA Scan Plateau. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Order taking is simplified through digital kiosks for restaurants.
Online ordering is facilitated to increase restaurant order volume.
Business activity is managed efficiently with digital cash registers.
Queue waiting is reduced using AI-integrated payment scanning.
Unlock access to complete
Funding Insights of Innovorder
Innovorder has successfully raised a total of $12.41M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11.28 million completed in July 2019. 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 2
- Last Round Series A — $11.3M
-
First Round
First Round
(11 Feb 2016)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Series A - Innovorder | Valuation | Eiffel Investment Group , EVOLEM | |
| Feb, 2016 | Amount | Seed - Innovorder | Valuation | Kreaxi , Bpifrance |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Innovorder
Innovorder has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Bpifrance, FJ Labs and INOCAP Gestion. 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 |
|---|---|---|---|---|
|
Private equity and private debt firm focused on multiple sector
|
Founded Year | Domain | Location | |
|
Investment, business support, startup acceleration, property assistance, and philanthropy services are provided by Evolem.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Innovorder
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Innovorder
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Innovorder Comparisons
Competitors of Innovorder
Innovorder 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, SpotOn, Tillster, Olo and Zenput, 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.
|
|
| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
|
|
| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
|
|
| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
|
|
| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
|
|
| domain | founded_year | HQ Location |
Delivery channels management software is provided for restaurants.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Innovorder
When was Innovorder founded?
Innovorder was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Innovorder located?
Innovorder is headquartered in Paris, France.
Who is the current CEO of Innovorder?
Jerome Varnier is the current CEO of Innovorder. They have also founded this company.
Is Innovorder a funded company?
Innovorder is a funded company, having raised a total of $12.41M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.13M, raised on Feb 11, 2016.
What does Innovorder do?
Innovorder is engaged in delivering digital solutions tailored for the restaurant industry. Comprehensive tools for order management, payment processing, and customer engagement are offered. Sectors such as fast food, food courts, franchises, and collective catering are served. An all-in-one ecosystem including digital kiosks, online ordering, cash registers, and AI-driven tools is provided to enhance productivity and customer experience. Operational efficiency is improved through backoffice management, loyalty programs, and analytics for performance tracking. Custom integrations and developer APIs are supported to meet specific business needs in commercial and collective restauration environments.
Who are the top competitors of Innovorder?
Innovorder's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does Innovorder offer?
Innovorder offers Borne de Commande, Commande en Ligne, Caisse Enregistreuse, and IA Scan Plateau.
Who are Innovorder's investors?
Innovorder has 7 investors. Key investors include Bpifrance, FJ Labs, INOCAP Gestion, Eiffel Investment Group, and Evolem.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.