About Olo
Olo is a company based in Hayward (United States) founded in 2014 was acquired by Olo in February 2022. It operates as a API-as-a-Product, and Professional Services. Olo has raised $22.3 million across 5 funding rounds from investors including Olo, The Coca-Cola and Performance Food Group. The company has 47 employees as of December 31, 2022. Olo offers products and services including Omnivore API, Online Ordering, and Direct Delivery. Olo operates in a competitive market with competitors including Toast, Zenput, Revel Systems, UrbanPiper and Tillster, among others.
- Headquarter Hayward, United States
- Employees 47 as on 31 Dec, 2022
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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 Omnivore Technologies, Inc.
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Products & Services of Olo
Olo offers a comprehensive portfolio of products and services, including Omnivore API, Online Ordering, and Direct Delivery. 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.
API integration for POS systems is provided efficiently.
Online ordering solutions are offered for restaurant brands.
Direct delivery services are facilitated for restaurant operations.
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Funding Insights of Olo
Olo has successfully raised a total of $22.3M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 thousand completed in April 2021. 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 Debt – Conventional — $150,000
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First Round
First Round
(07 Jun 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2021 | Amount | Debt – Conventional - Olo | Valuation |
investors |
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| May, 2020 | Amount | Angel Round - Olo | Valuation | Chris Sullivan , Lowry Baldwin |
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| May, 2019 | Amount | Series A - Olo | Valuation |
investors |
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| 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 Olo
Olo has secured backing from 7 investors, including angel and institutional investors. Prominent investors backing the company include Olo, The Coca-Cola and Performance Food Group. 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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Non-alcoholic sparkling and still beverages are manufactured and distributed globally.
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Founded Year | Domain | Location | |
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Food products are distributed worldwide by Performance Food Group.
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Founded Year | Domain | Location | |
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Olo is recognized as a restaurant technology platform provider.
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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 Olo
| 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 |
Financial Statements - Olo
| 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 |
Olo Comparisons
Competitors of Olo
Olo 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, Zenput, Revel Systems, UrbanPiper and Tillster, 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 |
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| domain | founded_year | HQ Location |
Restaurant operations are managed via a cloud-based platform.
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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 |
Cloud-based point-of-sale solutions are offered for restaurants and bars.
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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 |
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| 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 Olo
Frequently Asked Questions about Olo
When was Olo founded?
Olo was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Olo located?
Olo is headquartered in Hayward, United States. It is registered at Hayward, California, United States.
Is Olo a funded company?
Olo is a funded company, having raised a total of $22.3M across 5 funding rounds to date. The company's 1st funding round was a Series A of $856.03K, raised on Jun 07, 2018.
How many employees does Olo have?
As of Dec 31, 2022, the latest employee count at Olo is 47.
What does Olo do?
Olo is engaged in delivering technology solutions for the restaurant industry through its Omnivore API. The company focuses on seamless integration with various point-of-sale (POS) systems, enabling faster time-to-market for technology companies and app developers. Solutions are provided to eliminate costly direct integrations, supporting restaurant brands in expanding their customer base. Additionally, services like online ordering, direct delivery, and marketplace delivery are offered to streamline operations and improve guest experiences across the hospitality sector.
Who are the top competitors of Olo?
Olo's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does Olo offer?
Olo offers Omnivore API, Online Ordering, and Direct Delivery.
Who are Olo's investors?
Olo has 7 investors. Key investors include Olo, The Coca-Cola, Performance Food Group, Chris Sullivan, and Lowry Baldwin.
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