About Open Tender
Open Tender is a company based in West Palm Beach (United States) founded in 2013 by JC Harrington was acquired by ItsaCheckmate in March 2023.. Open Tender offers products and services including Web & App Ordering, AI Phone Ordering, AI Drive-Thru, Kiosk, and Catering Management. Open Tender operates in a competitive market with competitors including Toast, Olo, Lunchbox, Zenput and UrbanPiper, among others.
- Headquarter West Palm Beach, United States
- Founders JC Harrington
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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 Open Tender Inc.
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Annual Revenue
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
ItsaCheckmate
(Mar 21, 2023)
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Products & Services of Open Tender
Open Tender offers a comprehensive portfolio of products and services, including Web & App Ordering, AI Phone Ordering, AI Drive-Thru, Kiosk, and Catering Management. 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.
Platform for custom restaurant websites and apps
Automates phone orders using AI integration
Enhances drive-thru efficiency with voice AI
Customizable kiosks for restaurant ordering
Tools for handling large-scale catering orders
Funding Insights of Open Tender
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Open Tender
Open Tender has secured backing from 1 investor. Prominent investors backing the company include ItsaCheckmate. 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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Online ordering solutions are integrated into restaurant POS systems.
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Open Tender
| 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 - Open Tender
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Open Tender Comparisons
Competitors of Open Tender
Open Tender 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 |
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| domain | founded_year | HQ Location |
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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| 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 |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Open Tender
Frequently Asked Questions about Open Tender
When was Open Tender founded?
Open Tender was founded in 2013.
Where is Open Tender located?
Open Tender is headquartered in West Palm Beach, United States. It is registered at West Palm Beach, Florida, United States.
What does Open Tender do?
An open-source platform was established in 2013 in West Palm Beach, United States, for the food service industry. Digital ordering and guest engagement tools are supplied, with customization available for websites, mobile apps, and kiosks. Operations include web-based ordering systems, mobile solutions, payment processing integration, order routing to in-house POS setups, and kitchen display integrations.
Who are the top competitors of Open Tender?
Open Tender's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does Open Tender offer?
Open Tender offers Web & App Ordering, AI Phone Ordering, AI Drive-Thru, Kiosk, and Catering Management.
Who are Open Tender's investors?
Open Tender has 1 investor. Key investors include ItsaCheckmate.