About SimpleOrder
SimpleOrder is a Technology company based in Tel Aviv (Israel) founded in 2012, and was acquired by Upserve in July 2018. Inventory management system for restaurants. It operates in the Technology, Consumer, and Travel & Hospitality sectors. SimpleOrder has raised $3.5 million across 2 funding rounds from investors including Upserve, Ibex Investors and OLXTOTO. The company was acqui-hired. Its focus areas include Food and Agriculture Tech, Food Tech, Technology Enablers and Restaurants.
Company details
SimpleOrder was founded in 2012 in Tel Aviv, Israel, as a platform focused on inventory management within the restaurant sector. Automated deductions from stock levels occur with each dish sale, while real-time food and menu costing is supported. Online purchasing and vendor management are integrated, alongside connections to accounting and POS systems. A supplier-side tool is also offered for handling orders, payments, and ERP integrations.
- Headquarters Tel Aviv, Israel
- Stage Acquired
- SectorsTechnologyConsumer Travel & Hospitality
- Website simpleorder.com
- Social LinkedIn
- Acquired by Upserve (Jul 2018)
Funding Insights of SimpleOrder
SimpleOrder has successfully raised a total of $3.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.75 million completed in October 2016. 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 $3.5M
- Total Rounds 2
- Last Round Series A — $2.75M
- First Round $750,000
(Jan 2015)
- Investors Count 3
All 2 funding rounds of SimpleOrder with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | $2.75M | Series A | – | Ibex Investors, Food Lab Capital | |
| Jan 2015 | $750,000 | Seed | – | – |
4 investors in total: 4 institutional.
Investors in SimpleOrder
SimpleOrder has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Upserve, Ibex Investors and OLXTOTO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward early-stage startups by Ibex Investors. | ibexinvestors.com | Denver, United States | ||
OLXTOTO is recognized as an official online slot gaming platform. | foodlabcapital.com | |||
| cyrusvp.com | ||||
Cloud-based payment processing and analytics are offered to retailers. | 2009 | upserve.com | Providence, United States |
Investor details for SimpleOrder
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of SimpleOrder
4 dated milestones of SimpleOrder across 6 years, from founding to its latest funding, stage changes and deals.
- Founded SimpleOrder is founded.
- Funding First funding round of $750K.
- Funding Latest funding round, Series A, of $2.8M.
- Exit Acquired by Upserve.
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Frequently Asked Questions about SimpleOrder
SimpleOrder was founded in 2012 and raised its 1st funding round 3 years after it was founded.
SimpleOrder is headquartered in Tel Aviv, Israel.
SimpleOrder is a funded company, having raised a total of $3.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $750K, raised on Jan 2015.
SimpleOrder was founded in 2012 in Tel Aviv, Israel, as a platform focused on inventory management within the restaurant sector. Automated deductions from stock levels occur with each dish sale, while real-time food and menu costing is supported. Online purchasing and vendor management are integrated, alongside connections to accounting and POS systems. A supplier-side tool is also offered for handling orders, payments, and ERP integrations.
SimpleOrder has 4 investors. Key investors include Upserve, Ibex Investors, OLXTOTO, and Cyrus Venture Partners.
Yes. SimpleOrder was acquired by Upserve in July 2018.