About Vendor IQ
Vendor IQ is a Consumer company based in Washington (United States) founded in 2014, and was acquired by Dining Alliance in October 2015. Procurement management solutions are provided for restaurants by Vendor IQ. Its focus areas include Food and Agriculture Tech, Food Tech, Technology Enablers and Restaurants. Its competitors include SpotOn, Tillster and Olo; 3 of its 3 listed competitors have raised funding.
Company details
Vendor IQ was founded in 2014 as a provider of procurement management solutions tailored to the restaurant industry. Operations focus on streamlining vendor sourcing, inventory tracking, and cost optimization for food service businesses. Services encompass software platforms that facilitate order management and supplier compliance. The company serves clients in the hospitality sector, with its domain registered as getvendoriq.com, though specific geographic operations remain unspecified.
- Headquarters Washington, United States
- Stage Acquired
- SectorsConsumer
- Website getvendoriq.com
- Social X Facebook
- Acquired by Dining Alliance (Oct 2015)
- Investors
- Acquired byDining Alliance
(Oct 2015)
Investors in Vendor IQ
Vendor IQ has secured backing from 1 investor. Prominent investors backing the company include Dining Alliance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Free buying group for restaurants to earn cashback on supplies and services. | 1998 | diningalliance.com | Waltham, United States |
Investor details for Vendor IQ
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Timeline of Vendor IQ
2 dated milestones of Vendor IQ across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Vendor IQ is founded.
- Exit Acquired by Dining Alliance.
Competitors of Vendor IQ
Vendor IQ has 3 listed competitors in our database, 3 of them funded. They include SpotOn, Tillster and Olo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spoton.com | 1999 | San Francisco, United States | $900M | 1,355 | Provider of cloud-based POS software solutions for businesses and service providers | |
| tillster.com | 2006 | San Diego, United States | $154.82M | SaaS solutions for restaurant online ordering and analytics are offered. | ||
| olo.com | 2005 | New York, United States | $73.61M | 39 | Olo is recognized as a restaurant technology platform provider. |
Detailed competitors of Vendor IQ
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Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Vendor IQ (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 |
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Frequently Asked Questions about Vendor IQ
Vendor IQ was founded in 2014.
Vendor IQ is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
Vendor IQ was founded in 2014 as a provider of procurement management solutions tailored to the restaurant industry. Operations focus on streamlining vendor sourcing, inventory tracking, and cost optimization for food service businesses. Services encompass software platforms that facilitate order management and supplier compliance. The company serves clients in the hospitality sector, with its domain registered as getvendoriq.com, though specific geographic operations remain unspecified.
Vendor IQ has 1 investor. Key investors include Dining Alliance.
Yes. Vendor IQ was acquired by Dining Alliance in October 2015.