About Vori
Vori is a company based in Palo Alto (United States) founded in 2015.. Vori has raised $10.15 million across 3 funding rounds from investors including E²JDJ, Factory and Mollie Stone's Market. The company has 19 employees as of December 31, 2022. Vori offers products and services including POS System, Payment Processing, Back Office, Price Changes, and Shopper Engagement. Vori operates in a competitive market with competitors including Zenput, Silo, Ocado Group, Cheetah and ARRYVED, among others.
- Headquarter Palo Alto, United States
- Employees 19 as on 31 Dec, 2022
-
Sectors
RetailAgriculture
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Vori, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$10.15 M (USD)
in 3 rounds
-
Latest Funding Round
$10 M (USD), Series A
Aug 03, 2022
-
Investors
E²JDJ
& 6 more
-
Employee Count
19
as on Dec 31, 2022
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 Vori
Vori offers a comprehensive portfolio of products and services, including POS System, Payment Processing, Back Office, Price Changes, and Shopper Engagement. 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.
Fast and user-friendly system for managing store transactions
Secure handling of various payment forms like EBT
Streamlines supplier integration for ordering workflows
Automates updates to protect margins and reduce errors
Analyzes habits to support loyalty programs
Unlock access to complete
Unlock access to complete
Funding Insights of Vori
Vori has successfully raised a total of $10.15M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in August 2022. 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 3
- Last Round Series A — $10.0M
-
First Round
First Round
(17 Mar 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - Vori | Valuation | FactoryHQ | |
| Aug, 2021 | Amount | Seed - Vori | Valuation | Mollie Stone's Markets |
|
| Mar, 2020 | Amount | Seed - Vori | Valuation | Y Combinator |
|
| 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 Vori
Vori has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include E²JDJ, Factory and Mollie Stone's Market. 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 |
|---|---|---|---|---|
|
Factory is engaged in deep tech investment services.
|
Founded Year | Domain | Location | |
|
Venture capital firm specializing in early-stage tech investments and founder support.
|
Founded Year | Domain | Location | |
|
MKT1 is engaged in providing marketing resources for B2B startups.
|
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 Vori
| 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 - Vori
| 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 |
Vori Comparisons
Competitors of Vori
Vori 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 Zenput, Silo, Ocado Group, Cheetah and ARRYVED, 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 |
Zenput is utilized as an operations execution platform for multi-unit operators.
|
|
| domain | founded_year | HQ Location |
Software suite solutions are provided for food distributor businesses.
|
|
| domain | founded_year | HQ Location |
Software solutions for online grocery fulfillment and operations are provided.
|
|
| domain | founded_year | HQ Location |
Groceries for restaurants are sourced via an online platform.
|
|
| domain | founded_year | HQ Location |
POS solutions are provided for bar and beverage industry.
|
|
| domain | founded_year | HQ Location |
Software suite solutions for retail supply chain are provided.
|
| 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.
|
Latest news on Vori
Frequently Asked Questions about Vori
When was Vori founded?
Vori was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is Vori located?
Vori is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Vori a funded company?
Vori is a funded company, having raised a total of $10.15M across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Mar 17, 2020.
How many employees does Vori have?
As of Dec 31, 2022, the latest employee count at Vori is 19.
What does Vori do?
Vori was founded in 2015 in Palo Alto, United States, as a provider of software platforms for the grocery sector. Solutions including point-of-sale systems, inventory management, and order aggregation are offered to streamline operations. Data across the food supply chain is connected and processed for grocers and suppliers, facilitating efficiency in retail and distribution activities.
Who are the top competitors of Vori?
Vori's top competitors include SPS Commerce, Zenput and Darkstore.
What products or services does Vori offer?
Vori offers POS System, Payment Processing, Back Office, Price Changes, and Shopper Engagement.
Who are Vori's investors?
Vori has 7 investors. Key investors include E²JDJ, Factory, Mollie Stone's Market, Greylock Partners, and MKT1.