StageAcquired | Acquired
orderbird is a restaurant payment service that allows users to order food and drinks directly from smartphones. The company has developed an inexpensive and flexible Point of Sale (POS) and accounting system for restaurants using iPads and iPod Touches. The system allows restaurateurs and other food and drinks businesses to efficiently organize culinary operations, write invoices, and print receipts. The orderbird service is modular and flexibly scalable so can be used by small restaurants at an entry-level and then be adapted to specific needs. The company was founded in 2011 and is based in Berlin, Germany. On May 12th, 2022, orderbird was acquired by Nexi at a valuation between $140M and $150M.
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ESPs containing orderbird
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
These companies focus on brick-and-mortar POS services and solutions. These include card and chip readers, which are often bundled with tablet-based business management solutions. A physical POS system is the hardware and software that lets businesses accept payments from customers in person.
orderbird named as Outperformer among 6 other companies, including QFPay, Mswipe Technologies, and Innoviti Payment Solutions.
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Research containing orderbird
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CB Insights Intelligence Analysts have mentioned orderbird in 2 CB Insights research briefs, most recently on Nov 23, 2022.
Expert Collections containing orderbird
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
orderbird is included in 4 Expert Collections, including Restaurant Tech.
Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
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Latest orderbird News
Aug 29, 2022
The top 5 food tech startups in Germany By It’s no secret that the food startup wave reached Germany some time ago. At the latest with the consequences of the Corona pandemic, food tech companies have accumulated on the market like sand on the sea. In order to keep a constant eye on the situation and innovative business ideas, we at Gründerfreunde are constantly researching to capture the most exciting business ideas for you. This week, you’ll find both young companies and old hands in the food tech sector of the German startup scene. 5 revolutionary food tech startups in Germany Orderbird Funding: $36 million The first candidate in our elaboration is Orderbird. An old hand among startups in the food tech industry. Orderbird’s now established iPad POS system offers a complete mPOS system for bars, restaurants, cafes and other businesses in the foodservice industry. It also offers solutions for billing, order taking, invoice tracking, digital and mobile ordering, real-time data analytics, cashless payment acceptance, reporting, accounting and more. Users* can use the Orderbird card reader for payments with Maestro and credit cards as well as for contactless payments with NFC. An innovative solution that has significantly revolutionized cashless payments in Germany’s hospitality industry. The company was founded in 2011 in Berlin by Jakob Schreyer and has received over $36 million in investments to date. Vytal HQ: Cologne, Germany Funding: $2 million Number two on our list is a comparatively young startup in the industry. The app-based platform VYTAL, specializes in providing smart packaging solutions. The whole thing works like this: Users* purchase a membership at partner restaurants and can order a meal with the reusable trays, or borrow a tray, which they can then return to the partner restaurants. Another notable feature of this startup is that the bowls are 100% leak-proof, BPA-free and microwaveable. An easy check-out option with no deposit fees is also said to be offered. The startup’s app is available for download from both the Apple App Store for iOS devices and the Google Play store for Android devices. Vytal was founded in 2019 by founding team Fabian Barthel, Sven Witthöft and Tim Breker and is headquartered in Cologne, Germany. Foodguide HQ: Hamburg, Germany Funding: $523 thousand Number three in the round is also a mobile app. Food tech startup Foodguide is a mobile app that allows users* to discover restaurants and dishes. The app recommends users* desired dishes and places to stop nearby. In addition, restaurants, cafes and bars in other cities can also be recommended. Foodguide allows its users to upload dishes, comment on them and also rate them. In addition, friends and personalities can be subscribed to discover new exciting eateries and culinary marvels in their respective cities. The app is available for both iOS and Android users. Smunch HQ: Berlin, Germany Funding: $21 million Smunch is a long-established company in this research. Even though the company age exceeds the age limit of a startup, it has still been essential for the food tech startup development of Germany. Especially in the field of corporate meal events. The online company puts together menu plans for companies and delivers them. In plain language, this means that Smunch offers a canteen and office catering service for healthy lunches in companies. Smunch’s special features also include a flexible nutrition plan that delivers dishes from different restaurants directly to the office every day, depending on employees’ tastes and preferences. It also allows companies to manage their employees’ food and snack needs. Smunch’s customers include HubSpot, treatwell and many more. Eatclever HQ: Hamburg, Germany Funding: $288 thousand Eatclever is also one of the already established startups. The company is an internet-based restaurant headquartered in Hamburg, Germany. Eatclever claims to produce freshly prepared meals in cooperation with diet experts. An offer that could be attractive especially for entrepreneurs* with a strict schedule and a healthy diet routine. The product is said to be low in fat and high in protein. The price is also attractive: each meal is said to be between 4 and 9 euros. The company’s kitchens are located in various cities in Germany. These include Düsseldorf, Frankfurt, Hamburg, Cologne, Mainz, Hanover, Wiesbaden, Munich and Lüneburg. So far, Eatclever has received investments of over 288 thousand US dollars and is one of the most well-known food tech startups in Germany. © startupmafia.eu
orderbird Frequently Asked Questions (FAQ)
When was orderbird founded?
orderbird was founded in 2011.
Where is orderbird's headquarters?
orderbird's headquarters is located at Ritterstr. 12-14, Berlin.
What is orderbird's latest funding round?
orderbird's latest funding round is Acquired.
How much did orderbird raise?
orderbird raised a total of $36.42M.
Who are the investors of orderbird?
Investors of orderbird include Nexi, Nets, DIGITAL+ PARTNERS, Carsten Maschmeyer, Makre and 10 more.
Who are orderbird's competitors?
Competitors of orderbird include TouchBistro and 3 more.
Compare orderbird to Competitors
Chowly is a technology company created by restaurant professionals for restaurant professionals, providing innovative solutions to connect restaurant point of sale (POS) platforms with a growing network of third-party online ordering solutions (TOOS). Chowly is constantly growing its services to provide TOOS to POS integration services across a number of point of sale platforms. Based in Chicago, Chowly is centrally located to provide excellent service nationwide.
TouchBistro is an iPad-based restaurant management platform. It offers an integrated payments solution designed to meet the needs and fast pace of the food service industry. The firm was founded in 2011 and is based in Toronto, Canada.
Lemon Way is a pan-European payment institution dedicated to marketplaces, crowdfunding platforms, e-commerce websites, and other companies looking for payment processing, wallet management and third-party payment in a KYC/AML - regulated framework.
Veem is a payment service provider (PSP) for global commerce. The company enables businesses and payment platforms to send and receive payments in local currency by using the blockchain as a settlement rail.
Satispay is a payment platform that enables individuals to pay in affiliated stores both online and offline, exchange money with friends, and set aside small amounts of money. The platform allows businesses to accept payment from customers by integrating their in-store payment applications into their smartphones, tablet, and computers. It offers e-commerce plugins and customized links for online stores. The company was founded in 2013 and is based in Milan, Italy.
Yoco develops a financial platform for small businesses. It offers tools to accept digital payments at both point-of-sale and online through intelligent software and grow through cash advances. It was founded in 2013 and is based in Cape Town, South Africa.
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