Innovorder

SoftwareSeries AParis, Franceinnovorder.fr

Latest round

Series A

Last raised

Jun 2019

Total raised

$13M

Investors

7

About Innovorder

Founded in 2014 in Paris, France, Innovorder offers technology solutions tailored for the food service sector. The company has not undergone any major business pivots or changes, and it operates independently without subsidiaries. Innovorder was co-founded by Jérôme Varnier and Romain Melloul, with Jérôme Varnier currently serving as the CEO.Innovorder specializes in providing an all-in-one ecosystem tailored for the commercial and collective food service sectors, emphasizing efficiency and profitability in restaurant operations. The company's core offerings include self-service kiosks, online ordering systems, AI-driven solutions like Scan Click & Serve, connected refrigerators, comprehensive point-of-sale systems, automatic bill acceptors, and electronic wallets. These products facilitate seamless order management and payment processing, enhancing the customer experience in settings such as fast food outlets, food courts, franchises, dark kitchens, and more.Innovorder generates revenue through a structured model that includes subscriptions and partnerships with various food service establishments. Clients typically pay for the implementation and ongoing use of Innovorder's technology solutions, involving initial setup fees and recurring subscription charges tailored to specific products utilized like their flagship point-of-sale systems and online ordering platforms.Looking ahead, Innovorder plans to develop new products aimed at further enhancing its offerings within the food service sector. The company intends to expand into additional markets throughout Europe and beyond, with specific targets set for 2024.

Who invested in Innovorder

7 investors across 2 rounds

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Funding rounds

  1. Series A

    Jun 20, 2019

    Amount

    $11M

    Investors

    Locked

  2. Series A

    Sep 18, 2017

    Amount

    $2.1M

    Investors

    Locked

Questions about Innovorder

Who invested in Innovorder?

Innovorder has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Innovorder raised?

Innovorder has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Innovorder last raise money?

Innovorder's most recent round on record is a Series A, in Jun 2019.

What does Innovorder do?

Founded in 2014 in Paris, France, Innovorder offers technology solutions tailored for the food service sector.

Where is Innovorder headquartered?

Innovorder is headquartered in Paris, France.

Which VCs invest in companies like Innovorder?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Innovorder's stage. Their profiles are linked below.

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