# ordr

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ordr-2

- Industry: Software
- Headquarters: Oslo, Norway
- Website: www.ordr.no
- Total disclosed funding: $12M
- Latest round: Series A (Apr 9, 2021)
- Investors on record: 2

## About

Based in Oslo, Norway, ordr provides innovative solutions for enhancing operational efficiency and user experience in various industries through advanced software applications.ordr was founded in 2019 and operates from its headquarters in Oslo, Norway. The company specializes in advanced technological solutions for diverse industries. Founders Andres Rodriguez, Kim Støvner, and Shubham Garg have a history of launching projects that focus on improving business processes. In April 2021, ordr raised EUR 10 million in Series A funding from Idekapital and OpenOcean, bringing the total amount raised to EUR 10 million across two deals.ordr specializes in advanced technological solutions that enhance operational efficiency and user experience across various industries. Their core offerings include a suite of software applications focused on data analytics and workflow automation, first introduced in 2021. These applications assist businesses in streamlining processes, optimizing resource allocation, and providing actionable insights from large datasets. The end users span sectors such as finance, healthcare, and manufacturing, with a client base comprising mid to large-sized enterprises in North America and Europe.In the most recent year, ordr reported a revenue of EUR 2,053,563.20 and an EBITDA of EUR -1,975,507.30. The company generates revenue primarily through subscription-based services and enterprise-level contracts, allowing for predictable revenue streams with ongoing client support and product updates.ordr plans to leverage recent funding from the Series A round in April 2021 to design and launch new products aimed at further enhancing their software offerings. They are targeting expansion into new geographic regions, specifically aiming to enter additional markets in Europe by the end of 2024. The recent funding will support product development, market analysis, and the establishment of a sales presence in these new areas.

## Funding rounds

- Series A, Apr 9, 2021, $12M — OpenOcean, Idekapital

## Investors

- OpenOcean (https://capitalatlas.ai/funds/openocean) — Series A
- Idekapital (https://capitalatlas.ai/funds/idekapital) — Series A