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Deliverect Raises $65 Million as it Surpasses 30 Million Orders Processed in the Last Year, Equating to More Than $1B Estimated Order Value

Deliverect Raises $65 Million as it Surpasses 30 Million Orders Processed in the Last Year, Equating to More Than $1B Estimated Order Value April 22, 2021 Ghent, Belgium, April 21, 2021 Today Deliverect, a Belgian scale-up that connects Uber Eats, Deliveroo, Doordash, Just Eat Takeaway.com and more delivery companies directly to restaurants’ POS system, announced it has raised $65 million in a Series C funding round from DST Global Partners and Redpoint Ventures, as well as existing investors OMERS Ventures, Newion and Smartfin. Deliverect’s founders also invested in the round. Founded in September 2018, Deliverect has a deep commitment to helping the food and hospitality industry thrive. The company will use the new capital to continue scaling and helping customers to go online even faster than before by providing them with reliable technology to easily manage digital orders, including delivery, take-out and in-house dining apps.

Deliverect gobbles up $65M for a platform that streamlines online and offline food orders – TechCrunch

Deliverect gobbles up $65M for a platform that streamlines online and offline food orders Restaurants rode a wave of usage of food delivery services like Deliveroo, Uber Eats and DoorDash in the last year, discovering new revenues and ways to connect with diners to offset the fact that in-person trade for many of them had disappeared overnight. But they also discovered something less appetizing: dealing with the mess of apps and hardware that they need to use to manage orders from their various services is a nightmare, worse than a deflated souffle or a botched Beef Wellington. Today, a startup out of Belgium called Deliverect, which has built a platform to manage all of that through one seamless app, is today announcing a big round of funding.

Deliverect gobbles up $65M for a platform that streamlines online and offline food orders

Deliverect gobbles up $65M for a platform that streamlines online and offline food orders
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Today in European Tech: UiPath s IPO, Trendyol nabs $330 million, BlaBlaCar raises $115 million, new EU rules on use of AI, and more

- Turkish e-commerce platform Trendyol has received an additional $330 million investment from existing partner Alibaba in a capital increase. With this injection of capital, Alibaba now holds an 86.5% stake in the company. - UK fintech and pensions provider PensionBee arrived on the London Stock Exchange this morning with its shares priced at 165p, giving it a valuation of £365 million on admission. - French startup BlaBlaCar has raised a new $115 million funding round. While the company is better known for its long distance carpooling marketplace, BlaBlaCar has also added a bus marketplace. - ATAI Life Sciences, a biopharmaceutical company aiming to make psychedelic drugs to treat mental health disorders, announced that it is planning to raise $100 million in an initial public offering. The Berlin-headquartered company, which counts billionaire investor Peter Thiel as one of its main backers, has submitted an S-1 filing to the SEC.

Deliverect raises $65 million as it surpasses 30 million orders processed in the last year, equating to more than $1bn estimated order value

Deliverect raises $65 million as it surpasses 30 million orders processed in the last year, equating to more than $1bn estimated order value USA - English News provided by Share this article GHENT, Belgium, April 21, 2021 /PRNewswire/  Today Deliverect, a Belgian scale-up that connects Uber Eats, Deliveroo, Doordash, Just Eat Takeaway.com and more delivery companies directly to restaurants POS system, announced that it has raised $65 million in a Series C funding round from DST Global Partners and Redpoint Ventures, as well as existing investors OMERS Ventures, Newion and Smartfin. Deliverect s founders also invested in the round. Founded in September 2018, Deliverect has a deep commitment to helping the food and hospitality industry thrive. The company will use the new capital to continue scaling and helping customers to go online even faster than before by providing them with reliable technology to easily manage digital orders, including delivery, take-out and in-house di

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