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Technology start-up Deliverect plans Middle East expansion after $65m funding


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Deliverect, a technology start-up that connects food delivery companies like Deliveroo and Talabat to restaurants through an automated point of sale system, raised $65 million in a funding round to expand into international markets, including the Middle East.
Venture capital firms DST Global Partners and Redpoint Ventures led the fundraising that also saw the participation of the company’s existing investors and its co-founders.
Founded in Ghent, Belgium, in September 2018, Deliverect will use the new funds to “continue scaling and helping customers to go online even faster” by providing them technology to manage digital orders and apps related to delivery and in-house dining, it said. ....

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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. ....

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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. ....

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