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Deliverect

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Deliverect
Private
ISIN🆔
Industry
Founded 📆2018; 6 years ago (2018) in Ghent, Belgium
Founder 👔
Headquarters 🏙️,
Area served 🗺️
Worldwide
Key people
  • Zhong Xu
  • Jan Hollez
  • Jelte Vrijhoef
  • Jérôme Laredo
Members
Number of employees
476
🌐 Websitedeliverect.com
📇 Address
📞 telephone

Deliverect is a Belgium based B2B Software as a Service (SaaS) company that creates digital ordering and delivery software for restaurants.[1] The company's platform integrates orders from online food delivery platforms with a restaurant's existing point-of-sale (POS) system to allow restaurant's to accept orders from multiple channels. The technology employs a combination of APIs and cloud-based infrastructure.

History[edit]

Deliverect was founded in 2018 by Jan Hollez, Zhong Xu, Jelte Vrijhoef, and Jerome Laredo. The company's first product was software that consolidated orders from food delivery platforms into a single view.

As of August 2023, Deliverect has developed over 400 integrations ranging from point-of-sale systems,[2] menu and inventory management, q-commerce, fulfillment and delivery platform solutions. These include Toast,[3] Square, Uber Eats, DoorDash and Grubhub.[4]

The company has raised funds from Redpoint Ventures,[5] OMERS Ventures,[6] Coatue Management, DST Global, SmartFin Capital, Newion Investments[7] and private investors.

In January 2022, Deliverect completed it's series D funding round with a valuation over 1 billion dollars.[8][9]

In January 2023, Tesco brand One Stop announced it would be expanding its online delivery using Deliverect software.[10][11]

On May 10th, 2023, Deliverect announced that it had acquired ChatFood,[12][13] a software solution focused in social media ordering, order and pay at table, and loyalty.

On September 15th, 2023 Deliverect and Uber announced a partnership where Deliverect will preferentially route deliveries via Uber Direct's delivery service.[14]

On January 17th, 2024 Little Caesars announced they would be partnering with Deliverect to help integrate and scale its global third-party delivery operations.[15]

References[edit]

  1. "Deliverect Closes $18 Million Funding Round, Aims to Become "Global Gateway for Online Food Ordering and Delivery"". 2020-05-04. Retrieved 2024-02-07.
  2. "Brink POS, Deliverect integration aims to ease online order management". www.qsrweb.com. 2021-04-01. Retrieved 2023-08-22.
  3. "Deliverect integrates with Toast". www.qsrweb.com. 2023-01-20. Retrieved 2023-08-20.
  4. "Grubhub teams with Deliverect, integrates delivery orders into POS systems". Restaurant Dive. Retrieved 2023-08-22.
  5. Burroughs, Callum. "We got an exclusive look at the pitch deck delivery payments startup Deliverect used to raise $65 million". Business Insider. Retrieved 2023-08-27.
  6. "OMERS Ventures reinvests in Deliverect as part of $150 million USD Series D round | BetaKit". 2022-01-25. Retrieved 2023-08-27.
  7. "Deliverect, the 'Adyen of food delivery services' raises €3M of fresh funding and wants to transform the restaurant industry | Silicon Canals". 2019-04-02. Retrieved 2023-08-27.
  8. Lunden, Ingrid (2022-01-24). "Deliverect raises $150M at a $1.4B+ valuation to streamline online and offline food orders". TechCrunch. Retrieved 2023-08-20.
  9. "Deliverect Seeks $1.4 Billion Valuation in Funding Round". Bloomberg.com. 2022-01-21. Retrieved 2023-08-25.
  10. "Retailer to introduce self-service check-outs, home delivery & reduced delivery times". Yahoo News. 2023-01-24. Retrieved 2023-08-22.
  11. Leader2022-11-10T11:17:00+00:00, Alice. "One Stop to double online range with new home delivery tech". The Grocer. Retrieved 2023-08-22.
  12. "Deliverect acquires ChatFood, offers dine-in ordering". Restaurant Dive. Retrieved 2023-08-16.
  13. "Deliverect acquires ChatFood expanding its digital food ordering solutions offering to include social media and QR ordering". Tech.eu. 2023-05-10. Retrieved 2023-08-20.
  14. "Uber in delivery deal with restaurant software provider Deliverect". Reuters. 2023-09-15. Retrieved 2023-10-25.
  15. Signarovitz, Beth (2024-01-31). "Little Caesars Taps Deliverect to Scale Global Delivery Operations". Food On Demand. Retrieved 2024-02-07.



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