Orderlion, the ordering platform for restaurateurs and suppliers, gets a boost from tecnet equity and Walter Schachermayer. The new shareholders will raise a million euros together with the existing investors in the event of a capital increase.
Orderlion, the online ordering platform for restaurateurs and suppliers founded by Stefan Strohmer and Patrick Schubert in 2017, has won two more investors with tecnet equity and Walter Schachermayer. In the course of a capital increase, the two new investors together with the previous shareholders Christoph Filnkößl, Johannes Cech, Stefan Nagel, Christoph J. Martin and Markus Ladstätter made available one million euros for the further growth and internationalization of Orderlion.
Orderlion has started to permanently change the ordering system in the catering trade. Via the platform, users can place orders ranging from food to beverages to catering equipment. “With our solution, we support restaurants in concentrating on their core business. The hospitality industry is characterized by overtime and long shifts. By automating the ordering process, we save the restaurateurs and suppliers valuable time, which they can profitably invest in personal customer contact, ”says Stefan Strohmer, CEO and Co-Founder of Orderlion.
The platform was designed for all types of catering businesses (café, restaurant, hotel, chain), combines all suppliers and products in one app and enables customer-specific pricing. With little effort, the entire inventory can be recorded and activated for automatic ordering processes.
The system is already established at over 1000 restaurateurs and suppliers in more than 20 cities in Austria, Germany, the Czech Republic, Switzerland and France. In Vienna among others at Swing Kitchen, Le Burger, Klyo and in the Spelunke. For 2020, the start-up has set itself the goal of more than doubling the order volume of the restaurateurs to 100 million euros and promoting internationalization.
For Doris Agneter, Managing Director of tecnet equity, the new investment fulfills many ideal criteria: “Orderlion has excellent founders, clear and proven differentiation, a huge market and a high degree of scalability. The business model was more than successfully validated. Now the focus is on internationalization. ”The second new partner, Walter Schachermayer, emeritus professor of mathematics at the University of Vienna, is particularly impressed by the intelligent solutions that are involved in programming Orderlion software.
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