Dutch QR-based ordering solution Orderli secures €875K to develop its app

|

|

Last update:

The Netherlands-based Orderli, a startup that offers a digital menu for restaurants, announced on Tuesday, February 7, that it has raised €875K in a fresh round of funding from new and existing investors.

With this, the company’s estimated value has increased by more than fourfold from €1.6M to €9M, as reported by Quote.

Investors supporting Orderli

In 2021, Orderli was accepted into Y Combinator, which at the time contributed $125K for 7 per cent of the company’s shares.

In the current round, Orderli sold around 10 per cent of its shares to Y Combinator, making it one of the larger investors of the company.

The round also saw participation from Graduate Entrepreneur and Swiss Founders Fund, along with Amsterdam-based Coco’s Outback (customer turned investor).

About Orderli

Founded in 2019 by Dorus van den Oord, Maurits Franken, and Sven van der Zee, Orderli helps restaurants, bars, and pubs deal efficiently with menu changes by digitising it and the tableside ordering process. 

Without having to download an app, customers can quickly place their purchase directly by scanning a QR code with their phone’s camera.

Capital utilisation

Orderli says it will use the funds to expand its workforce of 10 people, including the founders. However, the company’s main focus is to develop its app. 

“We are now testing new products with our customers that we will launch soon. We want to make more cash register connections and enter into partnerships,” co-founder Sven van der Zee told Quote in a statement translated from Dutch.

He adds, “We keep growing. Especially now that many businesses are struggling with staff shortages and also facing high costs. They have to earn it back somehow. Our goal is to increase the voucher value (the average turnover per table – ed.). For some customers, this can achieve up to 20 per cent more voucher value.”

Topics:

Follow us:

Vishal Singh

Vishal Singh is a News Reporter and Social Media Marketing Lead at Silicon Canals. He covers developments in the European startup ecosystem and oversees the publication's social media presence. Before joining Silicon Canals, Vishal gained experience at the Indian digital media outlet Inc42, contributing to its growth with insightful content. Despite being a college dropout, his passion for writing has driven his career in journalism.

Featured eventsBrowse events

Current Month

November

12nov6:00 pm8:00 pmLe Wagon Afterwork: Discover the world of Data and AIStart your journey by attending the free workshop in Amsterdam

20nov5:00 pm8:00 pmDutch at Slush | 4TU. (Deep) Tech Drinks

27novAll Day28The 3rd Annual London Climate Technology Show

December

No Events

Share to...