Global scale-up that simplifies online ordering, Deliverect has secured more than $150 million (A$208 million) in Series D funding.
With this latest round of funding, Deliverect is investing in engineering and technology advancements, expanding its product portfolio and scaling to serve hundreds of thousands of establishments, which now includes convenience and grocery stores in addition to restaurants.
The platform connects UberEats, Deliveroo, Doordash, Menulog and more delivery companies directly to Australian restaurants such as Hungry Jacks, Red Rooster, Outback Steakhouse, Fishbowl and Pretzel Restaurants.
To better support these customers, Deliverect is also launching a dedicated App Store having received 100 million orders to date and processing 1.5 million orders per week in 2021 alone, a 300% increase in less than one year.
Deliverect officially launched in Australia in August 2021 with the appointment of Jeremy Van Dille as general manager for Australia and New Zealand and currently has 15 full time employees. This is projected to reach 50 by the end of Q2 2022 with expansion into additional Asia Pacific markets.
“As digitisation becomes more popular, we’ve seen how much not only restaurants, but grocery and convenience stores need streamlined online ordering to meet customer satisfaction, especially among Millennials and Generation Z shoppers,” Deliverect co-founder and CEO, Zhong Xu said.
“This funding will advance our efforts to serve everyone in the hospitality community through our App Store and beyond. We’re thrilled for Deliverect’s next phase as the leader in online order automation, especially as so many people prefer the convenience of ready-to-eat food delivery today.”
Founded in 2018, Deliverect’s SaaS platform automates restaurants’ online order flow through a single point, taking delivery, table app or takeout requests from services like Uber Eats, Grubhub, Deliveroo, Doordash, Foodora, Shopify and more and transferring them straight to the kitchen.
Feature image: Deliverect founders (L to R): Zhong Xu (CEO), Jelte Vrijhoef (CIO), Jan Hollez (CTO) and Jerome Laredo (CRO).