Deliverect Valuation, Funding & Investors

Deliverect is valued at $1.4B as of January 2022.

Last Deliverect valuation

$1.4B

Series D · Jan 2022

Last Deliverect funding round

$150M

Series D · Jan 2022

Cumulative funding Deliverect raised

$237M

across 5 funding rounds

Key investors in Deliverect

  • Newion
  • SmartFin
  • OMERS Ventures
  • DST Global
  • Redpoint
  • Coatue

Deliverect Overview

About Deliverect

Deliverect is a Ghent-headquartered SaaS platform that integrates online ordering channels like Uber Eats, Deliveroo, and DoorDash with restaurant POS systems. The service automates order syncing to kitchen printers, reducing manual entry errors by 90 percent. Founded in 2018, Deliverect serves 20,000 locations in 30 countries including Europe, Middle East, and Australia, with offices in London and Sydney.


Founded

2018

HQ

BelgiumGhent

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$1.4B (Jan 2022)

Deliverect Valuation

Deliverect is currently valued at $1.4B, based on its Series D in January 2022.

The $150M round was led by Alkeon Capital and Coatue, with participation from Redpoint, SmartFin, OMERS Ventures, Newion and DST Global.

Deliverect valuation by funding round

Deliverect valuation by funding round
DateStageValuation
Jan 2022Series D$1.4B

Deliverect Funding History

Deliverect has raised a total of $237M across 5 funding rounds.

Deliverect's first fundraising round was a $800K seed round in July 2018. The most recent completed round was a $150M Series D in January 2022.

Deliverect funding rounds

Deliverect funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2022Series DAlkeon Capital (lead); Coatue (lead); Redpoint; SmartFin; OMERS Ventures; Newion; DST Global$150M$1.4BDeliverect, a Ghent, Belgium-based software company founded in 2018, integrates online orders from delivery platforms like Uber Eats, Deliveroo, DoorDash, and Glovo directly into restaurants' point-of-sale systems, simplifying operations for over 20,000 locations across 40 markets at the time of the round. The platform automates order flow, reduces staff workload, and supports expansion into convenience and grocery stores beyond restaurants. By January 2022, it had processed nearly 100 million orders total, with 1.5 million orders per week in 2021, marking a 300% year-over-year increase from 2020. On January 24-25, 2022, Deliverect raised over $150 million (€130 million) in a Series D funding round, bringing total funding to $240 million. The round was co-led by Alkeon Capital and Coatue, with participation from existing investors OMERS Ventures, DST Global, Redpoint Ventures, Newion, and Smartfin. This funding marked the company's first disclosed valuation at over $1.4 billion, achieving unicorn status. Proceeds were allocated to engineering and technology advancements, product portfolio expansion including a dedicated app store for partner integrations, hiring, and geographic scaling, particularly in North America where growth was fastest despite Europe being the largest market. The round followed a $65 million Series C in April 2021 and reflected tripled growth and valuation since then, with locations doubling in under a year. Deliverect's traction included partnerships with major aggregators like Grubhub, and its omni-channel platform positioned it as a backbone for the on-demand ordering economy amid rising digitization in hospitality. Investors highlighted the team's expertise and the platform's potential across new markets and use cases, with speculation on possible IPO preparations.
Apr 2021Series CDST Global (lead); Jerome Laredo; Jelte Vrijhoef; SmartFin; Jan Hollez; OMERS Ventures; Newion; Zhong Xu$65M-Deliverect, a Belgian-founded foodtech company established in 2018, provides software that connects delivery platforms like Uber Eats, Deliveroo, DoorDash, and Just Eat Takeaway directly to restaurants' point-of-sale (POS) systems, automating online order management for delivery, takeaway, and in-house dining. By April 2021, it operated across 30 markets, serving over 10,000 cloud kitchens, dark kitchens, and restaurant chains, with a team expanded to 200 employees in locations including Ghent, London, Madrid, Toronto, New York, Dubai, Paris, Edinburgh, Mexico City, and Amersfoort. In April 2021, Deliverect raised $65 million in a Series C funding round co-led by DST Global Partners and Redpoint Ventures, with participation from existing investors OMERS Ventures, Newion, Smartfin, and the founders (Zhong Xu, Jan Hollez, Jelte Vrijhoef, Jerome Laredo). This brought total funding to approximately $90 million following a prior Series B of about $18-19 million in April 2020. The funds were earmarked for R&D, product development, US market strengthening, and international expansion to help hospitality businesses pivot to online ordering amid COVID-19 and support post-reopening growth. Around the funding announcement on April 20-21, 2021, Deliverect reported processing 30 million orders across its markets, equating to more than $1 billion in estimated order value or gross merchandise value (GMV), with weekly orders averaging over 1 million—a 750% year-over-year increase from April 2020. Sources noted this growth provided customers an average 25% revenue increase. The platform handled a 300% order volume rise in under a year by late 2021 context. A follow-on Series D round in January 2022 raised over $150 million led by Coatue and Alkeon Capital, with OMERS Ventures, DST Global, Redpoint Ventures, Newion, and Smartfin participating, achieving a post-money valuation over $1.4 billion (unicorn status) and total funding of $240 million. By then, orders approached 100 million across 40 markets, expanding to convenience and grocery stores with a new App Store launch. In 2021, it processed 100 million orders total, with 1.5 million weekly at peak.
Apr 2020Series BOMERS Ventures (lead); SmartFin; Newion$18M-Deliverect raised €16.25 million (approximately $17.8 million USD) in its Series B funding round on April 29, 2020, led by OMERS Ventures, with participation from existing investors Newion, Smartfin, and the company's founders. The Belgian startup provides software that integrates online food delivery orders from platforms like Uber Eats and Deliveroo directly into restaurants' POS systems, streamlining order management for the hospitality industry. At the time, Deliverect had a team of 50 people across Ghent, London, Madrid, Toronto, and New York. The funding was intended to support further R&D and product development, solidify its position in Europe, and pursue international expansion. OMERS Ventures Managing Partner Jambu Palaniappan joined the Deliverect board following the investment. The round capitalized on the growing demand for online delivery infrastructure amid the COVID-19 crisis, positioning Deliverect as critical technology for restaurants pivoting to digital channels.
Apr 2019Series ANewion (lead); SmartFin$3M-Deliverect raised €3 million in a funding round from Newion Investments and SmartFin. The company provides SaaS technology connecting third-party online delivery platforms such as Uber Eats, Takeaway.com, and Foodora to restaurant point-of-sale systems, simplifying online order management.
Jul 2018Seed-$800K--

Who has invested in Deliverect?

11 investors have backed Deliverect across its funding rounds, including Newion, SmartFin, OMERS Ventures, DST Global, Redpoint and Coatue.

Lead investors include Alkeon Capital, Coatue, DST Global, OMERS Ventures and Newion.


Deliverect Investors

Investors in Deliverect by funding rounds participated
InvestorHQRoundsRoleFirst check
SmartFinBelgiumBrussels4ParticipantApr 2019
NewionNetherlandsAmsterdam4LeadApr 2019
OMERS VenturesCanadaToronto3LeadApr 2020
DST GlobalCayman IslandsGeorge Town2LeadApr 2021
Jerome LaredoUnited KingdomLondon1ParticipantApr 2021
RedpointUnited StatesSan Francisco, CA1ParticipantJan 2022
Jelte VrijhoefNetherlandsNetherlands1ParticipantApr 2021
Jan HollezBelgiumBelgium1ParticipantApr 2021
CoatueUnited StatesNew York City, NY1LeadJan 2022

This data is available for Pro users. Sign up to see all 11 Deliverect investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Acquisitions by Deliverect

Deliverect has acquired 2 companies to date.

Last acquisition by Deliverect was on December 3rd 2024. Deliverect acquired Tabesto for undisclosed valuation.


Latest Acquisitions by Deliverect

Tabesto
ChatFood
Description
Tabesto is a French foodtech company providing interactive touch-screen tablets for restaurants to handle ordering, billing, and customer interactions. Headquartered in Lille, it equips tables with devices that display menus, process payments, and integrate loyalty programs, reducing wait times and staff workload. Deployed in over 3,000 locations across France and Belgium since its founding in 2013, the system supports multilingual interfaces and real-time kitchen updates.
-
HQ CountryFranceUnited Arab Emirates
HQ City
Paris
-
Deal Date3 Dec 202410 May 2023
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Deliverect acquisitions and their M&A valuation multiples.

Start Free Trial

Deliverect Competitors

Deliverect competitors include listed companies like Agilysys and Shiji Group, and private ones like Lunchbox Technologies, StoreHub, Restaurant365 and Owner.

Public and private companies comparable to Deliverect
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AgilysysUnited StatesUnited StatesPublicly listed$319M$57M$2.9B8.1x
Shiji GroupChinaChinaPublicly listed$416M$21M$3.1B6.2x
Lunchbox TechnologiesUnited StatesNew York City, NYPrivate$15M-$275M18.3x
StoreHubMalaysiaPetaling JayaPrivate--$138M-
Restaurant365United StatesUnited StatesPrivate$100M-$1B10.0x
OwnerUnited StatesSan Francisco, CAPrivate$100M-$2.3B23.0x

Deliverect Public Comps

Deliverect is still privately-owned, but its public comps include EverCommerce, Lightspeed Commerce, Nayax, Playtech, Rategain Travel Technologies, Tsuburaya Fields Holdings, NCR Voyix, Sabre, Shiprocket and LES Info.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
EverCommerce$589M$128M3.0x2.9x13.7x9.5x
Lightspeed Commerce$1.2B($13M)0.7x0.7x(65.4x)11.0x
Nayax$400M$66M4.2x3.5x25.4x21.5x
Playtech$879M($27M)1.8x1.7x(58.7x)5.5x
Rategain Travel Technologies$190M$34M6.0x4.5x33.5x22.4x
Tsuburaya Fields Holdings$1.1B$126M0.9x0.8x7.8x7.0x
NCR Voyix$2.7B$252M0.8x1.0x8.9x5.2x
Sabre$2.8B$315M1.7x1.6x14.6x8.2x

This data is available for Pro users. Sign up to see all Deliverect competitors and their valuation data.

Start Free Trial

Common questions about Deliverect

When was Deliverect founded?Deliverect was founded in 2018.
Where is Deliverect headquartered?Deliverect is headquartered in Ghent, Belgium.
Is Deliverect publicly listed?No, Deliverect is a private, VC-backed company.
What is Deliverect's valuation?Deliverect was last valued at $1.4B in its Series D in January 2022.
How much funding has Deliverect raised?Deliverect has raised $237M across 5 funding rounds.
What was Deliverect's last funding round?Deliverect's last funding round was a $150M Series D in January 2022, led by Alkeon Capital and Coatue.
Who are Deliverect's investors?Deliverect's investors include SmartFin, Newion, OMERS Ventures, DST Global, Jerome Laredo, Redpoint, Jelte Vrijhoef, Jan Hollez, Coatue, Zhong Xu and 1 other.
Which companies are comparable to Deliverect?Companies comparable to Deliverect include Agilysys, Shiji Group, Lunchbox Technologies, StoreHub, Restaurant365 and Owner.
How many companies has Deliverect acquired?Deliverect has acquired 2 companies, including Tabesto and ChatFood.

See companies similar to Deliverect

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial