Innovorder, a French restaurant technology company, raised 20 million EUR in a funding round led by UL Invest, the family office of Laurent Useldinger. The transaction combines a capital increase with the partial buyout of shares held by existing investors. Evolem, which first invested in 2019, remains a shareholder following the operation. The new capital will support product development, expansion across European markets, AI initiatives, potential acquisitions, and strengthening the company’s position in commercial and contract catering.
About Innovorder
French restaurant technology company specialising in the digitalisation of restaurant operations. It develops cloud-based software and digital solutions for restaurant operators across commercial and contract catering. Its all-in-one SaaS platform supports order management, payment processing, kitchen operations, business management, customer loyalty, and AI-powered reporting.
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Read Company ProfileFrequently Asked Questions
What type of funding round did Innovorder raise?
Innovorder raised a unspecified round.
How much did Innovorder raise in its unspecified?
Innovorder raised $20,000,000 EUR in its unspecified.
Who invested in Innovorder's unspecified?
The investors in Innovorder's unspecified are: UL Invest, Evolem.
What type of investment was Innovorder's unspecified?
Innovorder's unspecified was a equity investment.
How will Innovorder use the funds from its unspecified?
Innovorder plans to use the funds for: European expansion, product development, AI initiatives, acquisition strategy, strengthening position in commercial and contract catering.