TECH ROUNDUP: DOORDASH LAUNCHES RESTAURANT ACCELERATOR, TOAST EYES IPO

This week in restaurant tech: DoorDash and Yelp look to better equip restaurants and Toast could be the next tech company to go public. DoorDash launches program for minority-owned restaurants. The Main Street Strong Accelerator is intended to help businesses owned by women, immigrants and people of color that have been disproportionally hurt by the pandemic. …

Denver-based ‘virtual kitchen’ concept enters Memphis market

Geoff Madding, CEO of Nextbite, defines the concept as a “virtual kitchen.” Madding has a background in restaurants and startups. He combined the two to start Nextbite, which recently entered the Memphis market. The company began as an outgrowth of the tech company Ordermark, which consolidates the ordering process for restaurants using third-party delivery companies …

Alex Canter Talks Ordermark and Nextbite’s $120M War Chest

As the founder of Ordermark and its Nextbite virtual restaurant platform, Alex Canter has become one of the biggest names in the delivery space. Now that SoftBank has invested $120 million in his vision, Canter’s stature is expanding on expectations that one of its delivery-only concepts will perhaps become the next Domino’s Pizza—no pressure. While …

SoftBank Doubles Down on Delivery with $120M Ordermark Investment

SoftBank, the Japanese private equity firm that has been a major backer of DoorDash and Uber, announced a $120-million funding round for L.A.-based Ordermark to help the online order management provider and virtual restaurant operator grow and expand its offerings. “2020 has been a tough year for restaurants and that’s why we’re focused on providing …

Ordermark Unveils New Partnership with Waitr

Ordermark, a leading mobile-order technology service aggregator for restaurants, is announcing a new partnership today with Waitr, a popular on-demand food ordering and delivery company. Restaurants can use the Waitr app to generate more orders and have those orders printed directly in the kitchen via the Ordermark platform, alongside orders from other delivery services. Since …

Your Fare Raises ‘All Angel’ Round of $2.4 Million

Your Fare, one of the handful of service companies helping restaurant operators make sense of digital delivery, announced a successful venture funding round of $2.4 million. Founder and CEO Chris Monk said the company, which started as a basic accounting tool for online delivery services, has evolved into a more robust offering, including a singular …

Restaurants using the Ordermark order management service now get special deals from Uber Eats

In a new deal tying Uber Eats closer to the Los Angeles-based delivery management service Ordermark, the companies are offering special discounts to restaurants that use the service. Uber Eats  is giving all Ordermark restaurants a preferred fee rate, waiving the upfront set-up fee, and fully eliminating the need for the Uber Eats tablet in the restaurant, the companies …

Ordermark integrates with DoorDash Drive to enhance delivery services

Online ordering platform Ordermark has signed an agreement with DoorDash to offer optimised on-demand delivery solutions to its customers. Under the agreement, Ordermark will integrate DoorDash Drive delivery solutions into its platform to enable its restaurants to benefit from the integrated services. This is expected to allow restaurant owners to simplify their operations and support …

Ordermark Partners-Up for Social Media Ordering

The idea of ordering food via social media is gaining more and more traction as messaging platforms gobble up our lives. Huge numbers of consumers live their life on some messaging app or another, be it Slack, Messenger or whatever. Ordermark is sliding right in via a new partnership with Say2eat Messaging. Ordermark CEO Alex …