Nextbite Sells Ordermark to Indian Software Company UrbanPiper

Leading virtual brand company Nextbite has sold its order-management technology platform, Ordermark, to UrbanPiper, a restaurant industry software platform in India.  The news comes amid recent layoffs and just ahead of the official sale of Nextbite to Sam Nazarian, founder of sbe Lifestyle Hospitality and virtual restaurant platform C3.  In an interview with Food On Demand, Alex Canter, Nextbite …

DoorDash’s latest tool allows merchants to download sales data

Dive Brief: Dive Insight: DoorDash’s Reporting API tool was created in response to restaurant feedback, the company wrote in an email to Restaurant Dive. When the platform rolled out its Report Builder feature set in 2022, which allowed merchants to create customized reports, restaurants — particularly multi-unit operators — requested more flexibility to access sales …

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 …