Fundz

Orda Raises Millions To Digitize African Restaurants With Its Cloud-Based Operating System

RECENTLY ACQUIREDNov 29, 2022

Round Type

Funding Round

NigeriaSoftwareHospitality

Investors

Far Out VenturesOutside VCEnza CapitalLofty Inc CapitalQuona Capital

Description

Most large restaurant chains across Africa have grown accustomed to using legacy systems and point-of-sale providers to manage operations. However, for smaller restaurants — which represent the biggest segment of this $50 billion industry — these systems can be rather expensive and do not adequately cater to their needs; thus, they stick with running operations manually.

Quick answer

Orda Africa raised an undisclosed amount in a Funding Round round, dated November 29, 2022. Investors: Far Out Ventures, Outside VC, Enza Capital, Lofty Inc Capital and Quona Capital. Orda Africa is based in Nigeria.

How much did Orda Africa raise?
Orda Africa raised an undisclosed amount in a Funding Round round on November 29, 2022.
Who invested in Orda Africa?
Far Out Ventures, Outside VC, Enza Capital, Lofty Inc Capital and Quona Capital are named as investors in this round.
What does Orda Africa do?
Orda Africa is a cloud software provider designed specifically for the restaurant industry.
Where is Orda Africa based and how big is it?
Orda Africa is based in Nigeria.

Source: Fundz verified event record.

Who else raised in Hospitality and Software around the same time

Companies in the same sectors as Orda Africa that raised within 45 days of this round, from Fundz verified event records.

  • CasaPerks raised an undisclosed amount (Funding Round) on November 17, 2022.
  • SKYX Platforms raised $653K on November 9, 2022.
  • Canary Technologies raised $30M (Series B) on October 27, 2022.
  • Canvas raised an undisclosed amount (Series A) on January 13, 2023.
  • Cognota raised an undisclosed amount (Funding Round) on January 13, 2023.
  • Matrix Rental Solutions raised $825K (Seed) on January 13, 2023.

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Company Information

Company

Orda Africa

Location

Nigeria

About

Orda Africa is a cloud software provider designed specifically for the restaurant industry. Founded in 2020, it offers tools that help restaurants manage orders, track inventory, and streamline operations. The platform is aimed at small and independent restaurants to improve efficiency and service quality. Orda's innovative solution addresses the challenges faced by the food service industry.

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Orda Africa raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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