Orda Raises Millions To Digitize African Restaurants With Its Cloud-Based Operating System
Nov 29, 2022•almost 3 years ago
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers