Ordergroove
About
Ordergroove is a subscription-based e-commerce platform for retailers and direct-to-consumer brands.
- New York,New York,United States
- 51 - 100
- http://www.ordergroove.com
Details
- Last Funding Type
- Private Equity（PE）
- Last Funding Money Raised
- $100M
- Industries
- Artificial Intelligence,B2B,E-Commerce,Enterprise Software,Subscription Service
- Founded date
- Jan 1, 2010
- Number Of Employee
- 51 - 100
- Operating Status
- Active
- Legal Name
- Ordergroove, Inc.
Ordergroove is a subscription-based e-commerce platform for retailers and direct-to-consumer brands. Its AI-enabled Relationship Commerce Cloud transforms the businesses of enterprises and emerging brands and retailers from one-time transactions to recurring revenue streams. Subscriptions, memberships, predictive reordering, and other frictionless experiences are available. The platform is independent of a client's existing systems and is fully omnichannel ready, with live POS in 100+ eCommerce sites and over 5,000 stores, as well as new commerce channels such as SMS and voice. Client results consistently show a significant increase in consumer annual spending and LTV, with > 60% incrementality visible within 6 months of consumer enrollment.
The company is headquartered in New York City.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 10, 2022 | Private Equity（PE） | $100M | 1 |
Primus Capital Partners
|
— | Detail |
| Jan 17, 2017 | Series C | $20M | 1 |
National Securities Corporation
|
— | Detail |
| Jan 1, 2013 | Debt Financing | $3M | 1 | — | — | Detail |
| Nov 6, 2012 | Series B | $7M | 7 | — | — | Detail |
| Feb 26, 2010 | Series A | — | 1 | — | — | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Feb 2, 2021
Huddle 01
|
Grant | $1.80M | Blockchain | — |
|
Dec 8, 2020
Ethereum Push Notification Service
|
Seed | $1.41M | Blockchain | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Primus Capital Partners
|
Yes | Private Equity（PE） |
|
National Securities Corporation
|
Yes | Series C |
Western Technology Investment
|
— | Debt Financing |
Allegro Venture Partners
|
— | Series B |
Bee Partners
|
— | Series B |
Lerer Hippeau
|
— | Series B |
Mark Wachen
|
— | Series B |
Raul Vazquez
|
— | Series B |
Stage One Capital
|
— | Series B |
SWaN & Legend Venture Partners
|
— | Series B |
Employee Profiles
