Nigeria-based foodtech startup Orda raises $3.4M to digitise African restaurants
Orda, a Nigeria-based restaurant cloud operating system provider has secured a $3.4 million seed investment to further digitise food businesses across the continent.
- Founded by Guy Futi, Fikayo Akinwale, Mark Edomwande, Kunle Ogungbamila, and Namir El-Khouri in 2020, Orda’s vision is to help small-sized African restaurants optimise their business and achieve sustainable growth.
- Through its products, Orda enables many African restaurants to optimise their business operations and scale distribution. Its products and services include kitchen display systems, order and inventory management, integrations with leading food aggregators (e.g. Glovo, Bolt Food, Chowdeck, Jise, Wabi2b, etc.), accounting software, microsites, mobile apps and soon to come – lending.
- The two-year-old startup raised $1.1 million in pre-seed funding this January, bringing its total funding raised this year to $4.5 million.
- Since its first fundraising announcement in January, Orda has grown its customer base to more than 600 restaurants across Nigeria and Kenya.
- It is now processing over 500% more weekly orders for its customers. This growth, the company says, is due to an obsession with helping small and medium-sized restaurants run their businesses better.
- With the latest fundraise, Orda has vertical expansion in sight as it looks to improve its payments, credit and lending solutions, helping customers unlock even more value from their businesses.
