Seed Capital leads DKK 18.5m seed round for OrderYoyo

The round follows two previous rounds of undisclosed sizes for OrderYoyo. As part of the deal, Seed Capital managing partner Ulla Brockenhuus-Schack will join the company's board, alongside Navision creator Preben Damgaard and former Secunia and Mofibo chairperson Jesper Johansen – who will become chair of OrderYoyo.

Equity for the investment was drawn from Seed Capital III, a DKK 819m venture fund that held its final close in April.

Previous funding
Seed Capital first backed OrderYoyo in mid-2015 and invested in a second round for the company in November of the same year.

Company
Headquartered in Northwest Copenhagen, OrderYoyo is a developer of tailored online and app-based ordering software for the food service industry.

The company has 650 clients in Denmark and employs a staff of 45.

People
Seed Capital – Ulla Brockenhuus-Schack (managing partner).
OrderYoyo – Thor Angelo (founder, CEO).

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• Topics
• Early-stage
• Nordics
• Technology
• Denmark
• SEED Capital
• Venture