VF Venture leads €5.4m series-A for OrderYoYo

The round was also backed by Danish venture capital firm Seed Capital, as well as angel investors Preben Damgaard and Jesper Johansen.

With the fresh capital, the company will continue working with smaller takeaway restaurants to do develop their own online ordering systems.

Previous funding
Seed Capital led a seed round for the company in April 2015 and invested again later that year, providing an undisclosed investment in exchange for a minority stake in November. 

The investor returned to lead another DKK 18.5m funding round for OrderYoYo in June 2016.  As part of the deal, Seed Capital managing partner Ulla Brockenhuus-Schack joined the company's board, alongside Navision creator Preben Damgaard and former Secunia and Mofibo chairperson Jesper Johansen – who became chair of OrderYoyo.
 
Company
Founded in 2013 and headquartered in Copenhagen, OrderYoYo develops digital ordering and engagement platforms for takeaway restaurants to handle all their digital orders and customers.

The company currently works with 2,000 restaurants in the UK, Ireland, Denmark, and Germany and claims to have tripled its revenues from 2016 to 2017. It also has operations in London.

People
VF Venture – Jacob Bratting (partner).
OrderYoYo - Thor Angelo (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Early-stage
• Nordics
• Technology
• Support services
• Denmark
• SEED Capital