Fundraising Fox

Deliverect

Unicorn · $1.4B

Founded 2018 · 446 employees on LinkedIn · 8 known investors

Deliverect operates a platform designed to support the food service and restaurant industry worldwide, facilitating growth and digital operations through integration with major food delivery and point-of-sale partners.

Also known as Deliverect · Deliverect NV

Founders & leadership

Deliverect was founded in 2018 by Zhong Xu and Jerome Laredo.

ZXZhong Xu
Zhong Xuin𝕏Co-Founder & CEOZhong Xu is co-founder and CEO of Deliverect, which provides a platform integrating food delivery and point-of-sale systems for the restaurant and food service industry. He previously co-founded Lightspeed Restaurant and served as global director of hospitality product at Lightspeed, co-founded and led the iPad-based hospitality POS company POSIOS (acquired by Lightspeed in 2014), and built cloud and mobile software at EVS and Siruna.
JLJerome Laredo
Jerome LaredoinCo-founder and PresidentJerome Laredo is the founder of Deliverect, a platform that helps restaurants and food service businesses manage digital operations through integrations with food delivery and point-of-sale partners. His background is in senior executive and go-to-market roles across software, SaaS, digital media, fintech, and point-of-sale technologies.

Investors · 8

Also in the syndicate · 2

Alkeon Capital Managementleadcompany founders

Valuation · disclosed

Disclosed events
$1.4Bvaluation at Series DJan 2022
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Deliverect is a software company serving restaurants, food service operators and retail brands with omnichannel digital ordering and order-management technology. Its API-first platform consolidates online orders from third-party delivery marketplaces such as Uber Eats, DoorDash, Deliveroo and Just Eat, and routes them into a restaurant's point-of-sale and kitchen systems, removing manual re-entry across tablets. Coverage spans delivery, dine-in, takeout, drive-thru and catering.

The product range includes Deliverect Restaurants for centralized order and menu management with sales and performance reporting; the Delivery Manager App for consolidating incoming orders; Sentinel, which monitors store status across platforms and automatically reopens stores that go offline; Deliverect Direct for direct-to-consumer ordering through web and social channels; Dispatch, which aggregates third-party and owner-operated delivery fleets to select a last-mile partner per order; and a Courier App for managing an in-house driver fleet. Following the 2023 acquisition of ChatFood, the company also offers social media ordering and QR-code based dine-in ordering and payment (Deliverect Order & Pay).

Business model

Deliverect operates as a SaaS provider, selling platform and product subscriptions to food service and retail businesses that use its integrations with delivery marketplaces, POS systems and last-mile logistics providers.

Software-as-a-service for restaurant and retail operators, spanning order and menu management, direct ordering, and dispatch/last-mile products.

Traction

Company-reported figures include 1.5 billion cumulative orders processed, 80,000 locations served, 65 countries covered and more than 1,000 integrations. Enterprise references include Little Caesars, which uses the platform to centralize menu and order management for a roughly 4,000-location pizza chain via its Pizza Portal.

Latest developments

In May 2023 Deliverect acquired ChatFood, adding social media ordering, order-and-pay-at-table and loyalty capabilities, with ChatFood's co-founders joining the company; the resulting Deliverect Social Media Ordering and Deliverect Order & Pay products were slated for global rollout. The current platform is marketed around agentic and AI-assisted operations, direct ordering, store-status monitoring (Sentinel) and last-mile aggregation (Dispatch).

Full profile — market position, technology, go-to-market, geography, history

Market position

The company states its platform powers a mid-single-digit percentage of food delivery worldwide excluding China, has processed more than 1.5 billion orders and serves 80,000 locations in 65 countries. At the time of the ChatFood acquisition in May 2023, the combined businesses served over 43,000 restaurants and food service businesses across 42 markets and powered more than 300 million orders.

Positions itself as a single omnichannel platform covering first-party digital channels, third-party marketplace optimization and last-mile fulfillment, backed by a large catalogue of prebuilt integrations rather than point solutions for individual channels.

Technology

An API-first, cloud platform with over 1,000 out-of-the-box integrations to delivery channels, POS systems and logistics partners, described by the company as AI-powered and agentic, covering order ingestion, menu synchronization, store-status monitoring and last-mile dispatch.

Go-to-market

Direct sales to restaurant and retail operators, supported by enterprise partnerships with large chains and an integration ecosystem spanning delivery marketplaces, POS vendors and logistics providers; self-service onboarding is offered through the website.

Restaurants of all sizes, food service establishments and retail brands, including large chains and enterprise food brands such as Little Caesars, Taco Bell, Burger King and Unilever.

Geography

Available in 65 countries, with localized websites for Australia, Belgium, Canada, France, Germany, Italy, LATAM, Mexico, the Middle East, the Netherlands, the Nordics, Portugal, Spain, Switzerland, the United Kingdom and the United States. The ChatFood acquisition strengthened its presence in the Gulf region.

History

Founded in 2018 by Zhong Xu and Jerome Laredo, the company grew into a global SaaS provider integrating online orders for restaurants. In May 2023 it acquired ChatFood, extending its offering from delivery integration into dine-in QR, social and direct ordering channels, and expanded its product portfolio to include direct commerce, store monitoring and last-mile dispatch tools.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average customer revenue increaseJan 202225%
Average decrease in order failuresJan 202280%
Average delivery time via DispatchJan 202529 minutes
Countries availableJan 202565
Cumulative gross merchandise valueApr 2021$1B
Cumulative orders processedJan 2022approaching 100 million
EmployeesJan 2022400 people
HeadcountAug 2026446
IntegrationsJan 2022500 integrations
Integrations available out of the boxJan 20251,000 integrations
Locations servedJan 202580,000 locations
Markets servedMay 202342 markets
OfficesJan 202213 offices
Orders powered (cumulative, combined with ChatFood)May 2023300,000,000 orders
Orders powered (Deliverect and ChatFood combined)May 2023300,000,000 orders

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 10

by search overlap
Toast683 shared keywordsToast provides a restaurant management platform combining point-of-sale hardware (Flex POS, Toast Go 3 handheld) with software tools for online ordering, payroll, and other operations. It serves restaurants and restaurateurs across the food service industry.
DoorDash661 shared keywordsDoorDash operates a restaurant delivery platform that connects customers with dining establishments across hundreds of cities in North America through a logistics network.
Uber Eats564 shared keywordsEasiest way for consumers and businesses to order food from favorite local eateries
Square540 shared keywordsSquare is a financial services platform that provides point-of-sale systems, payment processing, payroll management, and cash flow tools for small and medium-sized businesses. The platform integrates with hundreds of third-party applications to help merchants manage operations across online and offline channels.
Grubhub475 shared keywordsChicago-based online food ordering and delivery platform, formerly NYSE-listed, now owned by Marc Lore's Wonder Group.
Postmates451 shared keywords<UNKNOWN>
Uber442 shared keywordsUber operates a multi-sided platform providing ride-sharing, food delivery, freight logistics, and business fleet management services across various global markets.
Clover Network304 shared keywordsClover offers a point-of-sale system and software platform designed for small businesses in restaurants, retail, and service industries, featuring integrated payment processing, online ordering, inventory management, and staff scheduling capabilities.
TouchBistro Inc. (Exited)303 shared keywordsTouchBistro is an all-in-one POS and restaurant management system that provides restaurateurs with payment processing, online ordering, reservations, and related tools. The platform helps restaurant operators increase sales, improve guest experiences, and reduce operational costs.
Chowbus279 shared keywordsChowbus provides technology solutions designed for restaurants, with current focus on U.S.-based establishments.

Companies competing with Deliverect for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 7

launches, deals, and filings
May 2023
Deliverect acquires ChatFood

Deliverect acquired ChatFood, a provider of social media ordering, order-and-pay-at-table and loyalty solutions with strength in the Gulf region and more than 3,000 food service locations. ChatFood co-founders Benjamin Mouflard and Vini Rodrigues remained with Deliverect. The deal added Deliverect Social Media Ordering and Deliverect Order & Pay to the product range, rolling out globally over subsequent months.

source ↗

May 2023
Deliverect Social Media Ordering and Deliverect Order & Pay introduced

Following the ChatFood acquisition, Deliverect announced social media ordering and QR-based dine-in ordering and payment products, to be made available globally on a rolling basis.

source ↗

May 2023
Acquired ChatFood

Deliverect acquired ChatFood, a provider of social media ordering, order-and-pay-at-table and loyalty solutions with strength in the Gulf region and more than 3,000 food service locations. ChatFood co-founders Benjamin Mouflard and Vini Rodrigues remained with Deliverect.

source ↗

May 2023
Deliverect Social Media Ordering and Deliverect Order & Pay

Following the ChatFood acquisition, Deliverect announced Social Media Ordering and Order & Pay (QR-code menus, ordering, bill management and payment), to be made available globally on a rolling basis.

source ↗

Jan 2022
$150 million Series D at $1.4B+ valuation

Deliverect raised more than $150 million in a Series D led by Coatue Management and Alkeon Capital Management, with OMERS Ventures, DST Global, Redpoint Ventures, Newion and Smartfin participating, crossing a $1 billion valuation and reaching unicorn status.

$150M source ↗

Apr 2021
$65 million Series C

Deliverect announced a $65 million Series C from DST Global and Redpoint Ventures, with existing investors OMERS, Newion, Smartfin and the co-founders participating, to fund R&D, US growth and expansion into Latin America and the Middle East.

$65M source ↗

Apr 2020
Raised €16.25 million led by OMERS Ventures

Deliverect announced a €16.25 million funding round led by OMERS Ventures, with existing investors Newion, Smartfin and the founders participating; proceeds earmarked for customer support, engineering, integrations and expansion outside Europe.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Deliverect do?
Deliverect is a SaaS platform that connects restaurants and retailers to delivery marketplaces, POS systems and direct ordering channels.
Who founded Deliverect?
Deliverect was founded by Zhong Xu, Jerome Laredo in 2018.
Who are Deliverect's investors?
Deliverect's investors include Alkeon Innovation, Coatue Management, Newion, OMERS Ventures, Redpoint Ventures, SmartFin.