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

Highlights

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

Number of Funding Rounds

Total Funding Amount

5

$130M

Ordergroove has raised a total of $130M in funding over 2 rounds. Their latest funding was raised on Nov 10, 2022 from a Private Equity（PE） round.

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

Number of Investments

Number of Lead Investments

2

0

Ordergroove has made 2 investments. Their most recent investment was on Feb 2, 2021, when Huddle 01 raised $1.80M.

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

Number of Lead Investors

Number of Investors

2

11

Ordergroove is funded by 11 investors. Primus Capital Partners and National Securities Corporation are the most recent 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