Ritual

company

About

Ritual is an ordering app that taps networks of co-workers & colleagues for fast & easy pick up & pay at local eateries and coffee shops.

Details

Last Funding Type
Series C
Last Funding Money Raised
$70M
Industries
Apps,Coffee,Food and Beverage,Mobile
Founded date
Jan 1, 2014
Number Of Employee
251 - 500
Operating Status
Active
Legal Name
Ritual Technologies Inc.

Ritual is a social ordering app that taps into networks of co-workers and colleagues for fast and easy pick up and pay at a wide variety of local restaurants and coffee shops.

With Ritual, users can mobile order and pay at all their favorite local eateries and coffee shops and have it ready to pick up when they arrive. By also uniquely giving friends and colleagues the ability to add their own food orders onto an existing order, Ritual gives customers the choice of either picking up themselves or having their food brought right to their desk. This ‘social ordering’ saves customers time and drives incremental orders for merchants. The best and busiest quick service restaurants and coffee shops in major cities across North America are using Ritual to give them a competitive, technological edge, driving profitability, and a more personalized way to connect with their customers.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$70M $82.80M
Ritual has raised a total of $70M $82.80M in funding over 2 rounds. Their latest funding was raised on Jun 1, 2020 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 1, 2020 Series C $29.80M 4 Detail
Jun 6, 2018 Series C $70M 4 Georgian Detail
Sep 26, 2017 Series B $53M 5 Insight Partners Detail
Jul 10, 2014 Seed 9 Mantella Venture Partners
Mistral Venture Partners
Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Ritual has made 1 investments. Their most recent investment was on Oct 1, 2012, when Blue Bottle Coffee raised $20M.
Date Company Name
Round Money Raised Industry Lead Investor
Series A $20M Coffee

Investors

Number of Lead Investors
Number of Investors
4
13
Ritual is funded by 13 investors. Insight Partners and Biotech Insight Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Insight Partners Yes Series B
Biotech Insight Ventures Series C
Georgian Series C
Greylock Series C
Mistral Venture Partners Series C
Golden Ventures Series B
Mantella Venture Partners Series B
BrandProject Seed
Devon Galloway Seed
Hedgewood Seed

Employee Profiles

Number of Employee Profiles
6
Ritual has 6 current employee profiles, including Advisor Farhan Thawar
Advisor
Executive
Board member
Executive
Employee

Acquisition

Ritual has acquired 1 organizations. Their most recent acquisition was AllChecked.in on Jul 6, 2021. They acquired AllChecked.in for 0.

Date Company Name
Industry Acquisition Type Price
Jul 6, 2021 AllChecked.in
Software acquisition Detail