Startup · $145.7m raised
Digital ordering, payments and reconciliation platform for Australia's wholesale food and beverage trade
Sydney, NSW
Every investor coverage indicates participated in a round Ordermentum raised.
| Investor | Rounds | Invested |
|---|---|---|
| Aditum Ventures | Unnamed stage | - |
| Bosco Tan | Unnamed stage | - |
| Damon Pezaro | Unnamed stage | - |
| David Gordon | Unnamed stage · Unnamed stage | - |
| Five V Capital | Unnamed stage · Unnamed stage | - |
| Matt Rockman | Unnamed stage · Unnamed stage | - |
| Microequities Asset Management | Unnamed stage | - |
| NAOS Asset Management | Unnamed stage | - |
| Perennial Private Ventures Fund | Unnamed stage | - |
| Pure Asset Management | Unnamed stage · Unnamed stage | - |
| Touch Ventures | Unnamed stage | - |
Investors whose own portfolio pages list Ordermentum, even though we haven't found any coverage of the round yet.
Every published round Ordermentum took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Ordermentum has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Ordermentum, as distinct from the investments it has made.
Companies Ordermentum has backed that another company then bought. An exit for the holding, not a deal Ordermentum did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Ordermentum is recorded as having been acquired. | ||||
Companies Ordermentum acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Foodbomb | Acquisition | 20 Sep 2023 | - | Startup Daily, SmartCompany, Forbes Australia |
Stories naming Ordermentum. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney food-and-beverage ordering platform Ordermentum raised $55 million led by Five V Capital, valuing it above $150 million, with some early investors partially exiting.
Sydney-based hospitality software company Ordermentum has banked $55m in a Five V Capital deal valuing it above $150m, letting earlier backers sell down; the piece revisits its Foodbomb merger and the investor's other deals.
Roundup of three trans-Tasman raises: Ordermentum landed $55m from Five V Capital, defence-tech firm Arkeus closed $25m, and music platform Lume gathered NZ$1.3m from well-known backers before its launch.
Also Startup Daily
EVP says its fifth fund is live and nearing its $100 million cap, with most commitments from returning backers; the post describes its Series A business-software strategy and names portfolio companies.
ASX-listed venture fund Touch Ventures is parting with chief executive Hein Vogel; the piece recalls its 2021 $100 million listing, heavy write-offs on PlanPay and Till Payments, and Basiq's sale to Cuscal.
Also Startup Daily
Hospitality tech firm Ordermentum bought marketplace Foodbomb and closed a $16m round with existing and new backers, valuing the combined group above $100m.
Sydney courier firm Drive Yello and cafe ordering app Hey You have combined as 4You Innovation, aiming to raise funds next year; the piece also recalls past raises and recent collapses among delivery startups.
Also Startup Daily
A weekly roundup detailing nine startup funding rounds totalling $39.6 million, spanning cybersecurity, medtech, healthtech, hospitality, retail media, accessibility, clean energy and agtech ventures.
Hospitality ordering platform Ordermentum, cofounded by Adam Theobald, raised $6.2 million in July, with earlier raises in 2017 and 2021 and a secondary stake sale by RoZetta also recounted.
Car loan platform CarClarity appoints Damon Pezaro, who held product roles at Domain, Prospa and Finder, as a non-executive director to advise on product strategy during its 2022 expansion.
Cut Through Venture's debut quarterly newsletter rounds up Q1 2021 raises across Australian and New Zealand startups, highlighting crowdfunding, fintech dominance, active investors, and two newly launched startups currently seeking backers.
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