OpenRest

SaaS-based Online Ordering Solutions for Restaurants

Business Software
Acquired (Inactive) by Wix on Oct 2014 - closed due to acquisition
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Company Overview

Snapshot

Founded in January 2011 by Yoav Amit and Danny Leshem, OpenRest operated with 1–10 employees. The company was acquired by Wix in October 2014, marking a significant exit for the SaaS provider.

Business overview

OpenRest provides SaaS-based online ordering solutions tailored for restaurants, aiming to deliver advanced and complete white-labeled websites, mobile websites, and mobile applications. The company also offers solutions for restaurant call centers, streamlining order acceptance and delivery management, and enables food-ordering portals for various operators. Operating within the Business Software sector, OpenRest serves the food retail and restaurant industries with its e-commerce tools and mobile software platforms.

Strategic signal

The acquisition of OpenRest by Wix in October 2014 signaled Wix's strategic move to enhance its offerings for small businesses, particularly in the restaurant sector. This integration allowed Wix to provide its users with advanced online ordering capabilities, indicating a broader trend of website builders incorporating specialized e-commerce functionalities to cater to niche markets.

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Company Intelligence Q&A

When was OpenRest founded?
OpenRest was founded in January 2011.
Who were the founders of OpenRest?
OpenRest was founded by Yoav Amit and Danny Leshem.
What is OpenRest's primary business?
OpenRest provides SaaS-based online ordering solutions for restaurants, including white-labeled websites, mobile applications, and call center management tools.
When was OpenRest acquired?
OpenRest was acquired by Wix in October 2014.
What was the strategic impact of OpenRest's acquisition by Wix?
The acquisition of OpenRest by Wix in October 2014 was intended to help small restaurants succeed online by integrating OpenRest's online ordering capabilities into Wix's platform.
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