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, providing SaaS-based online ordering solutions. The company was acquired by Wix in October 2014, marking a significant exit in the restaurant technology sector.

Business overview

OpenRest delivers SaaS-based online ordering solutions tailored for restaurants, focusing on creating advanced white-labeled websites, mobile sites, and mobile applications. The company also provides solutions for restaurant call centers to manage phone orders and delivery operations, alongside tools for food-ordering portals. OpenRest operates within the Business Software sector, specifically targeting the Food Retail & Consumption and Restaurant markets with its e-Commerce Tools and Mobile Software platforms.

Strategic signal

OpenRest's acquisition by Wix in October 2014 highlighted a strategic move to integrate advanced online ordering capabilities into a broader web development platform. This event signaled the increasing importance of comprehensive digital solutions for small businesses, particularly in the restaurant industry, and validated OpenRest's technology as a key component for enhancing online presence and operational efficiency.

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Company Intelligence Q&A

When was OpenRest founded?
OpenRest was founded in January 2011 by co-founders Yoav Amit and Danny Leshem.
What is OpenRest's primary business model?
OpenRest primarily operates on a B2B business model, providing its SaaS-based online ordering solutions directly to other businesses, specifically restaurants.
What was a significant corporate milestone for OpenRest?
OpenRest was acquired by Wix in October 2014, leading to its status as an inactive entity.
What kind of solutions does OpenRest provide for restaurants?
OpenRest provides SaaS-based online ordering solutions, including white-labeled websites, mobile websites, and mobile applications. It also offers solutions for restaurant call centers and food-ordering portals.
Which sectors does OpenRest operate in?
OpenRest operates in the Business Software sector, with a focus on Sales & Marketing Solutions and e-Commerce Tools, serving the Food Retail & Consumption and Restaurants target markets.
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