SimpleOrder
Online Inventory and Order Management Software
Company Overview
Snapshot
Founded in July 2010 by Arik Mezan and Amir Zelig, SimpleOrder operated with 1–10 employees. The company raised $4.45 million across four funding rounds from five investors. SimpleOrder was acquired by Upserve in July 2018.
Business overview
SimpleOrder provides a cloud-integrated, plug-and-play platform designed to streamline the purchase-order process and bridge supply chain gaps between buyers and suppliers. Focusing on the food and beverage industry, its platform enables suppliers, small and medium-sized retailers, and chains to connect, manage ordering, and control costs. The company operates within the Business Software sector, specializing in logistics, supply chain, inventory management, and order management solutions for restaurants and retailers.
Strategic signal
In July 2018, SimpleOrder was acquired by Upserve, leading to the launch of Upserve Inventory. This acquisition highlights a strategic move to integrate SimpleOrder's robust inventory and order management capabilities into a broader restaurant management platform, signaling a market trend towards comprehensive, integrated solutions for the food service industry. For investors, this demonstrates the value of specialized software in optimizing restaurant operations and the potential for successful exits through strategic acquisitions.
Log in to access full profile ›Company Intelligence Q&A
- What is SimpleOrder's primary focus?
- SimpleOrder focuses on providing online inventory and order management software, primarily for the food and beverage industry, to streamline the purchase-order process and connect buyers with suppliers.
- When was SimpleOrder acquired?
- SimpleOrder was acquired by Upserve in July 2018, subsequently ceasing independent operations.
- Which investors participated in SimpleOrder's October 2016 funding round?
- In October 2016, SimpleOrder received funding from Cyrus Venture Partners.
- What was the outcome of the acquisition by Upserve?
- Following its acquisition by Upserve in July 2018, SimpleOrder's technology was integrated to launch Upserve Inventory, aimed at boosting restaurant profitability.
- When did SimpleOrder raise its first disclosed funding round?
- SimpleOrder raised a Seed round in May 2014, with participation from Internet Initiatives Development Fund (IIDF) and Cyrus Venture Partners.