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Olo raises $18 million

By TechTaffy Desk

Digital ordering and delivery platform for the restaurant industry, Olo, has received an investment of $18 million by Tiger Global Management.

The investment was structured using common equity held by long-term Olo employees, the company said in a statement. Olo’s software can be used for every stage of the digital restaurant transaction, from branded guest interfaces to the back-of-house order management features, according to the company.

Olo clients include Applebee’s, Chili’s, Chipotle, Denny’s, Five Guys Burgers & Fries, Jamba Juice, Noodles & Company, Red Robin, Shake Shack, Sweetgreen, and Wingstop, according to Olo.

[Image courtesy: Olo]

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