Deal Street

African Startup Funding Tracker

$3,561,929,000+

*Data updated daily at 18:00 EAT

Nigerian Restaurant Management Startup Orda Raises USD 1.1 Mn Pre-Seed
Nigerian Restaurant Management Startup Orda Raises USD 1.1 Mn Pre-Seed

Nigerian restaurant management startup Orda has raised a USD 1.1 Mn pre-seed funding round to speed its growth and expand across the continent. The round was led by Lofty Inc Capital Management, with participation from Techstars – Boulder, Magic FundHustle FundNorrsken FoundationMicrotractionDFS LabsOxford Seed FundEnza Capital, and Agrolay Advisors, as well as Ire AderinokunJesse OviaAdemola Adesina and other angel investors.  

Orda is a cloud-based restaurant management system provider that hopes to provide one operating system to power African restaurants. The company has developed a full-stack approach to integrating local payments, logistic companies while building inventory management, and business analytics for small to medium-sized food businesses.