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Orderize

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March 25, 2024
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Orderize

Orderize is developing a digital platform to help local retailers transform offline processes into data-rich operations.

Achievement

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Founded in

2021

Country

Germany

Province

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Industry

Saas, Ecommerce

SDGs

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Patent information

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Team

Number of founders

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Number of employees

Founder backgrounds

Exit experience

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Relevant industry experience

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Previous startup experience

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Female founder

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EUR / Erasmus MC or TUDelft relation

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Graduation year from EUR, Erasmus MC or TUDelft

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In the news

Investment details

Amount raising

350000

Ownership founders

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Lead investor

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Current investors

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Intended closing date

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Fundraising status

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Already committed

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Revenue Metrics

Monthly revenue

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Monthly growth

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Paying customers

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Monthly active users

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Orderize

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March 25, 2024
Data is self reported

Orderize

Orderize is developing a digital platform to help local retailers transform offline processes into data-rich operations.

Achievement

One key achievement of our startup is successfully launching our Minimum Viable Product (MVP) and acquiring our first customers. Since the launch, we've achieved a Gross Merchandise Value (GMV) of over €320,000, showcasing the market demand for our solution and our ability to attract initial customers. This milestone marks the beginning of our journey towards growth and scalability, laying the groundwork for future success.

Founded in

2021

Country

Germany

Province

Industry

Saas, Ecommerce

SDGs

Responsible consumption and production (SDG #12), "Industry, innovation and infrastructure (SDG #9)", Decent work and economic growth (SDG #8), Sustainable cities and communities (SDG #11)

Patent information

-

Team

Number of founders

2

Number of employees

Founder backgrounds

Exit experience

No

Relevant industry experience

No

Previous startup experience

No

Female founder

Yes

EUR / Erasmus MC or TUDelft relation

Graduation year from EUR, Erasmus MC or TUDelft

In the news

Investment details

Amount raising

350000

Ownership founders

100% owned by founders

Lead investor

No

Current investors

Founders Capital 5000€

Intended closing date

Q2

Fundraising status

Already committed

90000

Revenue Metrics

Monthly revenue

€1 - €1K

Monthly growth

0-4%

Paying customers

3

Monthly active users

100

Orderize

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Orderize is developing a digital platform to help local retailers transform offline processes into data-rich operations.
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(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
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Monthly revenue context
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Number of paying customers
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INVESTMENTS

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How much have you raised in the past?
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How much of this round already committed?
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When are you aiming to close this round?
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TEAM

How much time do the founders spend on the business?
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Is there a founder with previous co-founder / c-level at startup experience?
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Is there a founder with previous Sector Experience?
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Is there a founder with previous Exit Experience?
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What percentage of company is owned by founders?
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Is there a women founder with at least 5% of the shares?
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Is there a founder with a EUR / Erasmus MC or TUDelft relation?
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Graduation year from EUR, Erasmus MC or TUDelft
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OTHER

Year founded
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Patent status
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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
€1 - €1K
Growth rate month over month
0-4%
Monthly revenue context
Our monthly revenue is predominantly derived from our B2B subscription model, where businesses pay a recurring fee for access to our platform's services. Additionally, we generate revenue from our B2C product through commissions on transactions facilitated through our platform. We calculate our monthly revenue by aggregating the subscription fees from B2B clients and the transaction commissions from B2C transactions, ensuring a comprehensive understanding of our income streams.
Number of paying customers
3
Monthly active users
100

INVESTMENTS

Do you have a lead investor?
No
How much have you raised in the past?
Founders Capital 5000€
How much of this round already committed?
90000
When are you aiming to close this round?
Q2

TEAM

How much time do the founders spend on the business?
100%
Is there a founder with previous co-founder / c-level at startup experience?
No
Is there a founder with previous Sector Experience?
No
Is there a founder with previous Exit Experience?
No
What percentage of company is owned by founders?
100% owned by founders
Is there a women founder with at least 5% of the shares?
Yes
Is there a founder with a EUR / Erasmus MC or TUDelft relation?
Graduation year from EUR, Erasmus MC or TUDelft

OTHER

Year founded
2021
Patent status
-

Basic details

Amount raising
350000
Country
Germany
Industry
Saas, Ecommerce
Website
https://www.orderize.de/
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
March 25, 2024

Key Achievements

  • One key achievement of our startup is successfully launching our Minimum Viable Product (MVP) and acquiring our first customers. Since the launch, we've achieved a Gross Merchandise Value (GMV) of over €320,000, showcasing the market demand for our solution and our ability to attract initial customers. This milestone marks the beginning of our journey towards growth and scalability, laying the groundwork for future success.
  • A notable achievement for our startup is securing commitments totaling €90,000 from investors for our ongoing funding round aimed at reaching €350,000. This milestone underscores investor confidence in our business model, product, and growth potential. With €90,000 already committed, we are well on our way to achieving our fundraising goal, which will fuel our expansion plans and drive further innovation.

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