Olo
Enterprise-grade restaurant SaaS platform serving 800+ of America's most beloved brands | Hospitality at Scale®
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Overview
Olo is a restaurant technology company that provides an open software-as-a-service platform for digital ordering, payments, delivery and guest engagement. The company started in 2005 with the idea of letting people order and pay for a coffee from a phone and have it ready on arrival, and it began by sending text message orders to printers, two years before the iPhone appeared. Its history traces early bets on fast casual dining in 2008, kitchens built around pickup windows in 2012 and delivery in 2015. That sequence follows the broader shift of restaurant revenue from dining rooms toward off-premise channels.
Olo's modular platform covers online ordering through a brand's website, app or kiosk, catering, restaurant-specific payments, and direct and third-party marketplace delivery managed in one workflow. It also offers a guest data platform and personalized marketing tools, which support the company's aim of helping restaurants make data-driven decisions and personalize the guest experience on- and off-premise. Integrations with more than 450 technology partners let customers connect the tools they already use. For multi-unit chains, this kind of integration layer matters because orders from many channels have to reach the same kitchens without separate tablets or duplicated menus.
The company works with more than 800 restaurant brands, which together reach about 108 million connected guests across approximately 90,000 locations and process more than 3.5 million orders per day on average. Customers featured in its case studies include Freddy's Frozen Custard and Steakburgers, Costa Vida, Mendocino Farms, California Fish Grill and honeygrow. Olo describes its goal as helping restaurants grow sales, do more with less and make every guest feel like a regular, a pitch aimed at chains that want direct digital relationships with guests rather than relying only on third-party apps.
Funding rounds
Disclosed funding: $163.3M across 6 rounds. Latest: ACQUISITION, 1 Jul 2025.
| Date | Type | Amount |
|---|---|---|
| 1 Jul 2025 | ACQUISITION | $2B |
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Latest videos from Olo on YouTube
How Yoshinoya Turned Guest Insights into Increased Orders
Oh, Olo! Get to know the Olo App
Chit Chats: Earthbar x 3Owl
Chit Chats: Vicious Biscuits x A&W Restaurants
Recent posts from the Olo blog
- How to Drive Sales Growth by Focusing on Three Numbers
More than 100 years ago, E. I. du Pont de Nemours and Company, now known simply as DuPont, began breaking its most important financial metric, return on investment, into two parts: net profit margin ✕ asset turnover.
- Creating the Best Loyalty Program for Your Restaurant
Ask 10 restaurant brands why they're launching a loyalty program, and eight of them will give me the same answer: because everyone else has one.
- How to Turn a Social Media Click into a Guest That Comes Back
It's a Tuesday night, and someone is scrolling through Instagram trying to decide what's for dinner. A queso ad stops the scroll: gooey, dripping, shot by someone who clearly cared about the lighting.
- Why Guest Lifetime Value is the Most Important Restaurant Metric
Restaurant leaders used to win on transactions: cover counts, same-store sales, the number on the P&L at month-end. Knowing who was dining with you, and why they kept coming back, wasn't the job of the finance team.
- What a 515-Page Report Says About the Future of Loyalty
This month, WIRED published an article from a reporter who was shocked when he requested a copy of the data that McDonald's stored on him from its loyalty program and received 515 pages back. It detailed every Monopoly prize he'd ever won, a predicted 2.16 visits over the next six weeks, an average order of $13.49, and a churn score of zero.