Order

Order

Theme
Citizen Professional
Milestones
Founded 2016Partnered 2018Series A Financing 2020Series B Financing 2021
Category
SaaS

Overview:

Order (formerly Negotiatus) is purchasing software that is transforming the way business administrators and users place orders, control spend, and submit payment across their vendors. They are trusted by over 200 of the fastest growing name-brand companies across a wide range of industries, from health and wellness to professional offices and co-working spaces.

As the first platform built for customer's entire purchasing process, Order provides a consistent, simple, and powerful experience from sourcing through payment across every vendor and website. Businesses receive enterprise-level control and analytics without the burden of heavy implementation and maintenance, and are on-boarded in fewer than two weeks. Order is headquartered in New York City and its team services businesses across North America.

Investment Rationale:

645 Ventures got to know Order over about six months in advance of making an investment in 2018. During that time, the company had more than doubled its annualized revenue. 645 had also been able to get to know the founding team well, and has been impressed by the team’s vision, resourcefulness, and commitment to building the leading procurement company for the mid-market.