Order
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Procurement and spend management software for mid-market companies.

645 Deal Team
Nnamdi Okike
Industry
Fintech
Entry Stage
Seed
Status
Active
Investment Date
2018
Company Overview

Order provides mid-market companies with software to manage indirect spend categories including office supplies, IT equipment, and break room needs. The platform centralizes purchasing, improves visibility, and reduces maverick spending across distributed teams.

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. While large incumbent providers like Coupa, Oracle, and SAP focus on the enterprise market, and passive spend management tools or competitive bidding platforms exist, Order targets the underserved mid-market. It provides a unique "aggregation to action" solution that rationalizes an inefficient process by quickly connecting disparate systems (email, Excel, supplier websites) and leading with immediate, tangible savings, without the long implementation times, high costs, or lack of flexibility often associated with enterprise solutions. The platform offers a universal search feature that integrates all vendors' products into a single platform, saving massive amounts of time for companies. Once products are chosen, the software automatically places orders and tracks the vendor offering the best savings, streamlining the purchasing process significantly.

In the News

The latest articles on Order’s product releases, fundraising, and awards.

Order.co Named to The Hackett Group's 2025-2026 '50 to Watch' List
Award·GlobeNewswire
Mar 2026
Order.co Named Silver Winner for Company of the Year - AI in Best in Biz Awards 2025
Award·GlobeNewswire
Dec 2025
Order.co Named in The CEO Viewpoint's Top Fastest-Growing Companies to Watch 2025 List
Award·Yahoo Finance
Sep 2025
Order.co Named 'AI Procurement Software of the Year 2025' by CIOReview
Award·GlobeNewswire
Aug 2025
Order.co Named "AI Procurement Platform of the Year" In 2025 RetailTech Breakthrough Awards Program
Award·GlobeNewswire
Apr 2025