How Much Did Order Raise? Funding & Key Investors

Date August 24, 2025
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Order

COMPANY INFO

Order is a procurement management solutions company founded in 2016 and headquartered in Manhattan, New York City. The company was founded by Brendan Eapen, Matt Garippa, Tom Jaklitsch, and Zachary Garippa. It offers solutions for purchase management, spending control, catalog management, vendor management, and invoice management to simplify business buying processes. Order has raised $50 million in funding over three rounds and operates in the Information Technology & Services industry with approximately 40 employees. Its website is www.order.co.

How Much Did Order Raise? Funding & Rounds and Investors

Order is a procurement management solutions company founded in 2016 and based in Manhattan, New York City. Operating within the Software Development and Information Technology & Services industries, Order simplifies business purchasing with tools for purchase management, spending control, catalog management, vendor coordination, and invoice handling. With around 160 employees, Order has become a go-to platform for organizations aiming to optimize and automate their buying workflows.

Order’s funding trajectory demonstrates a measured, strategic approach to capital raising. Over three main funding rounds, Order has secured a total of $50 million, targeting milestone-driven growth at each stage. The company leveraged its seed funding to develop core technology, followed by significant Series A and B rounds aimed at product expansion and market growth. Order’s funding rounds reflect careful scaling—strengthening the platform’s enterprise features and expanding reach across industries. Through its funding history, Order has attracted support from prominent venture capital names and continued to build a robust network of strategic investors.

Funding Rounds

Series B - $30M - January 25, 2022

This Series B round was raised to support scaling operations, including hiring, platform enhancements, and expanding into new market verticals. The funds are being used to accelerate Order’s growth and reinforce its market presence among mid-market and enterprise clients.

Series A - $15M - June 15, 2019

Order’s Series A funding round aimed to drive further product development and ramp up market expansion efforts. The investment was utilized to deepen platform capabilities and acquire new customers in key target sectors.

Seed Round - $5M - January 7, 2016

The seed funding round enabled Order to launch its initial product, assemble its founding team, and begin building out its vendor and customer ecosystem. These early funds were focused on bringing the core vision and technology to market.

Key Investors

Stage 2 Capital

Stage 2 Capital is a prominent venture capital firm focused on scaling B2B SaaS companies. They led Order’s Series B round, providing critical capital and go-to-market expertise as Order expanded into new markets.

GMO Venture Partners

GMO Venture Partners specializes in supporting technology-driven startups. Their investment in Order brings international venture capital support and strategic industry connections, guiding further growth.

Ankona Capital

Ankona Capital is known for investing in high-growth enterprise software companies. Ankona’s participation strengthens Order’s access to operational expertise and growth-stage funding.

Clocktower Ventures

Clocktower Ventures invests mainly in fintech and software-driven platforms. Their backing of Order enables deeper connections in the financial technology community and provides valuable scale-up resources.

Collaborative Fund

Collaborative Fund focuses on supporting companies driving innovation in technology and sustainability. They support Order’s mission to automate business procurement efficiently and transparently.

Executive Council Ventures

Executive Council Ventures brings an expert network of operational leaders and seasoned investors to enhance Order’s strategic direction and long-term value creation.

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