Dublin-based food delivery SaaS start-up Vromo has raised $8m in Series A funding led by Dutch VC firm No Such Ventures.
Previously known as WeBringg, Vromo has tech partnerships with big players in the business including Olo, Doordash and Deliveroo.
Vromo has said it will use the funds to boost its global presence and create new jobs across Europe and the US.
Food delivery has undergone significant change since the beginning of the pandemic as restaurants turned to delivery as a means to stay in business during lockdowns and restrictions. Greater demand from people stuck at home during the pandemic has resulted in greater investments in tech to handle this demand efficiently.
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Vromo has operations across the US, UK and Australia and had been trying to raise funds to expand its business. It changed its brand after acquiring start-up Spatula during its international expansion.
The company’s software allows restaurants to take their operations in-house to gain control over customer experience and boost profits. It also helps them to call on commercial delivery services during peak times or to service new areas.
Reindeer Lubbers, partner at No Such Ventures, commented on the funding, stating: “As an investor, what’s not to love about Vromo: a stellar team in terms of experience and capability, an enormous market and a differentiating product. No wonder that prospects are lining up to get a hold of Vromo’s software.”
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Vromo co-founder and chair Brian Hickey, also added: “We believe Vromo is best placed to help global restaurant brands to navigate their delivery challenges and we are excited to have the No Such Ventures team in our corner as we build momentum.”
Headquartered in Dublin, Vromo has offices in New York and Waterford with more than 9000 restaurant partners across more than 20 countries. It has partnerships with big players in the delivery business including Doordash and Deliveroo.
Source: Silicon Republic
