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Innovorder Raises $23.3M Funding Round

Recently funded · $23.3M UnknownTechnology, Information and MediaFRView source

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Innovorder, the Paris-based leader in digital solutions for the food service industry, has secured $23.3M in new investment from UL Invest. The company, founded in 2014, provides a comprehensive SaaS suite that helps major players like KFC, Quick, and Elior manage their restaurant networks, optimize kitchen operations, and accelerate order channels across thousands of points of sale.

This latest capital infusion builds on Innovorder's previous fundraising efforts, which totaled over €10 million, and comes as the company serves more than 800 customers with its solutions.

From the source

Tech · Jun 4, 2026

Not every €20M round is a bet on a future business. Innovorder's is a bet on a business already working. The French restaurant technology company announced €20M in funding today, led by UL Invest the family office of tech entrepreneur Laurent Useldinger.

Founded in 2014, Innovorder builds cloud-based SaaS for restaurant operators across quick-service, bakeries, hospitals, schools and corporate dining. The company has been profitable since 2024, reports 40% annual organic growth and expects €15M in revenue in 2026. Its target market European contract catering is estimated at €22B and still largely running on legacy systems. The bet is placed. No

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