t’order, a Seoul, South Korea-based SaaS-based service provider for VAN and POS companies, has secured approximately USD 23 million in Series B funding.
Investors
Backed by Korea Development Bank, LB Investment and other investors, t’order achieved a valuation of around USD 230 million.
Korea Development Bank (KDB) is South Korea's state-owned development bank. Founded in 1954 to support the development of Korean industries and the national economy, it offers corporate loans, equity investments, public and corporate bonds, and debt/payment guarantees. KDB operates in 19 countries, including New York, London, Singapore, and Beijing.
LB Investment, founded in 1996, is a venture capital firm based in Seoul, South Korea, with an additional office in Shanghai. The firm invests in diverse industries, including technology, content, bio, and healthcare, focusing on Korean and China-based companies.
t’order Use of Funds
The company plans to use the funds to expand globally.
About t’order
t’order provides SaaS-based services to large corporations, VAN providers, and POS companies. The company specializes in table-ordering services, enabling customers to place orders directly from their tables via digital platforms. Its tablet ordering system seamlessly integrates with POS systems for instant order processing and management.
Funding Details
Company: t’order Inc.
Raised: USD 23.0M
Round: Series B
Funding Month: January 2025
Investors: Korea Development Bank, LB Investment
Company Website: https://torder.com/
Software Category: Ordering System
Source: https://www.businesswire.com/news/home/20250107992210/en/