Ordermark Funded $120M to Expand its Virtual Business

Virtual

Ordermark is based in Los Angeles, CA, one of the leading online ordering management solutions for restaurants and virtual restaurant concepts.

Ordermark was funded $120 million series C round funding. The funding was led by prominent technology investor SoftBank Vision Fund and joined by returning investor Act One Ventures. The grant will use to help more restaurants transition to online ordering during the pandemic and beyond.

The company’s software consolidates incoming orders from multiple platforms and sends them to a single printer. Ordermark also operates a company

What’s ERP Software and Why Do You Need One?

ERP

With the rapid growth in technologies, the ERP software market may cross $41.69 billion in profit by 2020. The statistics are enough to demonstrate the impact of this technology on businesses. This figure is undeniably impressive and reflects how important it is for companies in the future. Incorporating ERP software is one-way marketers can give their brand a competitive edge.

If your startup is in the initial phases and you are looking for a technology to help you manage business functions, ERP software is ideal, and if you

Perch Funded $123.5M to Accelerate Quality Brands and Expand its Platform

Brands

Perch based in Boston, MA. This company is a technology-enabled consumer quality brands that acquire and operate Amazon Marketplace businesses to win products in their respective categories.

Perch was funded $123.5 million in a new round of financing. Spark Capital led the funding with participation from past investor Tectonic Ventures and new backer Boston Seed. Perch intends to use the capital mainly to acquire category-leading products and companies, make out its core team, and invest in its technology platform.

Third-party sellers are growing gross revenue at a

How to Avoid Financial Problems for Your Startup?

Startup

There is no denying that starting your own business in an established niche is exhilarating. However, at the same time, you cannot eliminate the risk factors involved. As a startup, you have to deal with a plethora of problems, with an endless stream of administrative tasks. Not only does it require a lot of your attention but also time and critical thinking to manage business finances.

When you launch a new business, you require sufficient
capital to cover all the expenses, and also funds to run