trending Market Intelligence /marketintelligence/en/news-insights/trending/r5ArGM5RUgU2AaL0CAnwQA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Report: Food software startup Olo plans US IPO in 2020

Early Q4'19 Results Point To 6 Million-Plus Multichannel Subscriber Drop In 2019

IFRS 9: Time is Running Out for Insurance Companies to Comply

5 Quant Research Traps to Avoid

S&P Global Market Intelligence

Wind Power by the Numbers: U.S., Canada and Mexico

Report: Food software startup Olo plans US IPO in 2020

Food software company Olo is eyeing an IPO in the U.S. this year, under which it could seek a valuation of about $1 billion, Bloomberg News reported, citing people with knowledge of the matter.

According to Bloomberg, Olo interviewed potential advisers around the end of 2019. Sources reportedly said there is no final decision yet and plans may change.

Olo provides restaurants with digital solutions to manage online orders and deliveries, as well as to set up food-ordering platforms. Some of its customers include The Cheesecake Factory Inc., Shake Shack Inc. and Denny's Corp., and it has partnerships with delivery services companies DoorDash Inc. and Postmates Inc.

The New York-based company partnered with Uber Technologies Inc. in June 2019 to allow customers to directly place Uber Eats orders into restaurants' systems. It is also working with Alphabet Inc.'s Google LLC to allow customers to directly order from restaurants through the search engine platform.

Olo did not immediately respond to S&P Global Market Intelligence's request for comment.