Procurement and spend management software for mid-market companies.
Order provides mid-market companies with software to manage indirect spend categories including office supplies, IT equipment, and break room needs. The platform centralizes purchasing, improves visibility, and reduces maverick spending across distributed teams.
645 Ventures got to know Order over about six months in advance of making an investment in 2018. During that time, the company had more than doubled its annualized revenue. 645 had also been able to get to know the founding team well, and has been impressed by the team's vision, resourcefulness, and commitment to building the leading procurement company for the mid-market. While large incumbent providers like Coupa, Oracle, and SAP focus on the enterprise market, and passive spend management tools or competitive bidding platforms exist, Order targets the underserved mid-market. It provides a unique "aggregation to action" solution that rationalizes an inefficient process by quickly connecting disparate systems (email, Excel, supplier websites) and leading with immediate, tangible savings, without the long implementation times, high costs, or lack of flexibility often associated with enterprise solutions. The platform offers a universal search feature that integrates all vendors' products into a single platform, saving massive amounts of time for companies. Once products are chosen, the software automatically places orders and tracks the vendor offering the best savings, streamlining the purchasing process significantly.
In the News
The latest articles on Order’s product releases, fundraising, and awards.