Founded in 2014 by Adam Theobald and Andrew Low, Ordermentum has built a digital backbone for Australia’s wholesale food and beverage trade, connecting roughly 50,000 venues with suppliers through a single ordering, payments and reconciliation platform. The company claims deep integration in day-to-day industry workflows and, after its September 2023 all-stock merger with rival Foodbomb, had scaled to about 40,000 venues, 850 suppliers and processed more than $1.2 billion in orders annually. Ordermentum says it will use new capital to deepen AI capabilities and pursue acquisitions that complement its existing wholesale technology stack. The recent financing values the merged business above $150 million and is intended to accelerate product and market expansion while enabling partial exits for some earlier investors.

Total raised

$77M

Funding rounds

3

Latest round

Equity

Latest activity

May 2026