Techstars Boulder
1050 Walnut St, Suite 202, Boulder, CO, 80302, United States
Overview
Techstars provides a global platform for early-stage investment and innovation through programs that support startup growth and corporate collaboration. Its services include accelerator programs, startup education initiatives, venture capital funding, and corporate innovation partnerships. The Techstars Mentorship-Driven Accelerator Program offers support for startups, while Techstars Startup Programs focus on entrepreneurial education and community building. The Techstars Venture Capital Fund invests in emerging companies, and its Corporate Innovation Partnerships help established brands develop new products and services through collaboration with startups.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Consulting
- Finance
- Financial Services
- FinTech
- Incubators
Investment portfolio
- ORDA
Participated · Seed · Jan 2022
Orda offers a cloud-based restaurant operating system that digitizes order management, inventory, recipe yields, kitchen display systems, accounting and integrations with food aggregators like Chowdeck, Bolt Food and Glovo. The two-year-old startup primarily serves small and medium-sized restaurants in Nigeria and Kenya, many of which previously relied on pen-and-paper processes. Orda’s platform works offline when connectivity is poor and supports tiered pricing plans (N1,000; N5,000; N20,000) for different feature sets. The company processes over 50,000 orders weekly for about 600 vendors, has seen GMV grow roughly 30% month-on-month, and reports revenue growth of 30% month-on-month with retention above 95%. Orda already processes payments for about 10% of its vendors and plans a major payments rollout by Q2 next year. The team has expanded leadership with hires including Afua Ahwoi (head of operations and strategy) and Modesola Osasomi (head of growth). Orda intends to use product expansion—particularly financial products for lending and payments—and geographic expansion (including South Africa and later Ivory Coast) to scale. Orda is a cloud-based restaurant operating system tailored for African chefs and food business owners, offering point-of-sale, inventory management, payments, logistics and analytics. The platform integrates orders from delivery services (Jumia Food, Glovo, Bolt Food), in-store, website and social channels like WhatsApp, and includes an ePos solution for low-connectivity areas. Orda targets small local restaurants that rely on pen-and-paper, aiming to reduce reconciliation time and provide analytics off the gate. The company charges restaurants $5–$50 per month and reports GMV growth of 15% week-on-week, processes up to 10,000 transactions weekly, and says its growth rate doubles every three weeks. With its product roadmap it plans to build financial products (especially lending), move into payment processing, and expand white-label mobile apps for customers across Africa.