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Hospo tech startup Orderbird lands €2.7m Written by Nina Fowler on 1. May 2012


Berlin restaurant payment startup Orderbird just closed a €2.7 million funding round, including from Alternative Strategic Investments (ALSTIN), and is planning to roll out across Germany this year.
ALSTIN, the investment vehicle of Hanover entrepreneur and AWD-founder Carsten Maschmeyer, provided the bulk of the funding round, Orderbird‘s second. Previous backers include the Investitionsbank Berlin and the European Regional Development Fund.

Chefs and waitstaff, rejoice

Order Bird’s innovative point of service (POS) system lets food and drink businesses organise operations, write invoices and print receipts using iPhones or iPads. The next step will be to allow customers to place orders in the same way. Businesses in Berlin and Munich are already using the service, and the next stop will be Germany as a whole. Plans are also already underway to go international, starting with nearby countries.
Jakob Schreyer, Bastian Schmidtke und Patrick Brienen founded Orderbird in 2011. The company now has over 20 employees and over 200 clients, including cafes, bars, clubs, ice cream parlors, restaurants and beer gardens.
Orderbird won the Intergastra Innovation Prize this year, and is a previous winner of the Financial Times Deutschland enable2start competition and Berlin pitching competition Betapitch.
For related reading, check out:
Rocket’s rumoured Zenpay chases Square for global reach
99 Problems but a Pitch Ain’t One – top VCs and investors on the secrets of a perfect pitch
99 Problems but a Pitch Ain’t One Part 2 – startup mentors on what gets their attention