OrderEAT raised $2M in a round led by Chile Ventures, with participation from Driven VC, Add Ventures, Seedstars, and angel investors Sergio Fogel and Avedis Boudakian.
Founded by Uruguayan entrepreneurs Matías Craviotto, Juan Manuel Rodriguez and Luis Pedro Carrero, OrderEAT digitizes payments and operations for school cafeterias. Families use its app to add funds and place orders, allowing students to pay without cash. Cafeteria operators use the platform to manage menus, inventory, nutrition, and sales.
OrderEAT will use the funding to expand across Latin America, with a focus on Chile, where it serves more than 50 schools.
OrderEAT operates in more than 600 schools across Mexico, Chile, Argentina, Uruguay, and Peru, serving more than 250,000 active students. The company added 200 schools in less than six months and aims to reach one million active students within 18 months.
Source: LatamList
