Innovorder Lands $23.2 Million to Expand Its AI-Powered Restaurant Platform Across Europe

Innovorder has built a cloud-based restaurant operating platform that spans point-of-sale, digital ordering, self-service kiosks, payments, kitchen operations, loyalty programs and business intelligence.By Dustin Stone, RTN staff writer – 6.5.2026

French restaurant technology provider Innovorder has secured $23.2 million (€20 million) in a financing round led by UL Invest, the family office of technology entrepreneur Laurent Useldinger, as the company looks to expand its footprint across Europe and deepen investments in artificial intelligence. The funding will support European expansion, product development, AI initiatives and acquisitions targeting both commercial and contract catering markets. The company has been profitable since 2024, reports annual organic growth of approximately 40% and expects to generate €15 million in revenue by 2026.

Founded in 2014, Innovorder has built a cloud-based restaurant operating platform that spans point-of-sale, digital ordering, self-service kiosks, payments, kitchen operations, loyalty programs and business intelligence. The company’s customer base includes quick-service restaurants, bakeries, coffee shops, food courts, transportation hubs, hospitals, schools and corporate dining operators.

The latest investment underscores a broader shift occurring across restaurant technology. Operators are increasingly seeking consolidated technology ecosystems that can unify ordering, payments, kitchen management, loyalty and analytics within a single platform. As labor costs continue to rise and operators face pressure to improve productivity, vendors that can automate operational workflows are attracting growing investor attention.

A major focus of Innovorder’s growth strategy is artificial intelligence. Over the past 18 months, the company has assembled a dedicated AI team and deployed its first AI agents through Atlas, its proprietary AI platform designed to automate management and operational tasks while integrating…

Source