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Valuation

$1.4B

2024 Revenue

$44.7M

Customers

10K

Funding

$239.3M

YOY

40.8%

Avg ACV

$4.5K

Team

470

Founded

2018

How Deliverect CEO Zhong Xu grew Deliverect to $44.7M revenue and 10K customers in 2024.

Deliverect is a software platform that helps restaurants and food businesses streamline their delivery operations by integrating multiple delivery service providers with their existing point-of-sale (POS) systems. By consolidating all incoming orders into one unified platform, Deliverect enables businesses to manage their delivery orders more efficiently, reduce errors, and improve customer satisfaction. Deliverect supports integrations with a range of delivery partners, including Uber Eats, Deliveroo, Glovo, and more. The company was founded in 2018 and is based in Ghent, Belgium.

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Deliverect Revenue

In 2024, Deliverect's revenue reached $44.7M. The company previously reported $31.7M in 2023. Since its launch in 2018, Deliverect has shown consistent revenue growth.

Deliverect Revenue GrowthReported revenue / ARR by year$0$10M$20M$30M$40M$50M2018201920202021202220232024$0$14M$32M$45MSource: GetLatka.com
YearMilestone
2024Deliverect Hit $44.7m revenue in November 2024
2023Deliverect Hit $31.7m revenue in December 2023
2021Deliverect Hit $14m revenue in April 2021
2018Launched with $0 revenue

Deliverect Valuation, Funding Rounds

Deliverect reached a $1.4B valuation in 2022, set during its Series D round.

Deliverect has raised $239.3M in total funding across 5 rounds, most recently a $150M Series D round in 2022.

Deliverect Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$300M$600M$900M$1B$2B201820192020202120222018 cumulative: $791K • 2018 Seed Round: $791K2019 cumulative: $4M • 2018 Seed Round: $791K • 2019 Series A: $4M2020 cumulative: $24M • 2018 Seed Round: $791K • 2019 Series A: $4M • 2020 Series B: $20M2021 cumulative: $89M • 2018 Seed Round: $791K • 2019 Series A: $4M • 2020 Series B: $20M • 2021 Series C: $65M @ $1B valuation2022 cumulative: $239M • 2018 Seed Round: $791K • 2019 Series A: $4M • 2020 Series B: $20M • 2021 Series C: $65M @ $1B valuation • 2022 Series D: $150M @ $1B valuation$239M2021 Series C: $1B valuation$1B2022 Series D: $1B valuation$1BSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Series D$150M$1.4B11%
2021Series C$65M$1B7%
2020Series B$19.8M--
2019Series A$3.6M--
2018Seed Round$790.7K--

Deliverect Employees & Team Size

Deliverect employs approximately 470 people as of 2026, up from 458 in 2024.

Deliverect has 470 total employees in different roles and functions and 109 sales reps that carry a quota. They have 10K customers that rely on the company's solutions.

Deliverect Team GrowthReported headcount over time01252503755006252018201920202021202220232024202500470470Source: GetLatka.com
YearMilestone
2025Reached 470 employees (November 2025)
2024Reached 458 employees (December 2024)
2024Reached 488 employees (October 2024)
2023Reached 487 employees (September 2023)
2023Reached 201 employees (July 2023)
2023Reached 497 employees (January 2023)
2022Reached 324 employees (January 2022)
2022Reached 502 employees (January 2022)
2021Reached 230 employees (August 2021)
2021Reached 167 employees (April 2021)

Founder / CEO

Zhong Xu

Zhong Xu is listed as Founder / CEO at Deliverect.

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Frequently Asked Questions about Deliverect

What is Deliverect's revenue?

Deliverect generates $44.7M in revenue.

Who founded Deliverect?

Deliverect was founded by Zhong Xu.

Who is the CEO of Deliverect?

The CEO of Deliverect is Zhong Xu.

How much funding does Deliverect have?

Deliverect raised $239.3M.

How many employees does Deliverect have?

Deliverect has 470 employees.

Where is Deliverect headquarters?

Deliverect is headquartered in Gent, Belgium.

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Compare Deliverect to the industry

Deliverect operates across multiple industries. Browse revenue, funding, and growth data for Deliverect in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Deliverect Revenue 2024: $44.7M ARR, $1.4B Valuation