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Valuation

$4.6B

2024 Revenue

$222.1M

Customers

700

Funding

$194.6M

YOY

26.8%

Avg ACV

$317.3K

Team

677

Churn

8%

How Olo CEO Noah Glass grew Olo to $222.1M revenue and 700 customers in 2024.

Olo powers digital ordering and delivery programs that connect restaurant brands to the on-demand world. Olo's platform enables millions of orders per week across every stage of restaurant ecommerce, from fully-branded guest interfaces to the back-of-house order management features that keep over 60,000 restaurants running smoothly. Orders from Olo interact seamlessly with existing restaurant systems to help brands capture demand from brand direct website and apps, marketplaces, social media channels, and virtual assistant devices like the Amazon Echo. Over 100 million consumers use Olo to order ahead and get meals delivered from the restaurants they love, such as Applebee's (DIN), Cheesecake Factory (CAKE), Chili's (EAT), Denny's (DENN), Five Guys Burgers & Fries, Jamba Juice (JMBA), Noodles World Kitchen (NDLS), Shake Shack (SHAK), sweetgreen, Wingstop (WING), and more. SKIP THE LINE

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Olo Revenue

In 2024, Olo's revenue reached $222.1M. The company previously reported $175.1M in 2023. Since its launch in 2005, Olo has shown consistent revenue growth.

Olo Revenue GrowthReported revenue / ARR by year$0$50M$100M$150M$200M$250M20052007200920112013201520172019202120232024$0$80M$222MSource: GetLatka.com
YearMilestone
2024Olo Hit $222.1m revenue in December 2024Source
2023Olo Hit $175.1m revenue in December 2023Source
2021Olo Hit $80.1m revenue in November 2021
2020Olo Hit $45.7m revenue in August 2020
2005Launched with $0 revenue

Olo Valuation, Funding Rounds

Olo reached a $4.6B valuation in 2021, set during its Private Equity Round round.

Olo has raised $194.6M in total funding across 8 rounds, most recently a $103.3M Private Equity Round round in 2021.

Olo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1B$2B$3B$4B$5B2005200720092011201320152017201920212005 cumulative: $1M • 2005 Seed Round: $1M2008 cumulative: $8M • 2005 Seed Round: $1M • 2008 Series A: $7M2013 cumulative: $13M • 2005 Seed Round: $1M • 2008 Series A: $7M • 2013 Series B: $5M2014 cumulative: $23M • 2005 Seed Round: $1M • 2008 Series A: $7M • 2013 Series B: $5M • 2014 Series C: $10M2014 cumulative: $33M • 2005 Seed Round: $1M • 2008 Series A: $7M • 2013 Series B: $5M • 2014 Series C: $10M • 2014 Series C: $10M2016 cumulative: $73M • 2005 Seed Round: $1M • 2008 Series A: $7M • 2013 Series B: $5M • 2014 Series C: $10M • 2014 Series C: $10M • 2016 Series D: $40M2019 cumulative: $91M • 2005 Seed Round: $1M • 2008 Series A: $7M • 2013 Series B: $5M • 2014 Series C: $10M • 2014 Series C: $10M • 2016 Series D: $40M • 2019 Secondary Market: $18M2021 cumulative: $195M • 2005 Seed Round: $1M • 2008 Series A: $7M • 2013 Series B: $5M • 2014 Series C: $10M • 2014 Series C: $10M • 2016 Series D: $40M • 2019 Secondary Market: $18M • 2021 Private Equity Round: $103M @ $5B valuation$195M2021 Private Equity Round: $5B valuation$5BSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Private Equity Round$103.3M$4.6B2%
2019Secondary Market$18M--
2016Series D$40M--
2014Series C$10M--
2014Series C$10M--
2013Series B$5M--
2008Series A$7M--
2005Seed Round$1.3M--

Olo Employees & Team Size

Olo employs approximately 677 people as of 2026, down from 728 in 2021.

Olo has 677 total employees in different roles and functions and 37 sales reps that carry a quota. They have 700 customers that rely on the company's solutions.

Olo Team GrowthReported headcount over time02004006008002005200720092011201320152017201920212023202400677677Source: GetLatka.com
YearMilestone
2024Reached 677 employees (December 2024)
2021Reached 728 employees (November 2021)
2020Reached 508 employees (December 2020)
2020Reached 508 employees (August 2020)

Founder / CEO

Noah Glass

As founder and CEO of Olo, Noah Glass is guiding restaurants through the biggest disruption in the industry's history—off-premise dining

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Customers

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Frequently Asked Questions about Olo

What is Olo's revenue?

Olo generates $222.1M in revenue.

Who founded Olo?

Olo was founded by Noah Glass.

Who is the CEO of Olo?

The CEO of Olo is Noah Glass.

How much funding does Olo have?

Olo raised $194.6M.

How many employees does Olo have?

Olo has 677 employees.

Where is Olo headquarters?

Olo is headquartered in New York, New York, United States.

Compare Olo to the industry

Olo operates across multiple industries. Browse revenue, funding, and growth data for Olo 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 .