Olorevenue, acquisition & funding
Restaurant SoftwareOne World Trade Center, New YorkFounded 2005
Olo was acquired by Thoma Bravo in 2025. See Thoma Bravo's profile →
Olo powers digital ordering and delivery programs that connect restaurant brands to the on-demand world.
Olo revenue
Olo's annual revenue was $284.9M in December 2024, its last figure before Thoma Bravo bought it (SEC filing). That is up 25% from $228.3M a year earlier.
All 2 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Dec 2023 | $228.3M | SEC filing |
| Dec 2024 | $284.9M | SEC filing |
Who owns Olo
Thoma Bravo owns Olo. It bought the company in September 2025 for $1.8B (SEC filing).
Olo funding rounds & investors
Olo has raised $176.6M across seven rounds since 2005. The latest was a $103.3M Private Equity in November 2021.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Nov 2021 | Private Equity | $103.3M | $4.6B |
| Jan 2016 | Series D | $40M | – |
| Oct 2014 | Series C | $10M | – |
| Oct 2014 | Series C | $10M | – |
| Jan 2013 | Series B | $5M | – |
| 2008 | Series A | $7M | – |
| 2005 | Seed | $1.3M | – |
| Total raised | $176.6M |
Not counted as funding
- Secondary share sale (not new capital) $18M Jan 2019
Olo CEO, founders & employees
Noah Glass founded Olo in 2005 and led it as CEO. Olo had 677 employees (December 2024, Press Release).
- Noah GlassFounder & CEO
All 4 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 677 | Press Release |
| Nov 2021 | 728 | – |
| Dec 2020 | 508 | – |
| Aug 2020 | 508 | – |
Olo FAQ
How much money does Olo make?
The most recent figure is $284.9M in annual revenue, from December 2024, before Thoma Bravo bought the company.
Who owns Olo?
Thoma Bravo owns Olo. It bought the company in September 2025 for $1.8B.
Is Olo publicly traded?
No. Olo is part of Thoma Bravo.
How much funding has Olo raised?
$176.6M across 7 rounds; the latest was a $103.3M Private Equity in November 2021.
Who founded Olo?
Noah Glass, in 2005.
How many employees does Olo have?
About 677 as of December 2024 (Press Release).
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How this page is sourced
3 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 12, 2026Data disclaimerReport a correctionClaim this profileRun Olo? Join the podcast