How Upstock hit $1.8M Revenue with 5K customers in 2022.
Ordamatic is used by top restaurants, cafes, bars and their suppliers to manage wholesale orders. It makes ordering easy â€“ replacing email, text, fax and phone orders with a simple app.
â€¢ Fast, reliable, accurate orders every time
â€¢ Manage your orders in one place
â€¢ Real time order status and delivery notifications
â€¢ Accurate invoicing and accounting
Why do people love Ordamatic?
Just ask some of our customers...
â€œWe've been using Ordamatic for years and can't live without it. Things run so much smoother and faster for all our cafes. And itâ€™s taken all the time and pain out of managing orders in our head office. â€
â€œWe were unsure how it would work for us at first, but after 2 weeks Ordamatic has made ordering quicker and easier so weâ€™d never go back to emailing ordersâ€
â€œI can order easily from multiple suppliers at once without re-typing each time, it's a great time saverâ€
In 2022, Upstock revenue run rate hit $1.8M in revenue.
Upstock hit $1.8M in revenue in 2021
Upstock launched in 2015 with $0 revenue
Upstock Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
Upstock has 21 total employees They have 5000 customers an engineering team of 4 and a marketing team of 1
Total team size
Fenton is currently the founder and CEO of Upstock, Inc., a worker equity management as a service online platform. Fenton created the online social hospitality network, the Couchsurfing Project which he began working on in 1999. Couchsurfing currently has over 15 million members worldwide. Fenton served as executive director of Couchsurfing until2012 and the founding chairman of the board. Since exiting his position as CEO of Couchsurfing, he has also been a part of multiple startups including Sovolve (Wonder App) and Upstock. Fenton has spoken on the subject of trust at TEDxBologna, and on human ego.