Overview
Founded in 2018 by Zhong Xu and Jan Hollez, Deliverect solves a core operational problem for restaurants: managing orders from multiple delivery platforms through a single integration layer. Instead of manually juggling tablets for each delivery app, restaurant staff see all incoming orders in one place, synchronized with their existing POS system.
The company grew rapidly during the COVID-19 period as food delivery volumes accelerated globally. It achieved Unicorn status and now operates across dozens of countries, serving restaurant chains, ghost kitchens, and hospitality groups. Total funding raised stands at $332M.
In December 2024, Deliverect acquired Tabesto, a French self-ordering kiosk company, extending its platform from delivery channel management into in-venue ordering.
Deliverect is headquartered in Ghent and represents one of the city's most significant startup success stories alongside TechWolf and Showpad.
Media & appearances
- The HarbourYouTubeJAN HOLLEZ - From Startup to Unicorn: The Deliverect Story with Jan HollezFounded ~2018 by Hollez and co-founders to connect restaurants with delivery channels; raised €3M, €16M, €65M and €150M rounds and became a unicorn with ambitions to be the global category leader in delivery.
- Ben's MentorsYouTubeHoe Maak Je Presentaties Die Miljoenen Ophalen?Shoow designed the investor deck that helped Deliverect raise $65 million in its Series funding, the turning point that pushed Matthias full-time.
- Ben's MentorsYouTubeJürgen Ingels: Succes Als Ondernemer Is Niet Wat Je Denkt!Cited as one of the successful companies from the Smartfin portfolio.
- SuperNovaYouTubeDeliverect’s moonshot: delivering the first hamburger to the moon | Polestar Conversations Ep. 4Belgian unicorn connecting delivery platforms with restaurants; grew from 0 to 500 people in three years and frames its vision as delivering the first hamburger to the moon.
- SuperNovaYouTubeSuperHero Conversations EP4 | Zhong Xu - CEO and co-founder of DeliverectDigital order management system for restaurants and retailers, founded 2019, powering 60,000+ locations in 50 markets with ~500 staff and 13 offices, nearing 1 billion orders processed.
- SuperNovaYouTubeSuperHero Conversations EP3 | Sven De Cleyn - imec.istart & Niels Van Damme - OTIVThe one unicorn in imec.istart's portfolio, one of five Belgian tech unicorns.
- ConnexiYouTube#82 Jean-Paul Godfroy (Huswell) over actie, samenwerking en balans als sleutel tot succes.Used as an analogy: Huswell wants to be the Deliverect/Uber-style one-stop platform for the short-term rental industry.
- BlackBird Business EventsYouTubeBlackBird Podcast aflevering 59: Jürgen IngelsMentioned as a company SmartFin helped build.
Stated facts & numbers
- The Deliverect investor deck Shoow designed helped raise $65 million.Ben's Mentors 2026-03-040:21:00
- Deliverect was founded around 2018, roughly 8 years before the recording.The Harbour 2026-05-280:34:16
- Deliverect's first round was €3 million in 2019, described as enormous for a seed in the Benelux at the time.The Harbour 2026-05-280:38:24
- Less than a year after the seed, Deliverect raised a ~€16 million round with Omers.The Harbour 2026-05-280:39:24
- Deliverect raised €65 million in 2021 and €150 million about a year later.The Harbour 2026-05-280:40:56
- Deliverect was founded at the end of 2018.SuperNova 2025-12-030:01:37
- Deliverect grew from zero to 500 employees in three years and has held at ~500 people for the past two to three years.SuperNova 2025-12-030:01:37
- Deliverect reached unicorn status after roughly two and a half to three years.SuperNova 2025-12-030:02:08
Funding & milestones
5 events found for Deliverect · 2019–2024
Series AVenture / equity1 sourceEUR 3M
Reported amount EUR 3,000,000
Contemporaneous CEO interview reports €3m Series A financing from Newion and SmartFin.
Series BVenture / equity1 sourceEUR 16.25M
Reported amount EUR 16,250,000
Company announcement reports €16.25m Series B financing; founders also participated.
Series CVenture / equity1 sourceUSD 65M
Reported amount USD 65,000,000
Company release announces $65m Series C financing; processed order value is a separate operational metric.
Series DVenture / equity1 sourceMore than USD 150M
Company announcement reports more than $150m Series D funding, with a separate $1.4bn valuation.
InvestorsCoatue ManagementAlkeon Capital ManagementAcquisition1 sourceAmount not disclosed
Deliverect acquired Tabesto on December 3, 2024; this is not an acquisition of Deliverect or a financing received by Deliverect. The purchase price was not disclosed in the company announcement.
Recorded history so far. Original currencies are preserved; amounts in different currencies are not added together. Debt, grants, acquisitions and listings are separate event types. Undated events appear last.
Profile narrative
- Deliverect Series D 2022 - $150M Series D led by Coatue2022$1.4B valuation (Unicorn)
- Deliverect Acquires Tabesto 2024 - Acquired TabestoDec 2024
Key people
In the news
- It’s amazing to see how we are powering world largest brands with their full omnichannel journey. From in store kiosk, app, web, marketplaces all connected in 1 commerce engine! That’s what we do Deliverect, the system of record! Let’s go!
- At Deliverect, we’ve always believed in a partner-first vision for the restaurant ecosystem. We build the engine and we collaborate with best-in-class partners to give enterprise brands the custom experiences they want. 🤝 That’s exactly why our partnership with Bounteous is so powerful: The Engine: Deliverect handles rock-solid order routing direct to the kitchen with zero manual re-entry. The Customization: Bounteous’ NOMNOM™ platform delivers hyper-personalized, guest-first digital experiences across every channel. The Scale:
- Jürgen Ingels en Deliverect-topper Jan Hollez willen met fonds van 150 miljoen Belgische ruimtevaart en defensie boosten06/04 Smartfin, het investeringsfonds van de fintechpionier Jürgen Ingels, richt in zijn schoot een fonds op dat 150 miljoen euro wil ophalen om in Belgische ruimtevaart- en defensietechnologie te investere...
Open roles
- Account ExecutiveGhent, Flemish Region · Aug 26, 2026
- Head of Infrastructure & SecurityGhent, Flemish Region · Jun 11, 2026
- Account ManagerGhent, Flemish Region · May 19, 2026
Alumni 2 went on to found or lead
Tijl CoenenMarket Lead DACH→Co-Founder at Fyndera
Xander BerkeinTeam Lead→CTO & Founder at Donna
Backers
Smartfin
Belgian VC firm focused on tech and deep tech, founded and led by Jurgen Ingels.
Related profiles
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