t’order, a Seoul, South Korea-based provider of table-ordering services, raised $23M in Series B funding.
Backers included Korea Development Bank, LB Investment, and other investors.
The company intends to use the funds to expand operations and its development efforts.
Founded in 2019 and led by CEO Austin Kwon, t’order provides SaaS-based services to large corporations, VAN providers, and POS companies. The company currently holds over 60% of the domestic table-ordering market share. According to its 2023 audited financial report, it generated USD 45.8M (KRW 59.6 Billion) in revenue, marking a 77% year-on-year growth. As part of its global expansion strategy, the company established a Canadian subsidiary in 2022 and formed a U.S. subsidiary in the second half of last year, accelerating its entry into global markets.
FinSMEs
07/01/2025