Renaissance Capital logo

Olo Priced, NYSE: OLO

Provides a SaaS platform to restaurants for online ordering and delivery.

Industry: Technology

First Day Return: +39.0%

Industry: Technology

Olo provides a leading cloud-based, on-demand commerce platform for multi-location restaurant brands. Our platform powers restaurant brands’ on-demand commerce operations, enabling digital ordering and delivery, while further strengthening and enhancing the restaurants’ direct consumer relationships. Consumers today expect more on-demand convenience and personalization from restaurants, particularly through digital channels, but many restaurants lack the in-house infrastructure and expertise to satisfy this increasing demand in a cost-effective manner. Olo provides restaurants with a business-to-business-to-consumer, enterprise-grade, open SaaS platform to manage their complex digital businesses and enable fast and more personalized experiences for their customers. Our platform and application programming interfaces, or APIs, seamlessly integrate with a wide range of solutions, unifying disparate technologies across the restaurant ecosystem. Restaurant brands rely on Olo to increase their digital and in-store sales, maximize profitability, establish and maintain direct consumer relationships, and collect, protect, and leverage valuable consumer data.
more less
IPO Data
IPO File Date 02/19/2021
Offer Price $25.00
Price Range $20.00 - $22.00
Offer Shares (mm) 18.0
Deal Size ($mm) $450
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/16/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $450
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2005
Employees at IPO 433
Website www.olo.com

Olo (OLO) Performance