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Olo Priced, NYSE: OLO

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

Industry: Technology

Latest Trade: $4.88 0.00 (0.0%)

First Day Return: +39.0%

Return from IPO: -80.5%

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.
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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 $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
Underwriters
Goldman Sachs
J.P. Morgan
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Company Data
Headquarters New York, NY, United States
Founded 2005
Employees 433
Website www.olo.com

Olo (OLO) Performance