Five V Capital is excited to announce our investment in Ordermentum, Australia's leading AI-powered operating system for hospitality, connecting venues and suppliers across ordering, payments and data. This marks Fund V's fifth investment.
Founded in 2014, Ordermentum has built Australia's largest digital network connecting wholesale food and beverage suppliers with the venues they serve, spanning c.1,000 suppliers and c.47,000 venues, with more than $7bn in cumulative gross merchandise value processed on the platform. The platform is embedded in the daily workflows of the industry, enabling businesses to operate more efficiently and make better decisions using real-time information.
We look forward to supporting Adam Theobald (Founder & CEO) and the talented Ordermentum team through the next phase of growth, as they continue to expand their offering and digitise the hospitality sector. This partnership aligns with Five V's strategy of backing high-quality, founder-led businesses with strong growth potential.
Thank you to our advisers: Johnson Winter Slattery, Grant Samuel, Alvarez & Marsal, Crosslake Technologies and L.E.K. Consulting.
