Olo IPO
Olo is a leading restaurant technology platform that provides digital ordering, delivery, and customer engagement solutions for multi-location restaurant brands. The company's SaaS platform helps restaurants manage online ordering across multiple channels and integrate with third-party delivery services. Olo went public in 2021 and trades on the NYSE under the ticker OLO.
Key Facts
| Industry | Restaurant Technology |
| Founded | 2005 |
| Headquarters | New York, NY |
| Employees | ~800 |
| Website | olo.com |
| Funding | IPO in March 2021 at $25 per share |
About Olo
Olo operates a leading on-demand commerce platform specifically designed for multi-location restaurant brands. The company's software-as-a-service platform enables restaurants to increase revenue, maximize profitability, and enhance guest experiences across all digital ordering channels including mobile apps, websites, kiosks, and third-party marketplaces. Olo's platform integrates ordering, payment processing, and customer engagement tools while connecting with major delivery services like DoorDash, Uber Eats, and Grubhub.
The company serves over 700 restaurant brands encompassing more than 84,000 locations, including major chains like Subway, Five Guys, and Sweetgreen. Olo went public in March 2021 and has positioned itself as essential infrastructure for the restaurant industry's digital transformation, particularly accelerated by the COVID-19 pandemic. Their platform processes billions of dollars in transactions annually and provides restaurants with valuable data analytics to optimize operations and customer relationships across the increasingly complex digital dining ecosystem.
IPO Status
Olo completed its initial public offering in March 2021, pricing shares at $25 and raising approximately $450 million. The company began trading on the New York Stock Exchange under the ticker symbol OLO. The IPO came during a period of strong growth for restaurant technology companies as the pandemic accelerated digital ordering adoption. Since going public, Olo has continued to expand its platform capabilities and customer base, focusing on helping restaurant brands improve their digital ordering and customer experience capabilities. The company has benefited from the ongoing digital transformation in the restaurant industry and the growing importance of off-premise dining.
Competitors
Frequently Asked Questions
Does Olo have a stock?
Yes, Olo completed its IPO in March 2021 and trades publicly on the New York Stock Exchange. The restaurant technology company has been publicly traded since early 2021.
When is the Olo IPO date?
Olo's IPO already occurred in March 2021 when the company went public at $25 per share. The company is currently publicly traded and available for investment.
How can I buy Olo stock?
You can buy Olo stock through any brokerage account as the company trades publicly on the NYSE under ticker symbol OLO. Shares are available for purchase during market hours through online brokers, traditional brokerages, or investment apps.
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