Olo Inc.

Olo Inc. is an American technology company primarily engaged in the provision of business-to-business software solutions with a focus on the development of digital ordering and delivery programs for restaurants and hospitality services. The firm was founded in 2005 and has its headquarters in New York City. The Olo platform allows restaurants to capture demand and manage consumer orders from every channel. Over 400 restaurant brands use the Olo platform, which facilitates on-demand commerce operations, covering digital ordering and delivery through online and mobile ordering modules. The firm’s Software as a Service (SaaS) platform best serves multi location restaurants and is used by well-known chains including Denny’s, Chili’s, Qdoba, and Five Guys. In November 2021, the firm completed the acquisition of Wisely Inc. in a $187 million deal, involving a combination of $77 million in cash and approximately 3.69 million shares of the firm’s Class A common stock. In its acquisition of Wisely, Olo has added a leading customer intelligence platform that enables restaurant brands to personalize the guest experience to maximize customer lifetime value. Olo Inc. is listed on the NYSE under the ticker OLO. Add this stock to your eToro virtual portfolio today to get real time updates on OLO share price movements.