[Funding news] CA-based Orderful has Secured $15Million in Growth Funding

Orderful, an EDI platform provider, has raised $15 million in growth funding. This round was led by NewRoad Capital Partners, with participation from new investors 9Yards, Flume Ventures, and NFI Ventures, as well as existing investors Andreessen Horowitz and GLP Partners.

As part of the investment, Gregoire Lehmann from NewRoad Capital will join Orderful’s board of directors, while Josh Jewett, NewRoad’s Operating Partner and former CIO at Family Dollar and Dollar Tree, will serve as a board observer.

The funding will be used to speed up product development and support it’s global expansion efforts.

Read also – [Funding news] NC-based mPATH Secures $3Million in Funding

Orderful, led by CEO Erik Kiser, provides an EDI platform that helps logistics providers, retailers, manufacturers, and tech companies manage their EDI partnerships and transactions in real time. Its built-in integrations and pre-connected network make it easy to onboard new partners with minimal errors.

Many companies, like NFI, Koch Industries, Pepsi Logistics, G-III Apparel Group, Liquid Death, and Continental Mills, already use Orderful’s platform.

About Orderful

Orderful’s modern EDI system standardizes integrations and speeds up testing, connecting businesses with partners 10 times faster than traditional solutions.