- Olo provides a cloud-based, on-demand commerce platform for multi-location restaurant brands.
- Their platform has three primary modules, Ordering, Dispatch, and Rails, that help restaurants streamline the online ordering and delivery process while optimizing the rest of the process.
- Olo is a first mover in this space, but I worry about potential competitors they will face as restaurant growth continues in the U.S.
- Because the company does not have any clear and strong competitive advantages, I would recommend that investors keep an eye on Olo, but avoid investing today.
For further details see:
Olo Is A Strong First-Mover, But Investors Should Wait Before Jumping In