Ordio rakes in seven-figure sum

The Cologne-based start-up was able to convince 18 investors in its pre-seed financing round.

Cologne-based start-up Ordio has raised a seven-figure sum in its pre-seed financing round. According to the startup, as many as 18 business angels and investors invested, including Käfer Capital, Allygatr, Tiny Ventures and Elmar Broscheit of Gorillas.

Ordio aims to become an "all-in-one system" for shift-based businesses. "It's crazy how many companies still organize themselves with pen and paper or Excel, even though the digital possibilities are virtually unlimited," says managing director and co-founder Davi Keuenhof. "With Ordio, we want to seamlessly optimize all processes in shift operations, via a super intuitive app for all employers and employees." All personnel and administrative tasks are to be managed via it.

According to Ordio, 80 customers from 13 different industries are already using the startup's offering. These include companies from the retail, manufacturing, care, temporary staffing and hospitality sectors. "Ordio convinced me immediately: I've never seen such a well-designed tool that will simplify everyday work for HR and employees so much," says Thomas Perlitz, Principal at Allygatr, about the investment decision. "We have 2.8 billion people worldwide who don't work at a desk. Ordio digitizes this unjustly neglected area."