Order.co
Order.co is a company.
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Leadership Team
Key people at Order.co.
Order.co is a company.
Key people at Order.co.
Key people at Order.co.
Order.co is a B2B ecommerce and procurement platform founded in 2016 and headquartered in New York City, designed to simplify business purchasing by automating the procure-to-pay process from requisition to payment.[1][2][4] It serves finance, operations, and procurement teams at growing companies like WeWork, SoulCycle, and Lume, managing nearly half a billion dollars in annualized spend across hundreds of customers through features like centralized vendor purchasing, automated approvals, invoice consolidation, and real-time spend analytics.[1][2][4] The platform solves fragmented workflows, manual invoicing, and spend visibility issues by integrating predictive AI and embedded fintech for cost savings, efficiency, and control, with over $70M raised from investors including Stage 2 Capital and 645 Ventures.[1][3]
Order.co originated as Negotiatus in 2016, founded by Brendan Eapen, Matt Garippa, Tom Jaklitsch, and Zachary Garippa in New York City, driven by the founders' observation that business purchasing was overly complex, causing wasted time, money, and chaos for finance and operations teams as companies scaled.[2][3] The idea emerged from recognizing a gap in the market: while point solutions addressed isolated pain points, no platform tackled the entire buying process from the point of purchase, including vendor connections and payments.[2] Early traction came from rebranding to Order.co to better reflect its core value of streamlining orders and payments for all parties, evolving into a guided B2B marketplace with AI-powered tools; pivotal growth included overseeing massive spend volumes and earning recognitions like "50 to Watch" by Spend Matters.[1][2]
Order.co rides the procure-to-pay digitization trend amid rising operational costs and supply chain pressures, where businesses seek unified platforms over siloed tools to achieve spend efficiency and resiliency.[2][7] Timing aligns with AI maturation in enterprise software, enabling predictive procurement and automation that legacy systems lack, fueled by market forces like remote work, inflation-driven cost controls, and demand for embedded fintech.[5][7] It influences the ecosystem by empowering mid-market growth companies (e.g., WeWork-scale) with scalable tools, fostering vendor relationships, and promoting sustainability via AI-driven sourcing, while its $70M+ funding and customer traction signal validation in the $10B+ procurement software space.[1][3]
Order.co is poised to expand its AI Command Center into full production, deepening AI agents' role in predictive spend management and customization for enterprise-scale resiliency amid economic volatility.[5][7] Trends like AI-embedded fintech, sustainability mandates, and zero-touch procurement will accelerate adoption, potentially doubling annualized spend under management as it targets larger teams and global vendors. Its evolution from Negotiatus underscores adaptability, positioning it to redefine B2B buying efficiency and capture share in a fragmented market—transforming procurement chaos into streamlined growth.[2]
