Ordermark Raises $120 Million

29-year-old CEO of Ordermark, Alex Canter, has built a decentralized ghost kitchen and has managed to convince SoftBank’s latest Vision Fund to invest in a $120 million round. Investors from the latest Vision Fund first reached out to Canter shortly after the company announced its last round of funding in 2019. Canter had just begun experimenting with Nextbite at the time, but now the business is driving a huge chunk of the company’s revenues and could account for a large percentage of the company’s total business in the coming year.