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Vori Series A Pitch Deck: $10M raised to disrupt grocery with SaaS

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Vori Series A Pitch Deck: $10M raised to disrupt grocery with SaaS

Vori heralds itself as the only modern B2B operating system for the grocery industry.

The idea of Vori was born in 2019 from Tori and Leon Hill, who spent their 40 year careers in the grocery and consumer products space.

Vori has announced the completion of a $10 million Series A funding round, led by The Factory, with participants including Greylock, E2JDJ, MKT1, and Vori flagship customer, Mollie Stone’s Markets.

See more at bestpitchdeck.com/vori

Vori heralds itself as the only modern B2B operating system for the grocery industry.

The idea of Vori was born in 2019 from Tori and Leon Hill, who spent their 40 year careers in the grocery and consumer products space.

Vori has announced the completion of a $10 million Series A funding round, led by The Factory, with participants including Greylock, E2JDJ, MKT1, and Vori flagship customer, Mollie Stone’s Markets.

See more at bestpitchdeck.com/vori

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Vori Series A Pitch Deck: $10M raised to disrupt grocery with SaaS

  1. 1. The OS for Grocery Order management Inventory management Analytics March 2022 www.vori.com
  2. 2. Vori is a vertical SaaS solution for local and regional supermarket chains
  3. 3. Spring 2022 www.vori.com Vori at-a-glance , 299 active grocery stores , Hundreds of active stores. 57% Q/Q growth , Deep integration with dozens of paid customers , Thousands of stores on the waiting list
  4. 4. We understand grocery CEO’s parents 40 years of grocery experience
  5. 5. Spring 2022 www.vori.com Our market: Independent Grocery Chains G $250B independent grocer marke? G 30,000 locations across US, G 33% of U.S. marketshar6 G Fastest growing sub-category of brick & mortar supermarkets
  6. 6. Spring 2022 www.vori.com Grocery stores still run on pencil and paper 1. Grocery stores require lots of labor to run a low margin business 2. This human labor makes mistakes which causes products to be sold for less than they cost 3. Workers lack supply chain data which results in costly out of stocks and food waste 4. Grocers are already , yet still have problems 1-3 paying billions for software a year
  7. 7. March 2022 www.vori.com Spring 2022 www.vori.com Count inventory Place order Receive load Stock and price How these stores operate today
  8. 8. Spring 2022 www.vori.com Labor shortages Supply chain crisis Inflation on cost of goods Amazon Suddenly, COVID changed everything in grocery
  9. 9. MeetVori,theall-in-onegrocerybackoffice Inventory management Order management Analytics Spring2022 www.vori.com LIVE Q2LAUNCH Q2LAUNCH
  10. 10. www.vori.com Whatretailersaresaying Spring2022 www.vori.com BERKELEY BOWL MARKETPLACE TocontinuetoinnovateatBerkeleyBowl,it wasnecessarytoconsideraback-office solutionthatbringstogetherthePOS lifecycleincludingordering,receiving, inventory,andinvoicingespeciallyforour directvendors.Aflexibleandhighly customizablesolutionwasnecessarywhich distinguishestheVorisolutionfromany othersolutiononthemarkettoday. JohnFukumoto DirectorofIT
  11. 11. Thelargestundigitizedretailsegmentonearth Spring2022 www.vori.com March2022 U.S.IndependentSupermarkets U.S.AllGroceryStores GlobalGroceryStores $11.7Ttotalspend $765Btotalspend $250Btotalspend 25%-33% ofmarketshare inlastdecade fastgrowing
  12. 12. Competing against legacy systems Spring 2022 www.vori.com ORDER MANAGEMENT SUPPLIER PLATFORM AUTO-PRICE UPDATES CUSTOM ANALYTICS GROCERY INVENTORY MGMT EASE OF USE
  13. 13. Our team was born for this

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