When was Ritual founded?

Ritual was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Ritual located?

Ritual is headquartered in Toronto, Canada. It is registered at , .

How many employees does Ritual have?

As of Jul 31, 2026, the latest employee count at Ritual is 26.

Is Ritual a funded company?

Ritual is a funded company, having raised a total of $135M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2015.

When was the latest funding round of Ritual?

Ritual's latest funding was a $***** Series C round on Jun 01, 2020, with participation from 0 investor.

Where does Ritual rank among its competitors?

Ritual ranks 20th amongst 3505 active competitors, of which 233 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Owner, which secured $240M in Aug, 2026.

Who are the top competitors of Ritual?

Ritual's top competitors include Toast, Lunchbox and Olo. Among them, Owner secured the most recent funding round in August, 2026.

Ritual - 2026 Company Profile, Team, Funding & Competitors

Ritual is an acqui-hired company based in Toronto (Canada), founded in 2014 by Ray Reddy and Larry Stinson. It operates as a Social ordering app for corporate professionals to order food for takeaways. Ritual has raised $135M in funding from Insight Partners and Georgian. The company has 3505 active competitors, including 233 funded and 101 that have exited. Its top competitors include companies like Toast, Lunchbox and Olo.

Company Details

Ritual offers a social ordering app for corporate professionals to order food for takeaways. It allows users to browse through the menus of partnered restaurants and place orders for a pickup. Offers various pickup options such as picking up orders by themselves or by other co-workers by adding their food orders to existing orders of their co-workers. It also provides multiple corporate programs for employers with redeemable credits for their employees as wellness perks & benefits. The mobile application is available for Android and iOS users. Has won the Emerging Technology MAXI Gold Award in 2017.

Website: ritual.co
Social
Registered Address: ,

Key Metrics

Founded Year

2014

Location

Toronto, Canada

Stage

Acqui-Hired

Total Funding

$135M in 4 rounds

Latest Funding Round

Series C, Jun 01, 2020, $*****

Investors

Insight Partners & 13 more

Ranked

20^th among 3505 active competitors

Employee Count

26 as on Jul 31, 2026

Investment & Acquisitions

AllChecked.in

Similar Companies

Lunchbox & 1432 more

View Ritual's full profile

Ritual is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RITUAL TECHNOLOGIES, INC. CIN: 475252981 , United States, Active	Dec 26, 999	-	2 (As on Dec 31, 2021)	-

Ritual has raised a total funding of $135M over 4 rounds. Its first funding round was on 2015. Ritual has 13 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Ritual:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 01, 2020	1499786	Series C	7351389	6567281	6202524	7068560
Jun 06, 2018	6646810	Series C	6582332	5178456	8561880	Greylock Partners & 2 more
Sep 26, 2017	2039410	Series B	9949765	7019056	Insight Partners	Greylock Partners & 3 more

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View details of Ritual's funding rounds and investors

The founders of Ritual are Ray Reddy and Larry Stinson.

Here are the details of Ritual's key team members:

Ray Reddy: Former Co-Founder of Ritual and founder of 1 other company.
Contact Info: 1 email address
Larry Stinson: Founder of Ritual.
Contact Info: 1 email address

View details of Ritual's Founder profiles and Board Members

Ritual's employee count trend

Ritual has 26 employees as of Jul 26. Here is Ritual's employee count trend over the years:

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Top competitors of Ritual include Toast, Lunchbox and Olo. Here is the list of Top 10 competitors of Ritual, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Toast 2011, Boston (United States), Public	Cloud-based point of sale and management system for restaurants	$900M	Tiger Global Management, Bessemer Venture Partners ... & 30 others	82/100
2nd	Lunchbox 2019, New York City (United States), Series B	Provider of online ordering solutions for restaurants	$72.1M	Coatue, 645 Ventures & 20 others	80/100
3rd	Olo 2005, New York City (United States), Acquired	Provider of a platform for restaurant brands to manage digital operations	$73.6M	PayPal, Tiger Global Management & 10 others	80/100
4th	Odeko 2019, New York City (United States), Series E	Provider of online ordering solution for coffee businesses	$296M	B Capital, Notable Capital & 29 others	77/100
5th	Deliverect 2018, Ghent (Belgium), Series D	Streamlining restaurant and retail operations with end-to-end digital ordering solutions	$332M	Redpoint Ventures, DST Global & 7 others	71/100
6th	Paytronix 2001, Newton (United States), Acquired	Provider of digital guest engagement platform for restaurants and c-stores	$75M	Great Hill Partners, SVB & 1 others	71/100
7th	Owner 2019, Palo Alto (United States), Series D	AI-powered platform for restaurant online ordering, marketing, and customer loyalty	$429M	Altman Capital, Goldman Sachs & 41 others	71/100
8th	Foodics 2014, Riyadh (Saudi Arabia), Series C	Cloud-based POS and restaurant management system for efficient operations	$194M	Sanabil, Prosus & 15 others	70/100
9th	TouchBistro 2010, Toronto (Canada), Acquired	Cloud-based POS and restaurant management system	$321M	Kensington Capital Partners, Relay Ventures ... & 21 others	69/100
10th	SynergySuite 2011, Dublin (Ireland), Series B	AI-powered restaurant management software for streamlined operations and increased profitability	$28.6M	First Analysis, Oyster Capital Partners & 16 others	65/100
20th	Ritual 2014, Toronto (Canada), Acqui-Hired	Social ordering app for corporate professionals to order food for takeaways	$135M	Georgian, MaRS Discovery District & 12 others	60/100