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Restaurant Software Maker Olo Is Exploring a Potential Sale

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By Ryan Gould

April 30, 2025 at 8:57 PM UTC

Updated on

May 1, 2025 at 1:46 PM UTC

This article is for subscribers only.

Restaurant software provider Olo Inc. is exploring a potential sale after attracting takeover interest, according to people familiar with the matter. The stock rose as much as 11%.

Olo, which counts restaurateur Danny Meyer and The Raine Group among its backers, is working with a financial adviser to help it gauge interest from potential buyers, the people said, asking not to be identified because the information is private.