Record Gross Merchandise Volume
Olo powered $29 billion in gross merchandise volume in 2024, making it the second largest brand in North America by sales volume.
Doubling Gross Payment Volume
Olo more than doubled its gross payment volume to $2.8 billion in 2024 from $1 billion in 2023.
Expansion of Borderless Accounts
Olo increased its borderless accounts from 2 million to nearly 15 million year-over-year.
Strong Financial Performance
Q4 revenue was $76.1 million, up 21% year-over-year, exceeding revenue and non-GAAP operating income guidance ranges.
High Customer Retention
Net revenue retention was 115%, with a gross revenue retention rate above 98% and ARPU growth of 12% year-over-year.
Strategic Partnerships
Announced a partnership with FreedomPay to enhance Olo Pay card-present functionality, accelerating time to market.
Successful Product Innovations
Released 13 product enhancements, including AI-powered menu recommendations and deeper analytics in Engage.