When it launched in 2005, Olo (then GoMobo) was the first United States company to offer text message ordering capabilities;[11] it launched its iPhone-based app in 2009.[12] The company has raised USD $63.25 million in total funding from Founder Collective, RRE Ventures, Core Capital, PayPal, Staley Capital, the Raine Group, and Danny Meyer, CEO of Union Square Hospitality Group, and members of Olo's board.[13][14]