Zhong Xu
Overview
Zhong Xu is a seasoned entrepreneur and angel investor specializing in technology and hospitality sectors. He is the Co-Founder and CEO of Deliverect, a company that provides a software solution to help restaurants improve their delivery operations. Under his leadership, Deliverect has expanded its global presence, serving over 68,000 restaurant locations worldwide and processing over 1 billion orders to date. The company has secured significant funding, including a $150 million Series D round in January 2022, valuing it at $1.4 billion. Prior to founding Deliverect, Xu co-founded POSIOS, a cloud-based point-of-sale system for the hospitality industry, which was acquired by Lightspeed in 2014. He then served as the Global Director of Hospitality at Lightspeed, expanding their platform to over 100 countries. Xu's earlier experience includes working as a Senior Software Engineer at EVS Broadcast Equipment, where he developed mobile and cloud solutions for major events like the London Olympics and the FIFA World Cup. As an angel investor, Xu has demonstrated a keen interest in technology-driven solutions within the hospitality and food delivery sectors. His investments focus on companies that leverage software and cloud technologies to enhance operational efficiency and customer experience. Xu's strategic vision and expertise have been instrumental in the growth and success of the ventures he has been involved with, reflecting his commitment to innovation and excellence in the industry.
Investment Focus
- Proven market demand
- Scalable business model
- Experienced management team
- Innovative technology solutions
- Strong growth potential
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Zhong Xu
What sectors does Zhong Xu invest in?
Zhong Xu invests in Financial Services, Technology, Software, E-commerce, Logistics and SaaS, and is based in New York, United States. Zhong Xu is listed as a angel in the ConnectSafely investor database.
What stage does Zhong Xu invest at?
Zhong Xu backs companies at Seed, Early Stage, Series A, Series B, Growth and Late Stage, writing cheques of 1M - 50M.
Which regions does Zhong Xu invest in?
Zhong Xu invests across United States, United Kingdom, Canada, Australia, France and Denmark.
What companies has Zhong Xu invested in?
Zhong Xu's portfolio includes Deliverect and POSIOS.
How do I contact Zhong Xu?
Zhong Xu's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of the team.
Last updated · Source: ConnectSafely investor database
