Many travelers, particularly wealthy ones, will always look to dine in the most exclusive restaurants any destination offers. Restaurant dining, however, is just one of a variety of food experiences travelers are looking for and mobile dining reservations apps should consider this as they expand.
Here are three companies that announced they raised funding this week. You can see previous roundups here.
>>Velocity raised a $22.5 million Series B round from new investors DIG Investments, Barry Sternlicht, founder of Starwood Hotels Group, and John Paul, a Paris-based concierge service. This brings the New York City and London-based company’s total funding to nearly $40 million.
The Velocity dining reservations app features a locally curated selection of restaurants in New York City, London, San Francisco, Los Angeles and Miami. The 1,100-plus available restaurants include New York City’s Blue Hill and Toro restaurants and San Francisco’s Slanted Door and Cala restaurants.
The company was founded in 2014 and plans to use this new funding to expand to an additional 29 cities by 2020. It’s also acquired three other global restaurant platforms including Cover, a dining mobile payments app in the U.S., Tab Payments, a Canadian mobile payments app for Toronto and Montreal and Uncover, a restaurant mobile reservations app in the U.K.
>>Travelio raised a $2 million seed round from Gobi Partners, Surya Semesta Internusa, Tian Gu and Zhenzhen. This is the Jakarata, Indonesia-based startup’s first funding round. The company is a short-term rental booking site for Indonesia and was founded in 2014.
>>Travello, an Australia-based site connecting solo travelers, raised a $945,000 seed round from undisclosed angel investors. Its mobile app launched in 2015 and the company claims to have users in more than 180 countries.
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Photo Credit: The Velocity dining reservations app features a locally curated selection of restaurants in New York City, London, San Francisco, Los Angeles and Miami. Velocity
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