Eat App

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Eat App
IndustryInternet
FoundedFebruary 2015 (2015-02)
FounderNezar Kadhem, David Feuillard
HeadquartersDubai, UAE
Area served
Worldwide
ProductsOnline restaurant reservations, Restaurant Table Management, Restaurant CRM.
Number of employees
11-50
Websiteeatapp.co

Eat App is a global restaurant reservation software company. It allows users to search and discover restaurants, and make reservations online.[1] The company charges restaurants for the use of Restaurant Manager by Eat, a reservation and table management system, and a per diner fee for online reservations. According to the company, the system has seated over 6,500,000 guests to date.[2][3]

Eat was founded by Nezar Kadhem and David Feuillard in 2015 and has raised $7,200,000 to date [4][5][6][7][8][9] from Silicon Valley's 500 startups, Middle East Venture Partners (MEVP), Derayah VC, amongst other business angels. The company is currently operational across the Middle East, with offices in Bahrain and Dubai.

Product overview[edit]

The service allows users to discover restaurants, search for available time slots and reserve a table online. The reservation is synced in real-time to Restaurant Manager by Eat, a reservation system installed at the restaurant. After the reservation is complete, the user receives a confirmation email and SMS, and is able share the reservation details with friends, update or cancel the reservation and book an Uber to the restaurant.[10] Eat App offers restaurants a reservation system that replaces the traditional pen and paper method, to allow for a digital record of all reservations, all guests that have previously visited the restaurant, as well as analytics on the performance of the restaurant.

History & Investments[edit]

On February 2015, Eat App raised $300k from Bahrain-based business angel group TENMOU. [11][12]

On June 2018, Eat raised $1.2 million from Dubai-based Middle East Venture Partners (MEVP).[13]

On February 2020, Eat App raised $5 million in a Series B funding round led by 500 Startups, Derayah Venture Fund, and MEVP, with participation from a few angel investors and family members.[14]

References[edit]

  1. ^ "Key Tenmou-backed app raises $300,000 funding". Gulf Digital News. January 29, 2015.
  2. ^ "How to reach a million customers in one year". Wamda. Retrieved 2017-06-21.
  3. ^ "Middle East based Restaurant Reservations Start-up seats its 600,000th diner". Prleap. August 12, 2015. Retrieved August 12, 2015.
  4. ^ Zaher, Amany. "Eat App Raises $5M In New Funding Ahead Of Saudi Expansion". Forbes. Retrieved 2020-02-16.
  5. ^ Puthuparampil, Jojo. "Eat 'Eats' Up $2 Million In New Funds To Take The Fight To Reserve Out | Inc. Arabia". Inc. Arabia. Retrieved 2017-06-21.
  6. ^ "Eat app raises $2 million in new funding". www.tradearabia.com. Retrieved 2017-06-21.
  7. ^ "Bahrain's Eat raises $2M". Wamda. Retrieved 2017-06-21.
  8. ^ "Bahrain's answer to OpenTable announces $300,000 second investment round". Wamda. January 21, 2015. Retrieved January 21, 2015.
  9. ^ "Bahrain's funding options: startups and investors weigh in". Wamda. November 25, 2014.
  10. ^ Hobba, Danya Bashir (June 11, 2015). "Uber to your favorite restaurant with EatApp". Uber.
  11. ^ "Bahrain's answer to OpenTable announces $300,000 second investment round". Wamda. January 21, 2015. Retrieved January 21, 2015.
  12. ^ "Bahrain's funding options: startups and investors weigh in". Wamda. November 25, 2014.
  13. ^ East, Forbes Middle. "Restaurant Booking App Eat Secures New Funding From MEVP, Bringing Total Investment To $3.4 Million". Forbes ME. Retrieved 2020-03-02.
  14. ^ Wahab, Wajiha (2020-02-15). "Eat - Bahrain-based restaurant booking platform raises $5 Mn". LAFFAZ. Retrieved 2020-03-02.

External links[edit]