What is Quandoo?
Founded in 2012 and headquartered in London, United Kingdom, Quandoo operates a specialized platform for online restaurant reservations. The company has established itself as a key facilitator connecting diners with dining establishments through its technology. Its focus on the digital transformation of the restaurant booking experience has positioned it as a significant entity within the hospitality tech industry.
How much funding has Quandoo raised?
Quandoo has raised a total of $37.5M across 3 funding rounds:
Series A
$4.5M
Series B
$8M
Series C
$25M
Series A (2013): $4.5M with participation from Sixt Rental Cars, HV Capital, and TA Capital
Series B (2014): $8M led by DN Capital, Atlantic Capital Partners, and Holtzbrinck Ventures
Series C (2014): $25M supported by DN Capital, Piton Capital LLP, and Holtzbrinck Ventures
Key Investors in Quandoo
DN Capital
DN Capital is a global early-stage venture capital firm founded in 2000, with offices in London, Berlin, and San Francisco. The firm focuses on investing in Seed, Series A, and select Series B opportunities across four key sectors: Software, AI, Fintech, and Consumer Internet.
Holtzbrinck Ventures
Holtzbrinck Ventures is a venture capital firm that invests in technology companies. They focus on early-stage and growth-stage investments, particularly in sectors like software, e-commerce, and digital media.
Piton Capital LLP
Piton Capital specializes in investing in online businesses that exhibit network effects. The company operates in major cities such as London and Amsterdam. Their focus is on identifying and supporting ventures that leverage the power of interconnectedness to drive growth.
What's next for Quandoo?
With the recent major strategic investment, Quandoo is poised for accelerated growth and market penetration. The company is likely to leverage this capital to enhance its platform features, expand its geographical reach, and strengthen its partnerships within the global restaurant ecosystem. This strategic backing suggests a focus on scaling operations and solidifying its competitive advantage in the online reservation market.
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