What is Reserveout?
Reserveout operates as a comprehensive digital ecosystem designed to streamline the interaction between hospitality, entertainment, and dining venues and their clientele. By providing a robust, interactive web and mobile interface, the platform enables users to search and secure bookings in real-time. Simultaneously, it offers venue owners a sophisticated electronic portal for resource management, table tracking, and service optimization. This dual-sided marketplace approach has allowed Reserveout to establish a strong footprint in major regional hubs, including Dubai, Abu Dhabi, and Amman, effectively digitizing the traditional reservation book into a powerful, emergent database for enterprise-level operations.
How much funding has Reserveout raised?
Reserveout has raised a total of $4M across 1 funding round:
Series A
$4M
Series A (2016): $4M with participation from iMENA Group companies, 500Startups, Jisr Venture Partners, and Silicon Badia
Key Investors in Reserveout
iMENA Group companies
iMENA is a regional internet champion that specializes in building and scaling high-growth digital marketplaces across the Middle East and North Africa.
500Startups
A globally recognized venture capital firm headquartered in California, known for its extensive portfolio of early-stage and growth-stage technology investments.
Jisr Venture Partners
An investment firm focused on growth-stage capital, providing strategic guidance and operational expertise to scalable businesses in the consumer internet and fintech sectors.
What's next for Reserveout?
With the infusion of this recent capital, Reserveout is well-positioned to accelerate its expansion strategy across the remainder of the Middle East and Turkey. The company's roadmap focuses on deepening its technological infrastructure to support higher transaction volumes and more complex venue requirements. By leveraging the strategic guidance of its investor base, Reserveout aims to refine its consumer-facing features while enhancing the backend analytics tools that venue owners rely on for operational efficiency. As the digital transformation of the regional hospitality sector continues, Reserveout remains a key player in defining the next phase of customer service and venue management.
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