What is Restorando?
Restorando operates as the leading online restaurant reservation platform across Latin America, connecting diners with over 5,000 restaurants and facilitating millions of seated experiences. The company's core mission is to elevate the regional dining scene by developing a superior restaurant discovery engine. This platform provides real-time opportunities for both merchants and diners, aiming to deliver a memorable in-restaurant experience. Founded in 2011 and headquartered in Buenos Aires, Restorando has established a significant presence with offices in key cities like Mexico City, Bogota, Sao Paulo, and Rio de Janeiro.
How much funding has Restorando raised?
Restorando has raised a total of $16.5M across 2 funding rounds:
Series A
$3.2M
Series B
$13.3M
Series A (2012): $3.2M with participation from Atomico, Storm Ventures, KaszeK Ventures, and Emergence Capital Partners
Series B (2013): $13.3M led by Atomico, Storm Ventures, Kaszek Ventures, Endeavor Catalyst Fund, Flybridge Capital Partners, and Emergence Capital Partners
Key Investors in Restorando
Atomico
Atomico is a European Venture Capital firm headquartered in London, with offices in Paris, Berlin and Stockholm. Its founder and CEO is Niklas Zennström, a serial entrepreneur who co-founded Skype and Kazaa.
Storm Ventures
Storm Ventures is an early-stage venture capital firm focused on B2B software startups, specializing in areas such as artificial intelligence, enterprise infrastructure, and cybersecurity. With over 23 years of experience and more than 200 investments, they assist founders globally in navigating their journey from inception to becoming industry leaders.
Kaszek Ventures
Kaszek is a venture capital firm focused on partnering with exceptional tech entrepreneurs in Latin America. They provide not only capital but also expertise in various areas such as strategy, operational execution, and product development.
What's next for Restorando?
With substantial enterprise-level backing and a recent strategic investment, Restorando is poised for accelerated growth and market penetration. The company's focus on enhancing its discovery platform and improving the diner-merchant experience suggests a strategic push towards solidifying its leadership in the Latin American market. Future developments are likely to involve technological advancements in user engagement, merchant tools, and potentially expanding its geographical reach or service verticals within the broader food-tech ecosystem. This sustained capital infusion signals confidence in Restorando's business model and its capacity to innovate within the dynamic online reservation sector.
See full Restorando company page
