What is Restorando?
Founded in 2011 and headquartered in Buenos Aires, Restorando has established itself as a leader in revolutionizing the dining experience across Latin America. The platform currently partners with over 5,000 restaurants and has facilitated reservations for 20 million diners. Restorando's core mission is to elevate the region's culinary standards by developing a superior restaurant discovery engine. This involves providing real-time opportunities for both merchants and diners, ultimately aiming to deliver a memorable in-restaurant experience. The company's strategic vision extends to its operational footprint, 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 KaszeK Ventures, Emergence Capital Partners, Atomico, and Storm Ventures
Series B (2013): $13.3M led by Storm Ventures, Atomico, Emergence Capital Partners, Endeavor Catalyst Fund, Kaszek Ventures, and Flybridge Capital Partners
Key Investors in Restorando
Storm Ventures
Storm Ventures is an early-stage venture capital firm focused on B2B software startups, specializing in areas such as artificial intelligence and enterprise infrastructure. They assist founders globally in navigating their journey from inception to becoming industry leaders.
Atomico
Atomico is a European Venture Capital firm headquartered in London, known for its investments in technology companies and its founder's background with Skype. They support entrepreneurs in scaling their ventures.
Kaszek Ventures
Kaszek Ventures is a venture capital firm focused on partnering with exceptional tech entrepreneurs in Latin America, providing capital and expertise to support companies from early stages through pre-IPO financing.
What's next for Restorando?
With a substantial enterprise-level funding context and a recent strategic investment, Restorando is poised for significant scaling. The company's focus on enhancing its restaurant discovery platform and improving the in-restaurant experience suggests a strategic push towards deeper market penetration and potentially new service offerings. This latest backing will likely support technological advancements, geographic expansion within Latin America, and strengthening partnerships with its extensive network of restaurants. The trajectory indicates a company moving towards solidifying its dominance in the online reservation sector.
See full Restorando company page
