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Food tech’s newest unicorn Flipdish hits $1.25bn valuation after raising c.$100m

Food tech's newest unicorn Flipdish hits $1.25bn valuation after raising c.$100m
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The investment will be used to grow global operations, fund research and development in products that improve the digital experience of the hospitality industry for consumers, and support new customers such as hotels, stadiums, cinemas, and airports.

Founded by brothers Connor and James McCarthy In 2015, Flipdish allowed hospitality companies to deliver seamless digital experiences to consumers that drive business growth. Unicorn provides technology that supports QR code ordering and table payments, online ordering for pickup and delivery, self-service kiosks, customer loyalty programs, and digital marketing.

Conor McCarthy, co-founder and CEO of Flipdish, comments: “Digitization has been transforming the hospitality sector for years. The ongoing pandemic has accelerated this trend as hospitality companies increasingly rely on digital experiences to attract and retain customers. Our investment will help us enable more hospitality companies around the world to grow using best-in-class technology.”

McCarthy continues: Tencent She is our ideal partner with her proven track record of supporting food delivery companies. Armed with Tencent’s insight and experience, Flipdish will ship in 2022.”

Tencent She will join Flipdish’s existing investors Tiger Global, Global Founders Capital, Elkstone, Enterprise Ireland and Growing Capital.

Flipdish operates in 25 countries, including United StateAnd CanadaAnd FranceAnd GermanyAnd Ireland, and the United kingdom, with thousands of independent restaurant clients as well as major brands, such as All Day Kitchens and Popchew. Flipdish also works with some of the world’s largest ghost kitchen companies, partnering with the likes of TGI Friday’s, White Castle, Dickey’s BBQ Pit, and many more.

Flipdish saw rapid revenue growth across multiple markets in 2021, buoyed by restaurant operators offering in-house online ordering, rather than relying on food delivery markets such as UberEats and Doordash, and the rapid adoption of their local solutions such as QR Code Order & Payment Kiosks. and self-demand, the growth of new and exciting sectors such as ghost kitchens.

The company is particularly proud of the fact that the platform enables restaurants to hold money in local economies, eliminating exorbitant fees charged by market services. When restaurants succeed, Flipdish succeeds.

As part of the investment, Flipdish will employ 700 people in 2022. The majority are in technical roles such as software engineers, data scientists, engineers, and product designers. Others include a range of commercial roles.

Numis served as the sole financial advisor to Flipdish.

Click on Contacts

United States of America & Canada
John DeLoreto
Tel: 9625-666-666
email: [email protected]

United kingdom
Dan Bird |
Tel: +44 7885 670798
email: [email protected]

Ireland
Rachel O’Hare
Tel: +353 86 1934174
email: [email protected]

on tipper

Flipdish allows hospitality companies to take control of consumers’ digital experience and business growth. Unicorn provides technology that supports QR code ordering and table payment, online ordering for delivery and collection, self-service kiosks, customer loyalty, and digital marketing.

With a branded website, app or self-service kiosk, powered by Flipdish’s world-class technology, restaurant owners can accept digital orders directly without having to sign up for collection platforms, at a lower cost and with more control over the customer experience.

Flipdish helps thousands of hospitality brands in dozens of countries.

Click on Pack

Click on a package available in https://www.flipdish.com/wp-content/uploads/2021/02/Flipdish-Press-Pack-2021.zip

Local support, order directly

Flipdish is a disruptive factor in the digital food ordering industry and has recently launched its Support Local campaign, Order Direct which raises awareness among consumers about how to order directly from restaurants and fast food, ensuring that the majority of profits go directly to the establishment, and that Direct the money back into the economy.

Link to pictures

Photo – https://mma.prnewswire.com/media/1725245/Flipdish.jpg
Logo – https://mma.prnewswire.com/media/1725244/Flipdish_Logo.jpg

SOURCE Flipdish

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