202215 Sep

Dinner reservations, no problem! Adriaan Mol backs Formitable with €8 million to make restaurant bookings hassle-free

Summary

The payment process simply takes too long and doesnt contribute to a joyful, hospitable restaurant experience. The company is currently active in the Netherlands, Germany, Sweden, Belgium and Denmark.Founded in 2017, the hospitality tech startup helps more than three thousand restaurants in fifteen European countries with reservation, ticketing, and loyalty solutions. In doing so, it is our ambition to also become the market leader in Scandinavia and Germany, followed by rest of Europe.The funding comes from MoI via his new investment vehicle Spacetime. With the new deal, Mol and Formitable are also expanding their existing partnership to focus on further product development and international expansion. Formitable has disrupted the market by offering restaurants good-looking, next-generation tools which allow them to focus on their guests and grow their business.

Source: Tech

Funding

$7.98M
Amount
Sep 15 2022
Date
-
Investor
Formitable
Company

Classifications

Companies