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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.
Funding
Classifications
Core Activities
Hospitality
Retail
Point of Sale (POS)
Travel
E-Commerce & Retail
Vertical-Industries
Food & Beverage
Horizontal-Applications
Customer Service & Support
Call Center Management
Web Shopping
Payment Processing