Dublin based flipdish 40m Tiger Managementlewinsifted
Dublin-based Flipdish Secures $40M in Funding from Tiger Management and LewinsFTED
Flipdish, a Dublin-based online ordering platform for restaurants and takeaways, has secured $40 million in funding from two prominent investment firms, Tiger Management and LewinsFTED. The funding will be used to expand the company’s operations in Europe and North America, as well as to develop new features and products.
The Rise of Online Ordering Platforms
In recent years, the restaurant industry has experienced a significant shift towards online ordering platforms. With the rise of delivery services like Uber Eats and DoorDash, more and more customers are choosing to order food online rather than dine in or pick up their orders in person.
Online ordering platforms like Flipdish have become increasingly popular with restaurants and takeaways, as they offer a way to streamline the ordering process and reach a wider audience. By providing an easy-to-use online platform for ordering, restaurants can increase their revenue and improve customer satisfaction.
Flipdish’s Success Story
Flipdish was founded in 2015 by Conor and James McCarthy, two brothers from Dublin who wanted to create a better online ordering system for restaurants. The platform quickly gained popularity, and today, it is used by over 3,000 restaurants in 15 countries.
One of the reasons for Flipdish’s success is its user-friendly interface. Customers can easily navigate the platform to find the restaurant or takeaway they want, place their order, and pay securely online. Restaurants, meanwhile, benefit from a range of features, including real-time order management, customer analytics, and marketing tools.
Flipdish has also been quick to adapt to the changing needs of the restaurant industry. During the COVID-19 pandemic, the company launched a range of new features to help restaurants manage delivery and takeout orders, including contactless payments and delivery tracking.
Tiger Management and LewinsFTED’s Investment
The $40 million investment from Tiger Management and LewinsFTED is a significant boost for Flipdish, and it will help the company expand its operations and continue to develop new products and features.
Tiger Management is a well-known investment firm that has backed a number of successful startups, including Facebook, LinkedIn, and Spotify. LewinsFTED, meanwhile, is a London-based investment firm that focuses on technology companies.
In a statement announcing the investment, Flipdish co-founder Conor McCarthy said, “We are thrilled to have Tiger Management and LewinsFTED on board as investors. Their support will allow us to accelerate our growth plans and bring our platform to even more restaurants and customers around the world.”
The Future of Online Ordering
With the continued growth of online ordering platforms like Flipdish, the restaurant industry is likely to see even more changes in the years to come. As customers become more comfortable with ordering food online, restaurants will need to adapt to meet their needs and expectations.
For Flipdish, the future looks bright. With the backing of two prominent investment firms, the company is well-positioned to expand its operations and continue to innovate in the online ordering space. As more and more restaurants look to online ordering as a way to increase revenue and reach new customers, Flipdish is sure to play a key role in the industry’s ongoing transformation.
In conclusion, Flipdish’s success story is a testament to the growing importance of online ordering platforms in the restaurant industry. With its user-friendly interface, innovative features, and commitment to customer satisfaction, Flipdish has quickly become a leading player in the space. With the recent investment from Tiger Management and LewinsFTED, the company is poised for even greater success in the years to come. More Read
