Food tech’s latest unicorn, Flipdish, hits $1.25 billion valuation after raising $100 million – QNT Press Release


Investments to drive global expansion, R&D as hotel digitalisation booms

New York, January 13, 2022 /PRNewswire/—— flip discLeading international hotel online ordering and digital experience platform, awarded c.$100 million leading investment Tencent. The funding values ​​the company at more than $1.25 billion and follow $48.5 million from investment Tiger Global Management exist February 2021.

The investment will be used to grow the global business, fund product development to improve the digital experience of consumers in the hospitality industry, and support new customers such as hotels, stadiums, cinemas and airports.

Brother founded Connor and James McCarthy In 2015, Flipdish empowered hospitality businesses to deliver a seamless consumer digital experience to drive business growth. The technology provided by Unicorn enables QR code ordering and payment at the table, online ordering and delivery, self-service kiosks, customer loyalty programs and digital marketing.

Conor McCarthy, Flipdish co-founder and CEO commented: “Digitalization has been transforming the hospitality industry for years. The ongoing pandemic has further accelerated this trend, with the hospitality industry increasingly reliant on…

The full story is available on Benzinga.com



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