Founded in 2015 and headquartered in Shinjuku, Tokyo, Favy develops and provides SaaS products such as mobile ordering and subscription systems while operating shared food halls under brands like “reDine” and “ネオヨコチョウ.” The company positions this integrated model as RaaS (Restaurant as a Service), managing everything from concept design to kitchen construction to revitalize under-used properties and increase their profitability. Its proprietary visit-measurement technology supports data-driven customer acquisition for both its own venues and third-party commercial facilities. Leveraging this data, Favy intends to roll out new area-marketing and retail media advertising products in collaboration with commercial facility and railway operators. Recent projects include food halls in Sapporo’s 4PLA and Hiroshima’s 基町クレド・パセーラ, with additional locations planned. No revenue or user metrics were disclosed in the article, but the latest funding aims to provide working capital for continued expansion and product development.

Total raised

$4M

Funding rounds

3

Latest round

Series C

Latest activity

Jan 2024