NeoTaste operates a gastrotech app that offers users exclusive introductory deals—commonly in a 2-for-1 format—while allowing restaurants to acquire new customers free of charge. Users access deals via a subscription priced at €4.99 per month or €2.99 if paid annually. Since its launch in September 2021, the platform has grown to more than 750,000 users and partnered with over 3,000 restaurants across 27 German cities, and it recently expanded into Amsterdam. The company emphasizes a viral product approach and focused team execution to drive customer and restaurant adoption. NeoTaste says its model combines unbiased search, attractive discounts, and an efficient booking system to improve restaurant discovery. The company plans to use new capital to further penetrate European markets and make the app available in additional German and European cities by year-end. Neotaste, based in Osnabrück, Germany, operates a B2C subscription app that digitally connects guests and gastronomy. The platform integrates customer-restaurant interactions, letting consumers access exclusive dining deals while giving restaurants an accessible way to enhance engagement. More than 300,000 users have access to deals via the subscription app, which are offered by over 1,300 restaurants across thirteen German cities. The company was co-founded by Hendrik Sander and Tobias Düser. With new funding, Neotaste plans to expand to other German cities and internationally and to add additional products and services to the platform. The article reports the company raised €5.9m in a Series A round.

Total raised

$23M

Funding rounds

2

Latest round

Series A

Latest activity

Mar 2024