Quandoo offers Quandoo Premium, a cloud-based reservation and inventory management system that runs on Android tablets and is designed to be intuitive for restaurant staff. The product manages restaurant inventory in real time and positions itself as an alternative to incumbents by not relying on fees from converting a restaurant's own website traffic into reservations. In the year and a half since launch, Quandoo says it has built a network of more than 3,000 partner restaurants across eight countries and served 1.5 million diners. The company plans to use new financing to expand its presence in Germany, Austria and Italy across Europe and to launch in APAC and Latin America. Founders Philipp Magin (CEO) and Ronny Lange were part of the team that founded CityDeal, which was acquired by Groupon in 2010. Quandoo targets markets with low adoption of cloud booking platforms, seeking greenfield opportunity as reservations shift online. Quandoo operates a marketplace and provides reservation and yield-management systems for restaurants. The platform offers modules including a reservation management system, tools for utilization control and a cash-register system. It helps local businesses acquire new customers and maintain existing ones. Launched in January 2013 and based in Berlin, the company is led by CEO Philipp Magin and a founding leadership team. It is available in Germany, Austria, Switzerland, Italy, Turkey and the Netherlands and is used at over 1,000 restaurants. The company is hiring.

Total raised

$33M

Funding rounds

2

Latest round

Series C

Latest activity

Jul 2014