• ClubKviar

  Participated · Equity · Mar 2014

  Launched in early 2012, Clubkviar is a private gastronomic club that provides members with a curated selection of top restaurants, an online reservation service and personal assistants to facilitate bookings. Membership is by invitation and offers privileged pricing—notably 30% off the final bill (drinks included)—and a guarantee of discretion without coupons or cards. The company operates a web and social platform that supports its reservation and member services. Management intends to use recent financing to consolidate its position in the Spanish market and to expand abroad, opening offices in Paris and London. The financing package includes both equity funding and a supporting loan, improving the company’s near-term cash position for product and geographic expansion. No operating metrics such as revenue or user counts were disclosed in the article.

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