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INTERNET | Internet Software & Services / Customer Relationship Management
restorando.com.ar

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Founded Year

2011

Stage

Acquired - II | Acquired

Total Raised

$26M

About Restorando

Restorando provides a free, online restaurant reservation system in Latin American. Founded in 2011 and headquartered in Buenos Aires, Argentina, the company currently serves restaurants and diners in major cities in Brazil, Argentina, Chile and Colombia. On November 15, 2019 Restorando was acquired by thefork, the terms of the agreement were not disclosed.

Restorando Headquarter Location

Echeverria 4161 1430

Buenos Aires, 2112,

Argentina

212-430-3186

Latest Restorando News

TripAdvisor-owned TheFork buys Restorando, expands in Latin America

Nov 15, 2019

TripAdvisor -owned restaurant reservation platform TheFork has acquired competitor Restorando to expand its presence in Latin America. Terms of the deal were not disclosed. The acquisition will add 3,500 bookable restaurants to TheFork’s network, bringing the platform’s total number of bookable restaurants around the globe to 60,000. It will also grow TheFork’s reach across eight countries: Argentina, Mexico, Colombia, Uruguay, Panama, Chile, Peru and Brazil, where it already operates. Founded in 2011, Restorando is used by more than 4.5 million people each year in Latin America. The company is TheFork’s ninth acquisition over the past five years. TheFork, which was founded in 2007 and acquired by TripAdvisor in May 2014, has its largest footprint in Europe and Australia. The Phocuswright Conference is for three days - here's your daily bulletin for the other 362! Subscribe to the PhocusWire newsletter below Submit “Restorando is an innovative company that has shown a great ability for technological development, something key for us,” says Marcos Alves, head of Iberia, Australia and LATAM at TheFork. “They have the right DNA and culture fit to help us develop our business and boost restaurant digitalization in Latin America: a pioneering spirit, determination to strive for the best, strong relationships with restaurants and a fantastic knowledge of this region of the world.” Adds Frank Martín, co-founder and CEO of Restorando: “We’re very proud to join forces with TheFork and TripAdvisor group, to continue to work with restaurants to improve each diner’s experience and continue to help more of these businesses take reservations online.” Restorando will continue to operate under its current name but will switch to TheFork brand in the next few months.

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Expert Collections containing Restorando

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Restorando is included in 2 Expert Collections, including Restaurant Tech.

R

Restaurant Tech

759 items

Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

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