Equity financing for Bookatable from Balderton
Bookatable: Leading restaurant reservation service provider with the world’s largest restaurant network
“Stella EOC worked with us very closely to position and prepare our case, introduced us to several of Europe’s top venture capital firms, and continued to provide detailed advice all the way through to completing the transaction. We have been very happy with the process with Stella EOC and with Balderton Capital, and we are delighted to have Balderton as investors.”
Niklas Eklund, CEO of Bookatable
Restaurants across Europe in the network
Independent booking partners
Bringing together diners with 17,000 restaurants and 500 booking partners across Europe
Founded in 2006 with headquarters in London, Bookatable has built the world’s largest restaurant network, connecting diners with over 17,000 restaurants.
Whether you feel like having tea at The Ritz or entertaining your kids at Planet Hollywood, Bookatable allows you to quickly and easily reserve a table online.
The c. 17,000 restaurant members are able to receive real-time internet bookings from over 500 independent booking partners, including Time Out, lastminute.com, MSN, American Express and Ticketmaster – with a collective potential market of over 200 million diners
GBP 6.5m raised from prominent VC firm Balderton Capital
Stella EOC acted as sole advisor to Bookatable on its GBP 6.5m fundraise. With the help of Stella EOC, the funding round managed to spark massive interest, with over 20 different venture capital in the running. In the end the pick fell on Balderton Capital, which took a significant minority stake in the Company through the investment.
Based in London, Balderton Capital is one of Europe's largest venture capital organisations, with an investment strategy focused on finding and helping talented entrepreneurs build good companies.
Since 2000, Balderton has invested in over 70 companies across a wide range of technology sectors and geographies throughout Europe, and in the US and China, including companies such as Bebo, Codemasters and Setanta, as well as rival online bookings platform provider Open Table.
Stella EOC acted as sole advisor to Bookatable.