About Flyt
Flyt is a company based in London (United Kingdom) founded in 2013 by Tom Weaver and Chris Evans was acquired by Just Eat in January 2019. Flyt has raised $12.36 million across 2 funding rounds from investors including Time Out, Entree Capital and Just Eat. The company has 44 employees. Flyt offers products and services including Flyt Integration Platform and API Documentation Service. Flyt operates in a competitive market with competitors including SpotOn, Tillster, Olo, Revel Systems and Zenput, among others.
Products & Services of Flyt
Flyt offers a comprehensive portfolio of products and services, including Flyt Integration Platform and API Documentation Service.
Connects restaurant systems with food ordering services for seamless operations.
Provides tools for integrating POS systems with food platforms.
Funding Insights of Flyt
Flyt has successfully raised a total of $12.36M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10.7 million completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12.36M
- Total Rounds 2
- Last Round Series A — $10.7M
- First Round $1.66M
(Mar 2014)
- Investors Count 2
All 2 funding rounds of Flyt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2015 | $10.7M | Series A | – | Time Out | – |
| Mar 2014 | $1.66M | Seed | – | Entree Capital | – |
3 investors in total: 3 institutional.
Investors in Flyt
Flyt has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Time Out, Entree Capital and Just Eat.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward pre-seed to Series C technology companies. | – | entreecap.com | London, United Kingdom | |
Online listing platform for events | 1968 | timeout.com | London, United Kingdom | |
Online platform to order food from partnered restaruants | – | just-eat.com | London, United Kingdom |
Investor details for Flyt
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People of Flyt
628 people are tracked at Flyt (171 in leadership, 5 in board & advisors, 452 in team); the tracked headcount is 44.
| Name | Role | Group |
|---|---|---|
Tom Weaver | Co-Founder & CEO | Leadership |
Chris Evans | Co-Founder & COO | Leadership |
Claire Pointon | Managing Director | Leadership |
Sandra Moore | Senior Director Global Strategic Accounts | Leadership |
Theresa Dräger | Lead Partner Marketing Germany | Leadership |
Jörg Gerbig | COO | Leadership |
Yulia Moshina | Senior Product Manager, Courier & Partner Payout | Leadership |
Ralph Rijks | CMO | Leadership |
Jitse Groen | Founder And CEO | Leadership |
Agathe de Leudeville | Head Of Performance Marketing International | Leadership |
Alanna Rubino | Head Of Loyalty & Activations | Leadership |
Rinat Peleg | Head Of HR IL | Leadership |
Bart Koot | Director Sales Netherlands | Leadership |
Valentine Snoeren | Head Of Brand & Campaigns Thuisbezorgd.nl | Leadership |
Bera Kalhan | Senior Human Resources Business Partner | Leadership |
Saskia Seibold | HR Business Partner | Leadership |
Mert Öztekin | CTO | Leadership |
Susanne Ferlic | Head Of Marketing Central Europe | Leadership |
Suzanne Overes | Global Head Of Org Design Strategy | Leadership |
Niklas Gerner Jørgensen | Head Of Strategic Accounts | Leadership |
608 more people are available in the full profile.
Complete people profiles for Flyt
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Flyt
4 dated milestones of Flyt across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Flyt is founded.
- Funding First funding round of $1.7M.
- Funding Latest funding round, Series A, of $10.7M.
- Exit Acquired by Just Eat.
Competitors of Flyt
Flyt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SpotOn, Tillster, Olo, Revel Systems and Zenput, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spoton.com | 1999 | San Francisco, United States | $900M | 1,355 | Provider of cloud-based POS software solutions for businesses and service providers | |
| tillster.com | 2006 | San Diego, United States | $154.82M | – | SaaS solutions for restaurant online ordering and analytics are offered. | |
| olo.com | 2005 | New York, United States | $73.61M | 39 | Olo is recognized as a restaurant technology platform provider. | |
| revelsystems.com | 2010 | Atlanta, United States | $203.73M | 259 | Cloud-based point-of-sale solutions are offered for restaurants and bars. | |
| zenput.com | 2011 | San Francisco, United States | $43.82M | 71 | Zenput is utilized as an operations execution platform for multi-unit operators. | |
| pos.toasttab.com | 2011 | Boston, United States | $1.15B | 5,700 | Restaurant operations are managed via a cloud-based platform. | |
| urbanpiper.com | 2015 | Bengaluru, India | $32.32M | 165 | Delivery channels management software is provided for restaurants. | |
| touchbistro.com | 2010 | Toronto, Canada | $320.85M | – | SaaS software for restaurant payments and order management is provided. | |
| zenchef.com | 2010 | Paris, France | $58.78M | – | Suite solutions for restaurant online presence and management are provided. |
Detailed competitors of Flyt
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Latest news on Flyt
Complete news archive for Flyt
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- Full article archive
- Source and publication date
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Similar companies to Flyt
10 companies that operate in the same segment as Flyt (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 7,780 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 590.8 M | – | – | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 1.15 B | USD 6.15 B | 5,700 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – | |
Food delivery services are offered in major Indian cities. | 2012 | Mumbai, Maharashtra, India | USD 97.72 M | USD 39.01 M | 3,150 |
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Frequently Asked Questions about Flyt
Flyt was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Flyt is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Tom Weaver is the current CEO of Flyt. They have also founded this company.
Flyt is a funded company, having raised a total of $12.36M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.66M, raised on Mar 2014.
Flyt has 44 employees.
FlyPay is a UK based provider of ordering and payment systems for restaurants. It allows the users to place their order on their smartphones by mentioning their table numbers at partnered restaurants. Also users can check the bill on their smartphones and split the bill either by persons or by items and pay within the app. The app is available in over 100 restaurants and bars across the U.K., including Wahaca, Cabana, Gourmet Burger Kitchen, Jamies Italian, Burrito Mama and Drake Morgan. The app is available on Android and iOS platforms.
Flyt's top competitors include Toast, UrbanPiper and SpotOn.
Flyt offers Flyt Integration Platform and API Documentation Service.
Flyt has 3 investors. Key investors include Time Out, Entree Capital, and Just Eat.
Flyt operates through Flypay Limited.
Yes. Flyt was acquired by Just Eat in January 2019.