About OpenTable
OpenTable is a company based in San Francisco (United States) founded in 1998 was acquired by Booking in June 2014.. OpenTable has raised $12 million across 3 funding rounds from investors including Booking, Zagat and American Express Ventures. The company has 837 employees as of December 31, 2022. OpenTable has completed 8 acquisitions, including Copilot Labs, Foodspotting and GuestBridge. OpenTable operates in a competitive market with competitors including Resy, Seated, Toast TakeOut, Reserve and Tablelist, among others.
- Headquarter San Francisco, United States
- Employees 837 as on 31 Dec, 2022
- Stage Public
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Booking
& 7 more
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Employee Count
837
as on Dec 31, 2022
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Investments & Acquisitions
Copilot Labs
& 7 more
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Acquired by
Booking
(Jun 13, 2014)
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IPO & Listings of OpenTable
OpenTable is a publicly listed company on the NASDAQ with ticker symbol OPEN in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of OpenTable
OpenTable has successfully raised a total of $12M across 3 strategic funding rounds. 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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Apr 1999)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2000 | Amount | Series B - OpenTable | Valuation | Zagat | |
| Jan, 2000 | Amount | Series B - OpenTable | Valuation | Benchmark , Impact Venture Partners |
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| Apr, 1999 | Amount | Series A - OpenTable | Valuation | Draper Richards , Venture Frogs |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OpenTable
OpenTable has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Booking, Zagat and American Express Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to promising startups.
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Founded Year | Domain | Location | |
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Investments are directed toward early-stage startups by Impact Venture Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OpenTable
OpenTable has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Copilot Labs, Foodspotting and GuestBridge. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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A family-oriented shopping and entertainment mall is operated.
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2012 | ||||
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iPad-based reservation management for restaurants is provided.
|
2011 | ||||
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Restaurant POS data is benchmarked for competitive sales strategies.
|
2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - OpenTable
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Opentable Comparisons
Competitors of OpenTable
OpenTable 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 Resy, Seated, Toast TakeOut, Reserve and Tablelist, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Advance restaurant table reservations are booked via a mobile app.
|
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| domain | founded_year | HQ Location |
Rewards are offered for dining at local restaurants through an app.
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| domain | founded_year | HQ Location |
Delivers a software app for convenient pre-ordering of takeaway food items.
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| domain | founded_year | HQ Location |
Table reservations and management software are offered to restaurants online.
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| domain | founded_year | HQ Location |
App for Advance Reservation at Restaurants
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Opentable
Frequently Asked Questions about OpenTable
When was OpenTable founded?
OpenTable was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Where is OpenTable located?
OpenTable is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is OpenTable a funded company?
OpenTable is a funded company, having raised a total of $12M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Apr 01, 1999.
How many employees does OpenTable have?
As of Dec 31, 2022, the latest employee count at OpenTable is 837.
What does OpenTable do?
Founded in 1998 in San Francisco, United States, OpenTable operates in the restaurant technology sector. Reservation management tools are offered through its platform, alongside features for chatbot integration, delivery coordination, and sales tracking. These services support restaurant operations by facilitating bookings and customer interactions. Focus is placed on the U.S. market, with tools designed for efficiency in hospitality workflows.
Who are the top competitors of OpenTable?
Is OpenTable publicly traded?
Yes, OpenTable is publicly traded on NASDAQ under the ticker symbol OPEN.
How many acquisitions has OpenTable made?
OpenTable has made 8 acquisitions, including Copilot Labs, Foodspotting, and GuestBridge.
Who are OpenTable's investors?
OpenTable has 8 investors. Key investors include Booking, Zagat, American Express Ventures, Benchmark, and Impact Venture Partners.
What is OpenTable's ticker symbol?
The ticker symbol of OpenTable is OPEN on NASDAQ.