About Restel
Restel is a company based in Helsinki (Finland) founded in 2013 was acquired by Scandic Hotels in June 2017.. Restel has completed 1 acquisition, including Classic Pizza Restaurant. Restel offers products and services including Restaurant Services, Gift Cards, and Event Hosting. Restel operates in a competitive market with competitors including Yelp, Eat and the City, World of Mouth, Pickatable and Loyto Software, among others.
- Headquarter Helsinki, Finland
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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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- Legal Name Restel Oy
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Scandic Hotels
(Jun 21, 2017)
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Products & Services of Restel
Restel offers a comprehensive portfolio of products and services, including Restaurant Services, Gift Cards, and Event Hosting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers quick meals and dining at various locations in Finland
Provides cards for purchasing food and experiences at restaurants
Organizes events and parties in dedicated venues
Funding Insights of Restel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Restel
Restel has secured backing from 1 investor. Prominent investors backing the company include Scandic Hotels. 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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Hotel accommodations and meeting spaces are provided across various brands.
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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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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 Restel
Restel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Classic Pizza Restaurant. 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
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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.
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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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Pizzas are served by the restaurant in Tampere, Finland.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Restel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Restel Comparisons
Competitors of Restel
Restel 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 Yelp, Eat and the City, World of Mouth, Pickatable and Loyto Software, 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 |
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| domain | founded_year | HQ Location |
Platform for discovering and sharing local businesses
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| domain | founded_year | HQ Location |
White label SaaS solutions for restaurant discovery are offered.
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| domain | founded_year | HQ Location |
Online platform for discovering restaurants
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| domain | founded_year | HQ Location |
A restaurant discovery platform offering table reservations with 50% off on food for groups, enhancing user dining experiences.
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| domain | founded_year | HQ Location |
Integrated tablet-based system for restaurant cash handling and mobile orders.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Restel
When was Restel founded?
Restel was founded in 2013.
Where is Restel located?
Restel is headquartered in Helsinki, Finland.
Who is the current CEO of Restel?
Mikael Backman is the current CEO of Restel.
What does Restel do?
Restel was established in 2013 in Helsinki, Finland, as an online platform focused on the food sector. Listings of restaurants and related establishments are maintained, while user reviews are collected and displayed to support discovery and evaluation. Operations are conducted primarily in Finland, with services accessible via the domain restel.fi. Leadership is held by CEO Mikael Backman, overseeing platform development and management.
Who are the top competitors of Restel?
Restel's top competitors include Yelp, World of Mouth and Eat and the City.
What products or services does Restel offer?
Restel offers Restaurant Services, Gift Cards, and Event Hosting.
How many acquisitions has Restel made?
Restel has made 1 acquisition, including Classic Pizza Restaurant.
Who are Restel's investors?
Restel has 1 investor. Key investors include Scandic Hotels.