The Infatuation

New York, United States Founded: 2009 • Age: 17 yrs Acquired By JPMorgan Chase
App-based platform for restaurant reviews

About The Infatuation

The Infatuation is a company based in New York (United States) founded in 2009 by Andrew Steinthal was acquired by JPMorgan Chase in September 2021.. The Infatuation has raised $30 million across 1 funding round from investors including JPMorgan Chase and WndrCo. The Infatuation has completed 1 acquisition, including Zagat. The Infatuation offers products and services including Restaurant Review Platform and City Guides. The Infatuation operates in a competitive market with competitors including Yelp, Atmosfy, Seek Recs, Beli and Fexy, among others.

  • Headquarter New York, United States
  • Founders Andrew Steinthal
  • Sectors
    Consumer
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name The Infatuation Inc.
Operational Areas
Consumer → Food, Beverage & Nutrition
Media & Entertainment → Creator Economy & Social Platforms
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $30 M (USD)

    in 1 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Sep 27, 2018

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    JPMorgan Chase

    (Sep 09, 2021)

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Products & Services of The Infatuation

The Infatuation offers a comprehensive portfolio of products and services, including Restaurant Review Platform and City Guides. 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.

Primary

App and website for discovering top restaurants and dining options

Curated lists of best eateries in various cities for users

People of The Infatuation
Headcount 50-200
Employee Profiles 44
Employee Profiles
People
Miu Hosannah
Senior Manager, Partnerships Strategy
People
Paul Needham
CEO
People
Ashley Go
Operations Associate
People
Alison Kessler
Senior Editor

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Funding Insights of The Infatuation

The Infatuation has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series B round of $30 million completed in September 2018. 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 Rounds 1
  • Last Round Series B — $30.0M
  • First Round

    (27 Sep 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2018 Amount Series B - The Infatuation Valuation WndrCo
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in The Infatuation

The Infatuation has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include JPMorgan Chase and WndrCo. 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.

All
Institutional
Investor Description Founded Year Domain Location
Builder and investor in transformative growth companies
Founded Year Domain Location
Financial services are provided to consumers and corporations worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by The Infatuation

The Infatuation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zagat. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Restaurant ratings, reviews, and news are provided worldwide by Zagat.
1979
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - The Infatuation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

The Infatuation Comparisons

Employees
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Competitors of The Infatuation

The Infatuation 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, Atmosfy, Seek Recs, Beli and Fexy, 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
Platform for discovering and sharing local businesses
domain founded_year HQ Location
Food discovery and review platform is provided through video recommendations.
domain founded_year HQ Location
Curated food recommendations from experts are delivered via mobile apps.
domain founded_year HQ Location
App-based restaurant discovery platform
domain founded_year HQ Location
Food-related content and recipes are offered via an online platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on The Infatuation

Frequently Asked Questions about The Infatuation

When was The Infatuation founded?

The Infatuation was founded in 2009 and raised its 1st funding round 9 years after it was founded.

Where is The Infatuation located?

The Infatuation is headquartered in New York, United States. It is registered at New York, New York, United States.

Is The Infatuation a funded company?

The Infatuation is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series B of $30M, raised on Sep 27, 2018.

What does The Infatuation do?

The Infatuation was established in 2009 in New York, United States, within the food technology sector. An app-based service is provided for discovering and reviewing restaurants based on user locations. Reviews from nearby establishments are accessed, along with personalized recommendations. Options to save preferred restaurants and share them with others are included. The application is supported on both Android and iOS platforms, serving users across the country.

Who are the top competitors of The Infatuation?

The Infatuation's top competitors include Yelp, Atmosfy and Beli.

What products or services does The Infatuation offer?

The Infatuation offers Restaurant Review Platform and City Guides.

How many acquisitions has The Infatuation made?

The Infatuation has made 1 acquisition, including Zagat.

Who are The Infatuation's investors?

The Infatuation has 2 investors. Key investors include JPMorgan Chase, and WndrCo.

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