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Eatigo

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Offers an application for online restaurant reservations in Southeast Asia

Bangkok, ThailandFounded 2013eCommerce & Marketplaces
Valuation $0–100M Latest valuation · 2018
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Eatigo and the history behind them.

About Eatigo

Eatigo operates a mobile and web-based platform that provides restaurant reservation services, addressing the market inefficiency of empty tables. The company was founded in Bangkok in 2013 by Michael Cluzel, Judy Tan, Siddhanta Kothari, and Pumin Yuvacharuskul, a team of veterans from the telecommunications industry. Several of the founders met while working at Millicom International Cellular and applied the principles of yield management, famously used by airlines, to the restaurant industry. The service first launched its website in Thailand in June 2014 and expanded to Singapore eight months later.

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The core of Eatigo's business is connecting diners with restaurants through a time-based discount model. Users can browse participating restaurants and book tables, receiving discounts of 10% to 50% depending on the time of day. The most significant discounts are typically offered during off-peak hours, allowing restaurants to increase their utilization and fill seats that would otherwise remain empty. This model aims to shift consumer behavior towards dining during non-peak times. For diners, the service is free to use and does not require coupons or upfront payments, with reservations confirmed via email. Eatigo's revenue is generated by charging restaurants a pre-determined, fixed fee for each seated diner that books through the platform.

The company has undergone significant growth and strategic expansion. By October 2016, Eatigo had secured a US$15.5 million Series B investment from TripAdvisor, which brought its total funding to that point to US$15.5 million. A pre-Series C round in July 2018, also involving TripAdvisor, increased the total capital raised to over US$25 million. This funding facilitated expansion into new markets including the Philippines, Hong Kong, Malaysia, and India. In 2017, Eatigo entered the Indian market through the acquisition of Pune-based competitor Ressy. A major strategic development occurred in September 2023 when Eatigo was acquired by FunNow, a Taiwanese lifestyle marketplace. Following the merger and acquisition deal, Eatigo continues to operate under its own brand as a subsidiary of the FunNow Group, with former Eatigo CEO Michael Cluzel joining the board.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2013
Headquarters
Bangkok, Thailand
Employees
86
Open positions
1
Dealroom signal
63.4/100
Industry
Food
Sub-industry
In-store Retail & Restaurant Tech
Sector
eCommerce & Marketplaces, App, Restaurant Reservation
Technology
Mobile app
Business model
Marketplace & ecommerce
Client focus
b2c
Investment activity
2 companies, latest Sep 2023
Capital deployed
Preferred round
ACQUISITION

Latest news

Press, funding announcements and product moves mentioning Eatigo.

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
MERGEROther financing Sep 2023 $0 FunNow
SERIES BEquity / VC Jul 2018 $10M $40M TripAdvisor
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020
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Growth signals

Eatigo website traffic

Latest recorded traffic for Eatigo is 300K monthly website visits, up 20% over the last three months. Eatigo's team declined 7.5% over the past year.

Latest monthly visits300K 3-month web change+20% 1-year team growth-7.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • TripAdvisor

Other known investors2 additional known investors

  • FunNow
  • Alexander Felde
Team profiled 21 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇹🇭 Thailand38.1%
🇵🇭 Philippines20.6%
🇭🇰 Hong Kong12.7%
🇸🇬 Singapore9.5%
🇲🇾 Malaysia7.9%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Eatigo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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