E
Eatigo
Offers an application for online restaurant reservations in Southeast Asia
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.
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.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| MERGER✓Other financing | Sep 2023 | $0 | — | FunNow | — |
| SERIES B✓Equity / VC | Jul 2018 | $10M | $40M | TripAdvisor | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
FunNowTaipei, TaiwanProviding real-time info and instant booking service for leisure and entertainment activities
$60Mvaluation
RessyPune, IndiaThe ultimate real-time app for the best discounts in your city
$1.6Mvaluation
Investors
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- AFAlexander Felde
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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