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Formitable

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Here to help restaurant achieve online success

Amsterdam, NetherlandsFounded 2017eCommerce & Marketplaces
Valuation $50–100M Last recorded · 2022
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 Formitable and the history behind them.

About Formitable

Formitable is an Amsterdam-based company founded in 2017 by Raymond Wilders, Cyril Mestrom, and Milan van de Goor. The company specializes in providing an advanced e-commerce platform designed specifically for the restaurant industry. Formitable's platform combines booking systems, table management tools, and customer relationship management (CRM) functionalities, offering over 20 integrations to help restaurants enhance their guest experiences and optimize their operations. The platform serves a diverse range of clients, from local eateries to Michelin-starred establishments, facilitating over two million guest bookings each month for more than 2000 restaurants. Formitable operates on a subscription-based business model, generating revenue through monthly fees paid by restaurants for access to its software and services. The company's mission is to help restaurants achieve online success by creating unique booking experiences and ensuring full occupancy every night. Formitable's team consists of 35 high-energy, fun-loving, and hardworking individuals who are committed to building a great product without binding clients to long-term contracts.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2017
Headquarters
Amsterdam, Netherlands
Employees
3
Open positions
None listed
Dealroom signal
56.3/100
Industry
Food, Marketing
Sub-industry
In-store Retail & Restaurant Tech
Sector
eCommerce & Marketplaces, Booking, Restaurant Tech, Restaurant Reservation
Business model
Marketplace & ecommerce
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
MERGER✓Other financing Jan 2024 $0 — ZenChef —
ACQUISITION✓Exit Mar 2023 $0 — ZenChef —
Showing the latest 2 of 5 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

Formitable website traffic

Latest recorded traffic for Formitable is 330K monthly website visits, down 5.7% over the last three months. Formitable's team declined 25% over the past year.

Latest monthly visits330K 3-month web change-5.7% 1-year team growth-25%
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Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

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

Series A2 investors entered at this stage

Other known investors2 additional known investors

  • ZenChef
  • Tycho van Paassen
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
1 countries with
team presence
🇳🇱 Netherlands100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Formitable 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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