DiscoEat

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

DiscoEat - overview

Established

2018

Location

Berlin, -, Germany

Primary Industry

Internet

About

DiscoEat, based in Berlin, Germany, is a restaurant discovery and reservation platform that allows users to book tables while enjoying time-dependent discounts, catering to food enthusiasts and tourists alike. Founded in 2018 by Moritz Heininger and Nicolò Luti, DiscoEat operates in Berlin, Germany, primarily focusing on the restaurant reservation market. The company has completed a total of 5 deals, with its most recent deal occurring on March 28, 2023. There are no known pivots or subsidiaries related to DiscoEat.


DiscoEat is a platform focused on restaurant discovery and reservation services primarily in Berlin, Germany. The core offering is an online reservation system that allows users to book tables at various restaurants while benefiting from time-dependent discounts. Users can filter restaurant options by cuisine type, such as Italian, Vietnamese, or Indian, and can explore a diverse array of dining establishments ranging from trendy scene spots to traditional venues. The platform caters to food enthusiasts seeking to explore Berlin's multicultural culinary landscape, serving a clientele that includes both locals and tourists interested in dining out.


Geographically, DiscoEat's services are currently concentrated in urban areas within Germany, specifically targeting large metropolitan regions known for their dynamic dining scenes. Revenue for DiscoEat is generated through transaction-based models within the restaurant reservation sector. Customers utilize the platform to make reservations, benefiting from promotional discounts during off-peak hours. The transaction structure follows a direct-to-consumer model, where diners pay for their meals at the restaurant while utilizing the reservation service at no upfront cost to access exclusive deals.


Restaurants listed on the platform may engage in partnership agreements where they offer specific deals to DiscoEat users, enhancing customer footfall during slower dining periods. This collaborative approach aids in customer acquisition for the restaurants and provides a streamlined user experience for diners looking for value during their meals out. DiscoEat plans to enhance its offerings with new features designed for the reservation platform. Although specific release dates are not mentioned, the company is focused on expanding its services to additional urban markets across Germany by the end of 2024.


The recent funding round from March 2023 will be utilized to support these growth initiatives, particularly in enhancing technology and marketing efforts to reach a broader audience.


Current Investors

Rocket Internet SE, Global Founders Capital, IBB Ventures

Primary Industry

Internet

Sub Industries

Restaurants & Nightlife, Search Engines, Web Applications

Website

www.discoeat.de

Company Stage

Ceased Operations

Total Amount Raised

Subscriber access only

DiscoEat - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.