Livebookings
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Livebookings - overview
Location
London, -, UK
Primary Industry
Marketing/Advertising
About
Livebookings specializes in providing advanced booking solutions for the hospitality sector, enhancing operational efficiency and streamlining customer experiences through its innovative technology. Livebookings is a technology company based in London, UK, focusing on advanced booking systems for restaurants and hospitality businesses. The company was founded by Joe Steele, who has a history of entrepreneurship in tech. It has received funding from various investors, including Balderton Capital, Ekstranda, and Wellington Partners.
The latest funding round, amounting to GBP 15. 03 mn, was completed on January 11, 2016, and represents the total amount raised to date, which is also GBP 15. 03 mn. The company’s current valuation stands at GBP 44.
067 mn. Livebookings offers a range of innovative booking solutions that cater to the needs of the hospitality industry. These products focus on enhancing operational efficiency and improving user experience, specifically targeting restaurants and hospitality businesses. The company serves clients in key markets such as North America and Europe, providing essential tools that enable improved management of reservations and customer interactions, thereby increasing productivity and streamlining operations.
In 2023, Livebookings reported revenue of GBP 6,364,764. 50, with an EBITDA of GBP -3,470,062. 80. Its revenue model is based on direct-to-consumer sales and B2B partnerships, primarily through subscription-based services and one-time hardware purchases.
The company’s pricing structure varies by product tiers, allowing clients to select plans that meet their specific operational requirements. Livebookings is focused on expanding its product line with new features aimed at improving user engagement and operational capabilities. The company is targeting further expansion into new markets in Asia and South America by 2025. Recent funding will be utilized to develop these products and enhance market entry strategies.
The 2016 acquisition by Michelin provides additional resources to support these initiatives.
Current Investors
Wellington Partners, Balderton Capital
Primary Industry
Marketing/Advertising
Sub Industries
eMarketing/Digital Marketing, Restaurants & Nightlife
Website
www.livebookings.co.uk
Company Stage
Acquired
Total Amount Raised
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