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Flipdish -  $100m fundraise

Numis is delighted to have served as exclusive financial advisor to Flipdish on its c.$100m fundraise at a $1.25bn valuation.

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Investment will fuel international expansion and R&D as hospitality digitisation booms.

Flipdish is Ireland’s newest unicorn

Europe’s leading online ordering and digital platform for hospitality, Flipdish, has received a landmark c.$100m investment led by Tencent. The funding values the company at over $1.25bn, post money.

Read the press release here

Accelerating Flipdish’s expansion

 The investment will be used to grow global operations, fund R&D to improve the hospitality industry’s digital experience, and support new customers spanning cinemas, stadia and airports.

“Numis has been a brilliant partner. The team was dedicated and focused with senior engagement at every stage, gave proactive and expert advice, and had unique access to decision-makers globally.”

Conor McCarthy Co-Founder & CEO, Flipdish
Leading digital transformation…
 
Flipdish saw rapid growth in 2021, fueled by restaurants bringing their online ordering capability in-house, rapid adoption of on-premise solutions including QR Code Order & Pay, and the growth of exciting new verticals such as dark kitchens.
 
See Flipdish in action

… across the hospitality sector

FlipDish operates in 25 countries - including the UK, US, France, Germany, Ireland and Spain - and has partnered with major brands, independent restaurants and the world’s largest ghost kitchen company, CloudKitchens.
 
“Our investment will help us to empower more hospitality businesses around the world to grow with best-in-class technology.
 
"Partnering with Numis allowed us to focus on growing our business whilst also achieving unicorn status via a major financing event. We look forward to working with Numis again as we hyper-scale into our next phase of growth.”
Conor McCarthy Co-Founder & CEO, Flipdish
Interested in learning more?

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