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Airbnb leads funding round for dining app Resy

Tuesday, 10 January 20173 min read
Home sharing giant Airbnb has taken another step in its quest to broaden its influence beyond accommodations.
It has led a $13 million funding round in dining booking app Resy Network Inc, which values it at around $70 million.
It lists about 1,000 restaurants in 50 US cities and handles reservations via a real-time cloud-based system for about 1.4 million diners every month.
Airbnb and Resy had already agreed a strategic partnership in November 2016 as part of its ‘Trips’ expansion into activities and the collaboration will see a restaurant booking option added to the Airbnb platform.
"Resy and Airbnb share a vision for how people experience local venues. We’re committed to building a product that allows anyone, anywhere, anytime to live like a local," said Resy CEO Ben Leventhal.
"Many of our most-treasured travel memories come from experiencing the local food. Helping people find and book incredible local restaurants is a key part of us moving beyond just accommodation to focus on the whole trip. We can’t think of a better partner than Resy to help make this possible," said Airbnb CEO Brian Chesky