Launched in 2017, Seated is dedicated to helping restaurants drive sales and ultimately thrive. Seated generates demand for restaurants by offering tangible rewards to consumers dining-in, ordering takeout or delivery, and booking private events. Through Seated's rewards platform, it has filled more than 900,000 seats, generated $7 million in tips for wait staff, and $37 million in revenue for restaurants to date. Its takeout and delivery offering Seated at Home helps restaurants drive demand and compete against predatory delivery apps, which charge exorbitant, profit-reducing service fees. The company's newest offering, Seated Events, allows groups wanting to take extra precautions to book private rooms while dining in. In return for dining or ordering through Seated, consumers receive a portion of their spend back in Seated rewards, which can be redeemed for gift cards with popular brands like Amazon, Starbucks, Sephora, and many more.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
08/18/20 | $30,000,000 | Venture |
Craft Ventures Greycroft Insight Venture Partners Rho Capital Partners | undisclosed |