Seated
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 3.4m | 4.2m | 8.2m | 8.2m | 9.7m | 9.7m |
% growth | - | 24 % | 96 % | - | 18 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $60.0k | Seed | |
$1.2m | Seed | ||
$9.8m | Series A | ||
$20.0m | Series B | ||
$30.0m | Late VC | ||
Total Funding | €55.5m |
Recent News about Seated
EditSeated is a restaurant reservation platform that incentivizes dining at local restaurants by offering rewards for each visit. Operating in major U.S. cities like New York, Boston, Dallas, and Atlanta, Seated partners with over 2,000 handpicked restaurants. Users can make reservations or walk-ins, upload their receipts, and earn up to 30% back in rewards within 24 hours. These rewards can be redeemed for instant credit at popular brands such as Amazon, Uber, and Starbucks. Seated primarily serves urban diners looking for a seamless dining experience coupled with financial incentives. The business model revolves around earning commissions from partner restaurants for each reservation made through the app. Additionally, Seated leverages transaction data to confirm eligible purchases and ensure reward accuracy. This data is also shared with participating merchants to validate transactions. By focusing on both customer satisfaction and restaurant partnerships, Seated aims to enhance the dining experience while supporting local businesses.
Keywords: restaurant reservations, dining rewards, local eateries, urban diners, receipt upload, instant credit, partner restaurants, transaction data, financial incentives, major U.S. cities.