About OpenTable
OpenTable connects diners with a variety of restaurants through its online reservation service. Users can browse different dining options, read reviews, view menus, and make reservations easily. The platform is free for diners, allowing them to find and book tables at their favorite restaurants. Restaurants benefit from OpenTable by paying a subscription fee to be listed and may incur additional charges based on the number of reservations made. This dual revenue model helps OpenTable maintain a steady income while providing valuable tools for restaurants to manage bookings and optimize seating. OpenTable's goal is to enhance the dining experience for users and support restaurants in growing their business.
San Francisco, CaliforniaHeadquarters
1998Year Founded
$46.9MTotal Funding
ACQUISITIONCompany Stage
Food & Agriculture, Consumer GoodsIndustries
1,001-5,000Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
401(k) Company Match
Flexible Work Hours
Wellness Program
Risks
Increased competition from platforms like Resy could draw diners away from OpenTable.
Partnerships like Bar Louie may not meet customer expectations, affecting OpenTable's reputation.
Reliance on Booking Holdings poses risks if they face operational or financial challenges.
Differentiation
OpenTable offers a comprehensive platform for restaurant discovery and reservations.
The company provides valuable tools for restaurants to manage and grow their business.
OpenTable is part of Booking Holdings, enhancing its market reach and infrastructure.
Upsides
AI-driven personalization enhances user engagement on OpenTable's platform.
OpenTable's dual revenue stream ensures steady income from subscriptions and reservations.
The rise of eco-friendly dining presents opportunities for OpenTable to highlight sustainable options.
Funding
Total raised$46.89 M
Latest valuation$2.60 B
StageACQUISITION
ACQUISITION
5/31/2014$2.6 K
$2.60 BSERIES C
9/30/2000$36
$180.00 MSERIES B
12/31/1999$10
$50.00 MSERIES A
4/30/1999$2
$11.00 M