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Resy

From Wikipedia, the free encyclopedia

Resy Network, Inc.
Company typePrivate
Founded2014
Founders
HeadquartersNew York, New York
Area served
International
ProductsRestaurant reservation app
OwnerAmerican Express
Websiteresy.com

Resy is an American online restaurant-reservation service company founded in 2014 by Gary Vaynerchuk, Ben Leventhal, and Michael Montero.[1][2] As of 2023, approximately 16,000 restaurants[3] globally can be booked through Resy.[4] Resy was acquired by American Express in 2019.[5]

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Transcription

History

Resy was founded in 2014 by Ben Leventhal, co-founder of Eater.com, Michael Montero, co-founder of CrowdTwist, and entrepreneur Gary Vaynerchuk.[6] In January 2017 the company raised $13 million from Airbnb, First Data Corporation and earlier investors RSE Ventures and Lerer Hippeau Ventures.[7] In April 2018, Resy enabled participating restaurants to list their properties on Airbnb through Resy's booking system and also acquired ClubKviar, a restaurant-booking platform in Spain.[8] In 2018, Resy acquired a competitor, Reserve, a reservation app launched by Garrett Camp's incubator, Expa.[9]

In 2019, American Express acquired Resy and integrated it into its mobile app as an offering for some rewards card members.[10]

In January 2024, it was announced that the platform would shut down its UK operations by the end of August 2024.[11]

See also

References

  1. ^ "How Resy is using editorial content to differentiate". Digiday. 20 November 2019. Retrieved 24 December 2019.
  2. ^ Rao, Tejal (2 November 2018). "Resy Acquires Reserve, in the Fierce Tussle Over Restaurant Reservations". The New York Times. Retrieved 24 December 2019.
  3. ^ Fortney, Luke (2023-02-01). "How Resy Won the Reservation Wars in New York City". Eater NY. Retrieved 2023-11-17.
  4. ^ "American Express's Resy Focuses On Customer Experience In First Global Campaign". www.mediapost.com. Retrieved 2023-11-17.
  5. ^ Merced, Michael J. de la (2019-05-15). "American Express to Buy Resy, a Restaurant Booking Service". The New York Times. ISSN 0362-4331. Retrieved 2023-11-17.
  6. ^ Dixler Canavan, Hillary (28 May 2014). "Resy's Ben Leventhal and Gary Vaynerchuk on Their New Reservations App". Eater.com. Retrieved 24 December 2019.
  7. ^ Sawers, Paul (9 January 2017). "Airbnb leads $13 million investment into restaurant booking service Resy". VentureBeat. Retrieved 24 December 2019.
  8. ^ Adams, Erika (17 April 2018). "Resy Announces International Expansion and New Tech Updates for Restaurants". Skift. Retrieved 24 December 2019.
  9. ^ Filloon, Whitney (5 November 2018). "Resy Acquires Reserve, the Other Non-OpenTable Restaurant Reservation System". Eater.com. Retrieved 24 December 2019.
  10. ^ Maidenberg, Micah (15 May 2019). "American Express Buys Restaurant-Reservation Platform Resy". The Wall Street Journal. Retrieved 24 December 2019.
  11. ^ Witts, Sophie (2024-01-22). "Resy to shut down UK operations by September". The Caterer. Retrieved 2024-01-30.
This page was last edited on 9 February 2024, at 20:51
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