Blackbird Labs

Blackbird Labs

About Blackbird Labs

Simplify's Rating
Why Blackbird Labs is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Robotics & Automation

Consumer Software

Enterprise Software

AI & Machine Learning

Biotechnology

Company Size

51-200

Company Stage

Series B

Total Funding

$85M

Headquarters

Cupertino, California

Founded

2017

Overview

💵
Funded Recently
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Simplify's Take

What believers are saying

  • Raised $50M to enhance blockchain app for restaurant loyalty and payments.
  • Flynet's layer-3 blockchain solution rewards diners and partners, boosting engagement.
  • AI-driven insights personalize dining experiences, enhancing loyalty programs.

What critics are saying

  • Faces competition from established payment processors like Square and Stripe.
  • Potential regulatory scrutiny on blockchain-based payment systems could impact operations.
  • Consumer skepticism towards blockchain may hinder adoption of Blackbird's solutions.

What makes Blackbird Labs unique

  • Blackbird Labs integrates payments, loyalty, and blockchain for enhanced restaurant customer loyalty.
  • Flynet mainnet reduces transaction costs by eliminating intermediaries in restaurant payments.
  • Founded by Resy and Eater co-founder, Blackbird leverages industry expertise for growth.

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Funding

Total Funding

$85M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$50M
Blackbird Labs
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

↓ -1%

1 year growth

↓ -1%

2 year growth

↓ -1%
TechCrunch
Apr 8th, 2025
Blackbird raises $50M for blockchain app

Blackbird Labs has raised $50 million for its new startup, which combines payments, loyalty, and blockchain technology to help restaurants enhance customer loyalty and increase repeat business.

Neuron
Mar 3rd, 2025
Blackbird Launches Flynet: Revolutionizing Restaurant Payments with Blockchain

Discover how Blackbird's Flynet mainnet enhances restaurant payments through a layer-3 blockchain solution, eliminating intermediaries and lowering transaction costs while rewarding diners and partners.

TechCrunch
Oct 4th, 2023
Resy and Eater co-founder raises $24M for Blackbird, a restaurant loyalty platform | TechCrunch

A co-founder of Resy and Eater is trying to bring restaurants repeat business with Blackbird, his newest startup venture.

The Block
Oct 7th, 2022
Resy co-founder Ben Leventhal raises $11 million for new web3 hospitality platform

Web3 hospitality platform Blackbird has raised $11 million in a seed round co-led by Union Square Venture, Shine Capital and Multicoin Capital.

There are no jobs for Blackbird Labs right now.

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