FUNNOW Group

FUNNOW Group

On-demand last-minute activity bookings

Overview

FunNow is an on-demand lifestyle booking platform offering instant reservations for dining, bars, beauty and wellness, hotels, and nightlife through a mobile app. The app uses geolocation and a patented algorithm to show real-time availability and lets users discover, book, and pay in about 30 seconds, often for experiences within 15 minutes. Merchants manage their own availability and pricing, while FunNow applies AI-driven dynamic pricing to adjust costs based on demand and time to help monetize off-peak hours. It earns commissions on bookings and aims to connect urban consumers and travelers with readily available experiences across Asia, expanding through strategic acquisitions and partnerships.

Significant Headcount Growth

About FUNNOW Group

Simplify's Rating
Why FUNNOW Group is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consumer Software

AI & Machine Learning

Entertainment

Company Size

51-200

Company Stage

Series B

Total Funding

$21.8M

Headquarters

Taipei, Taiwan

Founded

2015

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Simplify's Take

What believers are saying

  • August 2026 Taishin Securities deal validates FunNow for Taiwan capital markets.
  • Eatigo still lists 4,500 restaurants, strengthening merchant density and booking liquidity.
  • App Store and Google Play updates in August 2026 show active product maintenance.

What critics are saying

  • Taishin Securities listing guidance starts 2026; a failed Taiwan IPO stalls expansion financing.
  • Regional rivals like KKday and inline erode discovery traffic and merchant leverage by 2027.
  • If cross-border integration falters, seven-market complexity breaks margins and management focus.

What makes FUNNOW Group unique

  • FunNow spans seven Greater Southeast Asia markets after the 2023 Eatigo merger.
  • Its portfolio combines FunNow, Eatigo, and Niceday across dining, hotels, and family activities.
  • Taipei-based centralized tech and AI-driven dynamic pricing sharpen local supply monetization.

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Funding

Total Funding

$21.8M

Below

Industry Average

Funded Over

4 Rounds

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
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

5%

2 year growth

5%
TechCrunch
Sep 12th, 2023
Taiwan-Based Lifestyle App Funnow Merges With Eatigo To Broaden Its Southeast Asia Reach

FunNow, the Taiwan-based app that lets users book activities on-demand in five Asian countries, is growing its reach in Southeast Asia through a merger with restaurant booking app Eatigo. Terms of the deal were undisclosed, but FunNow CEO TK Chen says it is the largest post-COVID O2O MA deal in Southeast Asia.As part of the deal, Eatigo is now a key shareholder in FunNow Group. Eatigo CEO Michael Cluzel will join FunNow’s board, while Chen will continue serving as president and CEO of the group.Founded in 2015, FunNow has 2.5 million users and utilizes a dynamic pricing strategy that lets businesses on its platform chose to offer different prices to customers based on supply and demand. Since its launching Taiwan, FunNow has expanded to Japan, Hong Kong, Malaysia and Thailand. It has grown through a series of acquisitions, concluding Malaysia restaurant booking platform and SaaS provider TABLEAPP and Taiwanese family activity booking platform Niceday. Since its inception, FunNow has raised $22.5 million from investors including the corporate venture arms of PChome, KKday and Wistron.FunNow and Eatigo’s foundersEatigo was founded in Bangkok in 2013 and uses yield management techniques to help 4,000 restaurants book customers during off-peak hours at discounts up to 50% off

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