OpenTable

OpenTable

Online restaurant reservation and management service

About OpenTable

Simplify's Rating
Why OpenTable is rated
B
Rated B on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Food & Agriculture

Consumer Goods

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$2.6B

Headquarters

San Francisco, California

Founded

1998

Overview

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 on the platform. Diners can access this service for free, while restaurants pay a subscription fee to be listed and may incur additional charges based on the number of reservations made. This model allows OpenTable to generate revenue from both subscription fees and per-reservation charges. The company aims to enhance the dining experience by providing a user-friendly platform for restaurant discovery and reservations, while also equipping restaurants with tools to manage bookings and optimize their seating capacity.

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Simplify's Take

What believers are saying

  • OpenTable's partnership with Uber Eats expands its reach and user engagement.
  • The company's dual revenue stream ensures steady income from subscriptions and reservation fees.
  • OpenTable's global presence is strengthened by being part of Booking Holdings.

What critics are saying

  • Uber's integration with OpenTable may lead to increased competition for its core platform.
  • DoorDash's acquisition of SevenRooms intensifies competition in the restaurant reservation space.
  • Immersive dining experiences may shift consumer preferences away from traditional reservations.

What makes OpenTable unique

  • OpenTable offers a seamless reservation experience with a user-friendly platform.
  • The company provides restaurants with tools to manage bookings and optimize seating capacity.
  • OpenTable's integration with Uber Eats enhances its service by combining dining and transportation.

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Funding

Total Funding

$2648.2M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

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

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%
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