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Seated

Restaurant reservation platform with rewards

Overview

Seated helps urban diners earn rewards by dining at local restaurants. It is a restaurant reservation platform that partners with over 2,000 handpicked eateries in major U.S. cities such as New York, Boston, Dallas, and Atlanta. Users can make reservations or walk in, upload their receipts, and receive up to 30% back in rewards within 24 hours. These rewards can be redeemed for instant credit at brands like Amazon, Uber, and Starbucks. The platform generates revenue by earning commissions from restaurants for reservations made through the app and by using transaction data to verify eligible purchases and ensure reward accuracy. This data is also shared with participating merchants to validate transactions. Seated aims to combine a seamless dining experience with financial incentives while supporting local businesses.

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About Seated

Simplify's Rating
Why Seated is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsConsumer SoftwareFintechFinancial Services

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$61.1M

Headquarters

Town of Deerfield, New York

Founded

2017

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Simplify's take

What believers are saying

  • Kard's April 2026 launch expanded Seated offers across 20 states.
  • TPG and Frequent Miler documented up to 30% cashback in November 2026.
  • Seated's card-linked rewards remove receipt uploads, reducing friction versus manual rebate apps.

What critics are saying

  • OpenTable and DoorDash own reservation demand, squeezing Seated's customer acquisition economics.
  • Rewards expire after 30 days inactivity; retention depends on constant app use.
  • Merchant-funded cashback breaks if restaurants cut commissions, threatening Seated's core model.

What makes Seated unique

  • Seated built 2,500+ full-service restaurant offers nationwide by 2026.
  • June 2, 2025, management bought back Seated from Sofar Sounds.
  • Kard integrated Seated on April 1, 2026, proving fintech distribution value.

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Funding

Total Funding

$61.1M

Meets

Industry Average

Funded Over

5 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Health Savings Account/Flexible Spending Account
  • 401(k) Company Match
  • Stock Options
  • Unlimited Paid Time Off
  • Commuter Benefits
  • Parental Leave
  • Meal Benefits
  • Wellness Program
  • Gym Membership

Growth & Insights

6 month growth

2%

1 year growth

-2%

2 year growth

3%

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