Tasty €2m funding deal for online food firm Flipdish
Online food ordering business Flipdish has raised €2m from investors, led by Elle McPherson's wealth managers Elkstone, the Irish Independent has learned.
Flipdish builds apps, websites and online ordering platforms for restaurants. It also provides data services to help clients understand customer behaviour.
Set up by brothers Conor and James McCarthy, the deal brings the total money the company has raised to €3m.
Flipdish, launched in 2015, has over 500 stores using its platform in Ireland, and 100 stores in the UK. Clients include Bombay Pantry, Chopped, Centra, Londis and Macari's.
Declan Magee, head of Elkstone's venture capital division, said the brothers "have built a great product with strong traction in the local market."
"This funding round will lead the sales roll-out into Europe, along with further product development," Mr Magee added.
Flipdish chief executive Conor McCarthy said: "this investment will make significant improvements to the existing Flipdish product."
"We want to provide every restaurant in Europe with the tools and opportunity to excel online and remove the need to rely on ... food portals," he added.