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The multifamily Dublin office, Elkstone, will run a 2 million dollar fund for Ireland's leading online ordering platform, Flipdish.
In the last 12 months, Flipdish has experienced significant growth doubling its team of 8 people to 20 and reaching nearly 3 million euros in funding.
The Dublin-based startup was launched in 2015 and includes an app and website for the restaurant and take-out market. Flipdish's platform and data allows restaurants to improve their business by knowing customers' purchases and behaviors.
Compared to third-party aggregators, Flipdish operates at a fraction of these costs and does not take customers with high fees to process orders.
Centra, Chopped, Macari, Wood Fired Pizza, Londis, MAO, Bombay Pantry, and others are Flipdish customers. More than 500 restaurants in Ireland are using Flipdish with a potential to reach 4,000. In the UK, Flipdish has 100 restaurants using its platform with the potential to reach 40,000 in the UK and 700,000 shops across Europe.
Flipdish seeks to become the only service to offer an online ordering solution to European countries and allow take-out restaurants, coffee shops, delicatessens and fast food restaurants to increase the loyalty of their customers. customers.
Flipdish CEO Conor McCarthy said, "This investment will bring significant improvements to the existing flipdish product … we want to provide all restaurants in Europe with the tools and the opportunity to excel online and no longer need expensive food portals. "
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