# Eatsy Technologies Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eatsy-technologies-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.eatsyapp.co
- Total disclosed funding: $1.2M
- Latest round: Seed (Jun 17, 2019)
- Investors on record: 2

## About

Eatsy Technologies Pte. Ltd. is a digital platform specializing in food and beverage recommendations, primarily for All You Can Eat (AYCE) restaurants in Surabaya, Indonesia. It connects consumers with dining experiences through detailed reviews and insights.Founded in 2016 and headquartered in Singapore, Eatsy Technologies Pte. Ltd. operates a blog platform that focuses on food and beverage recommendations. The company has not undergone any significant pivots since its inception. Lim Yi is the founder, who has previously established other ventures. In June 2019, Eatsy raised USD 1.19 mn in Seed funding led by East Ventures, valuing the company at USD 3.70 mn post-money, with total funding amounting to USD 1.19 mn.Eatsy primarily provides a comprehensive blog platform that focuses on food and beverage recommendations, specifically targeting All You Can Eat (AYCE) restaurants in Surabaya. The core product offering consists of restaurant reviews that include detailed information about pricing, menu options, ambiance, and overall dining experiences. The blog serves as a culinary guide, enabling users to explore a diverse range of local and international dining options, along with providing insights into current food and beverage trends. The target audience includes food enthusiasts, families, and individuals seeking dining experiences that align with their tastes and budgets. Eatsy’s services are aimed primarily at consumers in the Indonesian market, particularly in urban areas such as Surabaya, enabling them to navigate the culinary landscape effectively.Eatsy generated revenue of USD 22,630.60 in 2020, with an EBITDA amounting to USD -409,740. The company generates revenue through partnerships with restaurants, facilitating reservations, and promoting special offers, while also possibly engaging in affiliate marketing agreements that enhance visibility for participating establishments. The business model allows flexibility in pricing structures tailored to the needs of restaurants, focusing on delivering value through curated content and dining insights.In June 2019, Eatsy Technologies Pte. Ltd. raised USD 1.19 mn in Seed funding, which will be utilized to expand its platform and enhance user engagement. The funding will support the development of new features and improvements to the blog, aiming to attract a wider audience in the Indonesian market, particularly targeting urban centers for expansion.

## Funding rounds

- Seed, Jun 17, 2019, $1.2M — East Ventures, Mazarus Ltd

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed
- Mazarus Ltd — Seed