# Servy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/servy

- Industry: Internet
- Headquarters: New York, US
- Website: www.servyapp.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Aug 3, 2015)
- Investors on record: 5

## About

Servy, Inc. is a technology platform that enhances dining experiences through restaurant management solutions, including reservation and customer relationship management services, aimed at streamlining operations for restaurant operators and improving customer engagement.Founded in 2014 and based in New York, US, Servy, Inc. is focused on providing innovative solutions for restaurant operations. The company was acquired by Resy Network, Inc. in October 2017, which is a portfolio company of notable investors including Airbnb and First Data. The founder's prior business experience is not publicly detailed. Servy has completed a total of four funding deals, with the latest funding round being a Seed round amounting to USD 0.80 mn, raised from investors such as Beacon, DreamIt Ventures, Food-X, RiverPark Ventures, and SOSV.Servy, Inc. offers a comprehensive suite of restaurant management solutions, including reservation management, customer relationship management, and data analytics capabilities. Its platform enables users to discover, book, and manage dining experiences, facilitating seamless interactions between diners and restaurant operators. The system is designed to support independent restaurants as well as large restaurant groups across major urban markets in the US, Canada, and select global cities, including New York, Los Angeles, Chicago, and Toronto.Servy, Inc. operates a subscription-based revenue model, where restaurants pay fees for access to its reservation and management platform. Clients often enter into contractual agreements that feature tiered pricing based on their size and needs, alongside additional fees for premium services such as advanced analytics and promotional support. Revenue-sharing agreements may also occur for unique dining experiences facilitated through the platform, enhancing client engagement and operational efficiency.Servy plans to leverage its recent funding of USD 0.80 mn to enhance its product offerings and expand into new markets. The company is focused on developing new features and tools intended to improve restaurant management efficiency. Specific geographic expansion plans are not detailed, but the company aims to penetrate additional major urban markets by 2025. The acquisition by Resy Network, Inc. is expected to bolster its growth strategy, providing access to broader resources and technology innovations.

## Funding rounds

- Seed, Aug 3, 2015, $0.8M — DreamIt Ventures, SOSV, RiverPark Advisors, Beacon, Food-X
- Seed, Aug 29, 2014, $0M — SOSV, Food-X

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Food-X — Seed
- DreamIt Ventures (https://capitalatlas.ai/funds/dreamit-ventures) — Seed
- RiverPark Advisors (https://capitalatlas.ai/funds/riverpark-advisors) — Seed
- Beacon — Seed