TheFork, a restaurant reservation subsidiary of travel information provider TripAdvisor, has provided an undisclosed amount of series B funding for Singapore-based restaurant booking platform Eatigo, E27 reported today.
The companies did not disclose how much capital TheFork supplied but the round increased Eatigo’s overall venture funding to $15.5m. It received an undisclosed sum from unnamed investors in a December 2015 series A round.
Eatigo operates a table booking platform that focuses on off-peak booking, helping restaurants fill tables at times when they are not usually busy. It has some 700 partner restaurants in its network offering discounted meals.
The company, which currently operates in Singapore and the Thailand cities of Bangkok and Pattaya, will put the cash towards expansion in Southeast Asia. It is currently adding new algorithms to its offering and plans to introduce a loyalty scheme.
Michael Cluzel, co-founder and CEO of Eatigo, told E27: “We have traditionally shown a preference for strategic investors over VC funding and we still do. We see massive synergies that TripAdvisor can bring to the table to help us scale/expand as well as drive revenue.”