Dublin-based Flipdish, a food-tech startup that provides online ordering and marketing solutions to restaurants, recently raised $40 million in a funding round led by Insight Partners. The company, founded in 2015, has seen significant growth in recent years, and this investment will further enable Flipdish to expand its operations globally. In this article, we will explore the benefits of investing in Dublinbased Flipdish 40m managementlewinsifted.
Online Food Ordering Industry
Online food ordering is an industry that has seen tremendous growth in recent years, particularly since the onset of the COVID-19 pandemic. Consumers have increasingly turned to online platforms to order food from their favorite restaurants and avoid in-person dining. According to Statista, the online food delivery market is expected to grow at a compound annual growth rate of 7.5% from 2021 to 2025, with a market volume of over $151 billion by 2025. Therefore, investing in a company like Flipdish, which provides online ordering and marketing solutions, is a wise investment choice.
Flipdish’s Value Proposition
Flipdish provides restaurants with an online ordering system that is customizable and integrates with their existing website and social media channels. The system allows restaurants to manage their orders, payments, and customer data in one place and offers various marketing tools to help restaurants attract and retain customers. Flipdish’s platform is also user-friendly and provides a seamless ordering experience for customers.
Benefits of Investing in Flipdish
- Growth Potential: Flipdish has seen significant growth since its founding in 2015. The company has expanded its operations to multiple countries and has a solid customer base of over 3,000 restaurants. With the recent funding round, Flipdish plans to expand its operations globally, which presents significant growth potential for investors.
- Competitive Advantage: Flipdish’s platform offers a customizable, all-in-one solution for restaurants, which sets it apart from competitors who offer similar services. The company’s user-friendly platform and various marketing tools also provide a competitive advantage, making it an attractive choice for restaurants looking to streamline their online ordering process.
- Resilience: The COVID-19 pandemic has shown the importance of having a solid online presence for restaurants. Flipdish’s platform has enabled restaurants to continue operating during the pandemic, providing a source of revenue and customer engagement. As the world continues to navigate the pandemic, investing in a company like Flipdish that offers online ordering and marketing solutions is wise.
- Experienced Management Team: Flipdish has a strong management team with years of experience in the food and tech industries. The team has successfully led the company through multiple funding rounds and has a clear vision for the company’s future growth.
Conclusion
Investing in Dublin-based Flipdish presents an intelligent investment choice for those looking to capitalize on the growth of the online food ordering industry. The company’s customizable, all-in-one platform and various marketing tools provide a competitive advantage, while its solid customer base and experienced management team make it a resilient investment choice. With the recent $40 million funding round, Flipdish is well-positioned for further growth and expansion.
