Savored
Savored is a platform that provides yield management solutions for the restaurant industry.
Business Model:
Revenue: $0
Employees: 11-50
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Detailed Savored Information
Geographic Data
Address:
City: New York
State: New York
Zip:
Country: United States
Financial Info
Stage:
series a
Raised Last:
$3M
Raised Total:$4M
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0Website Global Rank
0Website Monthly Traffic
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Description
Savored is the nation’s leading provider of yield management solutions to the restaurant industry. Over 1,000 restaurants nationwide use the Savored reservation platform to lower prices when they have empty tables and to increase prices when they have excess demand. Savored leverages a proprietary technology that searches restaurant availability and leverages yield management to offer diners the lowest possible price at great restaurants. Consumers browse Savored’s list of leading restaurants, make free online reservations and then receive discounts of 15%-40% off their total bill automatically applied at the end of their meal.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2011 | Series A | 4 | $3M |
Hearst Ventures Michael Lazerow GrandBanks Capital Primary Venture Partners Hearst Ventures Hearst Ventures Michael Lazerow GrandBanks Capital Primary Venture Partners Hearst Ventures |
1/2010 | Seed Round | $750k |
|---|
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