Reservation-booking app Resy just got a massive investment from one of the most valuable startups in the world
Noam Galai / Stringer / Getty Images
The reservation booking app has raised a $13 million funding round led by Airbnb, the home-sharing startup currently worth $30 billion.
Payment technology company First Data and venture capital firms Lerer Hippeau Ventures and RSE Ventures also participated in the round.
The new cash infusion values Resy at $70 million, according to PitchBook.
Resy first announced a partnership with Airbnb in November, which coincided with the launch of Airbnb Trips. The partnership allows "Airbnb users to dine like a local, wherever they may be," Resy wrote in a press release announcing the funding.
Resy was founded in 2014 by Eater.com cofounder Ben Leventhal, entrepreneur Gary Vaynerchuk, and CrowdTwist cofounder Mike Montero. Resy allows users to make reservations at restaurants in more than 50 cities nationwide, competing with reservation booking site OpenTable. Resy says it now seats more than 1.4 million diners each month and has roughly 1,000 restaurants on the site.
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