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Airbnb leads funding of restaurant-booking app, Resy

As Airbnb seeks to close the loop around experiential travel, it announced on Monday it led a US$13 million round of funding for restaurant-booking app, Resy Network Inc.

Airbnb will use Resy’s table-booking services become an even more complete one-stop shop for travelers.

The funding, which also includes payments firm First Data Corp. and venture-capital firms RSE Ventures and Lerer Hippeau Ventures, values Resy at about US$70 million, according to an estimate from PitchBook Data.

Resy seeks higher-end restaurants to list for booking tables and aims to capture more data about diners to help eateries better serve repeat customers. It lists about 1,000 U.S. restaurants in 50 markets; that compares with 40,000 restaurants on OpenTable globally.

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