Business Table investment from Seventure, Entrepreneur Venture

Business Table, the leading restaurant reservation solution for businesses, completes a second round of financing

Business Table, the leading restaurant reservation and event planning solution for businesses, raises 7 million euros to finance the acceleration of its growth. Seventure Partners and Entrepreneur Venture join historic investors Amundi and Citizen Capital, who also participated in the operation.

Since its launch in 2012, the company has raised 10 million euros and introduced a new concept to the market: simplifying restaurant reservations and event planning for businesses.

Business Table offers a choice of over 30 000 providers, including 15 000 restaurants, 1 500 caterers and 14 000 hotels and venues across France. The digital platform streamlines the entire process from reservation to payment, including a detailed spending analysis. The key: the client saves over 30% on average, while employees benefit from a vast choice of restaurants, caterers and venues.

Based in Paris, the start-up works with over 400 clients, from large corporates, including La Poste, Orange, Bayer and Estée Lauder, to SMEs. In order to provide the best service, Business Table has increased its partnerships with key players such as American Express, Edenred, Concur and AirPlus. Since its creation, the company has recorded impressive growth in revenues, with an average increase of over 90% per annum, with over 2 million reservations to date.

The funds raised will allow Business Table to consolidate its leadership in France and launch the platform across Europe. The company is looking to hire around 30 new employees over the next 12 months in order to strengthen its sales and R&D teams, thereby improving the customer experience.

Mickaël Hadjadj, president and founder of Business Table, said: “Thanks to all the shareholders for their support and trust. With Seventure’s Fintech expertise and European presence, Entrepreneur Venture’s experience with travel platforms, Citizen Capital’s commitment to social impact and Amundi’s strength, the new configuration of Business Table’s shareholders is sure to make it the European leader”.