Formitable

Formitable

Here to help restaurant achieve online success.

HQ location
Amsterdam, Netherlands
Launch date
Employees
Enterprise value
$35—53m
Company register number
67619665
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DateInvestorsAmountRound
-investor

€0.0

round
N/A

€0.0

round
N/A

€0.0

round
investor investor

€0.0

round
investor

€0.0

round

N/A

Merger
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-94 %92 %55 %42 %
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

More about Formitable
Made with AI
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Formitable is an Amsterdam-based company founded in 2017 by Raymond Wilders, Cyril Mestrom, and Milan van de Goor. The company specializes in providing an advanced e-commerce platform designed specifically for the restaurant industry. Formitable's platform combines booking systems, table management tools, and customer relationship management (CRM) functionalities, offering over 20 integrations to help restaurants enhance their guest experiences and optimize their operations. The platform serves a diverse range of clients, from local eateries to Michelin-starred establishments, facilitating over two million guest bookings each month for more than 2000 restaurants. Formitable operates on a subscription-based business model, generating revenue through monthly fees paid by restaurants for access to its software and services. The company's mission is to help restaurants achieve online success by creating unique booking experiences and ensuring full occupancy every night. Formitable's team consists of 35 high-energy, fun-loving, and hardworking individuals who are committed to building a great product without binding clients to long-term contracts.

Keywords: e-commerce, restaurant bookings, table management, CRM, integrations, guest experience, online success, subscription model, Amsterdam, hospitality tech.

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