In an article titled, “Can Restorando Beat OpenTable in Latin America,” The Wall Street Journal covered the Series B funding of Restorando, an Endeavor Argentina company. As the current leading online restaurant reservation service in Latin America, Restorando has operations in 10 cities across four countries in South America, relationships with more than 2,000 restaurants, and partnerships with major local players.
The company’s $13.3 million funding round was led by Boston-based Flybridge Capital. Five other backers, including Endeavor Catalyst and KaszeK Ventures, the VC firm of Endeavor Argentina Entrepreneur Hernan Kazah and Endeavor Global Board Member Nicolas Szekasy, also participated. According to CEO Frank Martin, Restorando will use the capital to propel expansion throughout Latin America.
Frank Martin and his co-founder, Franco Silvetti, were selected by Endeavor in 2012.
To read the Wall Street Journal article, click here.