Libro Receives Financing From Fondaction and BDC Capital

Libro, a Montreal, Canada-based provider of an online reservation management platform, raised an undisclosed amount in funding.

The round was led by Fondaction and BDC Capital.

The company intends to use the funds to accelerate its growth plans and expand operation.

Led by Lorne Schwartz, President, Libro is a provider of online reservation management solutions offering restaurants with a branded solution to fill tables, manage reservations, reduce no-shows, engage customers, and elevate the overall guest experience. Its Software-as-a-Service (SaaS) platform empowers restaurateurs to control the entire online reservation experience, retain all customer information, and eliminate pricey commission models that often come with third party reservation sites.

Its reservation platform is utilized at over 2,500 locations across Canada, the United States, and Europe.

FinSMEs

02/04/2023