NeoTaste Raises €5.9M in Series A Funding

neotaste

Neotaste, an Osnabrück, Germany-based restaurant app that digitally connects guests and gastronomy, raised €5.9m in Series A funding.

Burda Principal Investments (BPI), the growth capital arm of media and technology company Hubert Burda Media, led the round, with participation from existing investors Userlane founder Kajetan Uhlig and Flaschenpost co-founders and current CEOs Niklas Plath and Christopher Huesmann.

Co-founded by Hendrik Sander and Tobias Düser, Neotaste is a B2C platform that allows restaurants to offer exclusive deals and users to discover new locations. Their comprehensive app-based solution integrates customer-restaurant interactions: consumers get exclusive dining deals and restaurants benefit from an accessible platform to enhance customer engagement. More than 300,000 users already have access to deals via the subscription app, which are currently offered exclusively by more than 1,300 restaurants in thirteen German cities.

With the new funding, the startup plans to expand to other German cities and internationally, and to add additional products and services to the platform.

FinSMEs

14/08/2023