First Table is giving everyday Kiwis the opportunity to own a portion of their leading hospitality technology platform, aiding the company's global expansion and product develop.
Launching in 2014, the First Table booking platform has delivered an impressive 65 percent revenue CAGR, boasting more than 1,400 restaurants in six countries across the world and over 750,000 users.
With its large network, the platform is well-positioned for continued growth in existing markets and expansion into new cities.
The capital raise is being facilitated by Snowball Effect, a New Zealand-based private equity online investment marketplace that provides companies with a platform to sell shares to the general public.
Investors are invited to request their interest now on the Snowball Effect website.
The hospo-tech platform integrates seven of the most prominent restaurant reservation systems, providing businesses with an effective way to turn their unoccupied tables into profitable marketing opportunities. Groups of two to four diners pay a small fee to reserve a table, and in exchange receive a 50 percent discount on their food bill.
Not only does the platform rewards guests who choose to dine early, reducing the pressure off restaurants during peak hours, but the platform also encourages customers to expand their culinary palettes by trying new restaurants.
"First Table is more than just a booking platform, it's a community of food lovers coming together to discover new and exciting restaurants," commented Mat Weir, Founder of First Table.
