OpenTable
“Can OpenTable evolve from a reservation marketplace into the financial and operational OS for the global restaurant industry?”
Founded1998
HQSan Francisco, California, USA
Latest roundAcquired by Booking Holdings (formerly Priceline Group)
IndustryVertical SaaS / Restaurants
The story
Founded in 1998 as a pioneering online restaurant reservation service, OpenTable grew to become the dominant booking platform for restaurants globally. After being acquired by Booking Holdings in 2014, OpenTable began expanding beyond reservations into broader restaurant management software, including POS integrations, guest experience tools, and embedded payment services that allow diners to pay bills through the platform — marking a shift toward becoming a more comprehensive operating system for restaurants.
Last 12 months
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Product timeline
1998
OpenTable founded as an online restaurant reservation platform.· pivot
2014
Acquired by Priceline Group (now Booking Holdings) for approximately $2.6 billion.· acquisition
2023
Launched embedded Payment Services allowing diners to pay restaurant bills directly through the OpenTable platform.· banking
The stack
Payments / PSP
Accounting gap: minor