Rome-based hospitality discovery startup Bestie Bite has raised a new €1.5 million investment round, five months after announcing its first $700,000 funding.
The company said the new capital will be used to strengthen its position in Italy, accelerate expansion in the United States, grow the team, and continue developing its technology. Bestie Bite focuses on hospitality discovery, aiming to help consumers find trusted places while giving restaurants tools to build their online presence without the cost and complexity of traditional marketing.
Since its earlier round, the startup says it has expanded from Italy to San Francisco and surpassed 100,000 video reviews across more than 80 countries. With the latest raise, Bestie Bite reports total funding of more than €2.2 million.
In announcing the round, the company thanked the Grassi family and E80 Group for supporting this latest phase of growth.
The company said the new capital will be used to strengthen its position in Italy, accelerate expansion in the United States, grow the team, and continue developing its technology. Bestie Bite focuses on hospitality discovery, aiming to help consumers find trusted places while giving restaurants tools to build their online presence without the cost and complexity of traditional marketing.
Since its earlier round, the startup says it has expanded from Italy to San Francisco and surpassed 100,000 video reviews across more than 80 countries. With the latest raise, Bestie Bite reports total funding of more than €2.2 million.
In announcing the round, the company thanked the Grassi family and E80 Group for supporting this latest phase of growth.