Italian Bestie Bite raises €1.5M to accelerate US expansion
Bestie Bite, the Italian app dedicated toauthentic video reviews in the hospitality sector, has closed a €1. 5 millionfresh-money funding round through a SAFE instrument. The investment was led bythe G...
Key Takeaways
- Bestie Bite is expanding internationally with new funding to scale its AI-powered platform that helps users discover trusted hospitality venues while giving businesses new tools for growth.
- Raised less than four months after the company's first €700,000 round led by Techstars, the new funding brings Bestie Bite's total capital raised to €2.
The proceeds will support growth in Italy and expansion into the United States.
- These challenges have become more pronounced since the pandemic, as discovery and booking habits have evolved.
On the consumer side, Bestie Bite uses artificial intelligence to understand users' preferences and guide them through video content, helping them make faster decisions.
- Businesses also gain access to sentiment analysis and performance insights to monitor customer experience and service quality in real time.
Bestie Bite is led by co-founders Carlotta Robbe Di Lorenzo (CEO), and Caterina Vertefeuille (COO), both second-time founders with extensive hospitality experience.
- 5M to accelerate US expansion Comments Would you like to write the first comment?
Stats & Key Facts
- #5 million fresh-money funding round through a SAFE instrument.
- #Raised less than four months after the company's first €700,000 round led by Techstars, the new funding brings Bestie Bite's total capital raised to €2.
- #Bestie Bite has already recorded significant organic growth, surpassing 100,000 users and more than 120,000 uploaded videos across 80 countries.
Bestie Bite is expanding internationally with new funding to scale its AI-powered platform that helps users discover trusted hospitality venues while giving businesses new tools for growth. Artificial Intelligence Italian Bestie Bite raises €1. 5M to accelerate US expansion Bestie Bite is expanding internationally with new funding to scale its AI-powered platform that helps users discover trusted hospitality venues while giving businesses new tools for growth.
Tamara Djurickovic 4 hours ago Share Share Send email Copy link Bestie Bite , the Italian app dedicated to authentic video reviews in the hospitality sector, has closed a €1. 5 million fresh-money funding round through a SAFE instrument. The investment was led by the Grassi family through their family holding company G&G, a shareholder of E80 Group S.
Raised less than four months after the company's first €700,000 round led by Techstars, the new funding brings Bestie Bite's total capital raised to €2. The proceeds will support growth in Italy and expansion into the United States. Founded to address a growing disconnect in hospitality discovery, Bestie Bite tackles challenges on both sides of the market.
For more details please read the original article at Tech.eu.
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