The European social eating platform, VizEat has acquired EatWith. VizEat connects travelers and local hosts around authentic dining experiences. This
The European social eating platform, VizEat has acquired EatWith. VizEat connects travelers and local hosts around authentic dining experiences. This includes dining in local’s homes, cooking classes, and food tours. EatWith which is an American startup similar to VizEat is based in San Francisco. In 2014 the American startup raised an estimated $ 8 million in its series A round of funding. The bulk of the funds came from the startup’s backers such as Greylock Partners.
According to VizEat’s spokesperson, the company does not disclose information relating to its acquisition deals. However, the company acquired EatWith in its entirety. In this regard, VizEat acquired the San Fransisco based start-up’s website and its ongoing activities. The acquisition is aimed at expanding VizEat’s offering of fine dining experiences with locals. In addition, EatWith hosts will have access to VizEat’s global partners in the tourism and travel industry, both online and offline.
While the founders of EatWith had already left the startup before the acquisition, the company’s team members working in San Fransisco and Tel Aviv will join the new combined entity. The team members will handle the management and expansion of the new entity’s host community and global partnerships. This will be in addition to more hires being done in the near future. Furthermore, the existing partnership between EatWith and one of its backers, TripAdvisor will continue. This is according to information received from VizEat.
According to VizEat, the acquisition of EatWith has rubber stamped its status as a leader in the food and travel sectors for enabling social dining experiences with locals. Furthermore, VizEat has over 25,000 hosts in over 130 countries. These hosts use a localized version of the Vizeat app that is available in English, German, French, Italian, Chinese and Spanish. The acquisition follows up on the acquisition of France based Cookening, which was a pioneer in the dining with a local sector, in 2015.