HomefundingKviar Ventures Raises $1M

Kviar Ventures Raises $1M

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clubkviarAccording to Eureka Startups, Kviar Ventures, a Madrid, Spain-based private club for food lovers, closed a €700k funding round.

Backers include 500 Startups, Grupo Intercom, Emmergia, and other business angels such as Evaristo Babe and Martin Sinner.
Enisa supported the round with a €300k loan.

The company intends to use the funds to consolidate its position in the Spanish market, expand abraod with the opening of París and London-based offices, as well as to develop the web and social platform.

Launched in early 2012 by CEO Christopher Fuchs and COO Stewart Masters, Clubkviar is a private gastronomic club that offers users a careful selection of top restaurants, an online reservation service and personal assistants to facilitate table bookings.
Members (by invitation) can receive privileged pricing in the form of 30% off the final bill (drinks included) and the guarantee of total discretion (working without any coupons or cards).

FinSMEs

12/03/2014

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