TableCheck Raises 700 Million Yen for Business Expansion
TableCheck, a pioneering company providing a reservation and customer management platform aimed at restaurants, has announced a successful fundraising round, securing a total of 700 million yen through debt financing. With its headquarters located in Chuo City, Tokyo, and led by CEO Yu Taniguchi, TableCheck plans to utilize this new influx of capital to accelerate the expansion of its business operations both domestically and internationally.
Strategic Focus for Growth
The recent fundraising involves notable financial institutions, including Mizuho Capital, SBT Shinsei Bank, and Fukuoka Bank. The funds will be allocated to growth investments and working capital, enhancing the development of services that improve the dining experience for restaurants and patrons alike. TableCheck aims to offer a comprehensive platform that centralizes restaurant reservations and customer management, providing diners around the globe with a seamless experience.
In addition to strengthening its domestic market, TableCheck is poised to ramp up its overseas strategy, working diligently towards global business growth. This move represents a significant commitment to enhancing its products and services to meet the evolving needs of customers and the food service industry as a whole.
Support from Financial Institutions
Investment Manager Toshiya Sonoda from Mizuho Capital’s Investment and Growth Investment Department expressed unwavering support for TableCheck, stating that it is not just a company focused on the digital transformation of restaurants but an innovative platform re-defining dining experiences. As a fan of TableCheck, he is committed to aiding its mission to deliver unparalleled value globally.
Similarly, Takayuki Kawai, Deputy General Manager from SBT Shinsei Bank's Venture Business Department, and Ryosuke Takeuchi, Acting Department Head, expressed their honor in supporting TableCheck's growth strategy. They highlighted the company's efforts in addressing significant challenges in the restaurant industry, such as digitalization and operational efficiency.
A Vision for the Future
In response to the funding, CEO Yu Taniguchi stated, “This financing will significantly contribute to advancing product development and expanding our domestic and international operations, connecting restaurants with diners to create new values in the hospitality industry.” The company's mission,