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Resy, founded in 2014 and headquartered in New York, is a hospitality technology platform that powers restaurants worldwide and serves as a consumer-facing reservation platform for diners. The company offers restaurant discovery, exclusive access, original content, and chef-driven culinary events. In May 2019, American Express acquired Resy, solidifying its position in the hospitality technology sector.
Since its inception, Resy has raised a total of $15 million in funding, demonstrating investor confidence in its business model and growth potential. The company's innovative approach to restaurant reservations and its partnership with American Express have contributed to its success in the competitive hospitality industry.
As of now, there is no official information or credible reports regarding Resy's plans for an initial public offering (IPO). Given its acquisition by American Express, the likelihood of a standalone Resy IPO is uncertain. Investors interested in gaining exposure to Resy's business model may consider exploring investment opportunities in its parent company, American Express, which is already publicly traded.
It's important to note that any discussions about a potential Resy IPO would be purely speculative at this point. The company's future plans, including any potential public offering, would depend on various factors such as market conditions, strategic goals, and the overall performance of both Resy and American Express.
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While Resy's IPO prospects remain uncertain, investors eager to gain exposure to innovative restaurant technology companies don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the hospitality tech sector. Our platform allows you to diversify your portfolio with lower minimum investments, potentially benefiting from the growth of emerging industry disruptors like Resy before they go public.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.