Flipdish, an Irish developer of white-label food ordering platforms for restaurants, raised USD 100 million in funding led by Chinese conglomerate, Tencent. This brings its total funding to USD 157.1million, valuing the company at USD 1.25 billion. 

Flipdish expects to use its funds to expand global operations, fund R&D, and support new customers like hotels, stadiums, movie theaters, and airports. The company also plans to scale up its workforce and add ~700 people this year. The company intends to hire locally, mainly for tech-related roles. Currently, the company operates in 25 countries, including the United States, Canada, France, Germany, Ireland, and the United Kingdom, and counts many independent restaurant brands as its customers.

This funding round follows a USD 49 million funding from Tiger Global Management in February 2021. In 2022, Flipdish expects to continue to empower restaurants to keep online ordering capability in-house, thereby eliminating high fees charged by food delivery market places like UberEats and Doordash.