OpenTable is an online restaurant-reservation service company. The service provides restaurant owners with comprehensive reservation management. Subscribing restaurants use an Electronic Reservation Book (ERB) to replace existing paper reservation systems; ERB is an integrated software and hardware solution that computerizes restaurant host-stand operations. The ERB handles reservation management, table management, guest recognition, and email marketing. The Company also has a mobile application that allows users to find and book dinner reservations.

TypeSubsidiary
Parent CompanyBooking Holdings
HQSan Francisco, US
Founded1998
Websiteopentable.com
OpenTable was founded in 1998 and is headquartered in San Francisco, US
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Key People/Management at OpenTable

Christa Quarles

Christa Quarles

CEO
Connie Chen

Connie Chen

General Counsel
Scott Day

Scott Day

SVP, People & Culture
Joseph Essas

Joseph Essas

CTO
Prasad Gune

Prasad Gune

SVP, Product
Scott Jampol

Scott Jampol

SVP, Marketing
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OpenTable Office Locations

OpenTable has offices in Preston, Mumbai, Frankfurt am Main, Ciudad de México and in 7 other locations
San Francisco, US (HQ)
700 1 Montgomery St
Chicago, US
320 954 W Washington Blvd
Denver, US
350 1899 Wynkoop St
Los Angeles, US
1000 6255 Sunset Blvd
New York, US
920 Broadway
Preston, AU
84 Hotham St
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OpenTable Financials and Metrics

Summary Metrics

Founding Date

1998

Total Funding

$48 m

Investors

In total, OpenTable had raised $48 m. OpenTable is a subsidiary of Booking Holdings

OpenTable Revenue

Embed Graph
OpenTable's revenue was reported to be $190.05 m in FY, 2013 which is a 17.6% increase from the previous period.
Annual
USDFY, 2011FY, 2012FY, 2013

Revenue

139.5m161.6m190.1m

Revenue growth, %

16%18%

Cost of goods sold

39.4m41.9m48.2m

Gross profit

100.2m119.7m141.9m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014

Revenue

39.4m39.6m39.7m45.5m45.6m46.7m53.8m

Cost of goods sold

10.5m10.3m10.5m11.4m11.5m12.8m14.3m

Gross profit

28.9m29.2m29.2m34.1m34.1m33.9m39.4m

Gross profit Margin, %

73%74%73%75%75%73%73%
Annual
USDFY, 2011FY, 2012FY, 2013

Cash

36.5m102.8m100.3m

Accounts Receivable

18.8m22.0m25.4m

Prepaid Expenses

2.7m2.9m4.7m

Current Assets

82.7m142.8m162.4m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014

Cash

44.6m57.5m85.2m94.5m80.9m90.5m103.5m

Accounts Receivable

18.8m18.8m19.2m23.5m23.6m22.8m26.5m

Prepaid Expenses

2.7m3.3m3.1m2.6m5.1m7.0m4.0m

Current Assets

90.4m105.0m119.4m137.9m137.2m149.8m167.1m
Annual
USDFY, 2011FY, 2012FY, 2013

Net Income

21.6m24.0m33.4m

Depreciation and Amortization

8.0m9.1m12.4m

Accounts Payable

10.3m18.0m8.3m

Cash From Operating Activities

42.1m61.3m66.0m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014

Net Income

4.8m10.6m16.5m7.1m15.5m23.1m(3.6m)

Depreciation and Amortization

2.2m4.4m6.6m2.6m5.5m8.8m3.7m

Accounts Payable

3.6m7.7m12.8m(2.4m)(4.2m)1.4m(259.0k)

Cash From Operating Activities

15.8m27.8m45.3m12.1m26.7m42.8m15.6m
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OpenTable Operating Metrics

FY, 2013Q1, 2014Dec, 2016Aug, 2017Q3, 2017Q4, 2017Q1, 2018

Diners Seated per Month

14.70 m15.60 m21 m23 m24 m25 m25 m

Restaurants

31 k31 k40 k43 k43 k45 k46 k

Diners Seated to Date

575 m620 m1 b1.40 b1.50 b1.60 b

Reviews

25 m61 m64 m67 m
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OpenTable Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Copilot LabsAugust 02, 2014
Ness ComputingFebruary 06, 2014
QuickcueDecember 16, 2013
JustChaloJune 14, 2013
FoodspottingJanuary 29, 2013
TreatfulAugust 03, 2012
toptableSeptember 15, 2010
GuestBridgeSeptember 15, 2009
Copilot Labs, Inc.
Foodspotting, LLC
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OpenTable Revenue Breakdown

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OpenTable revenue breakdown by business segment: 32.5% from Subscription, 60.6% from Reservations and 6.9% from Other

OpenTable revenue breakdown by geographic segment: 13.5% from International and 86.5% from North America

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OpenTable Online and Social Media Presence

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OpenTable News and Updates

OpenTable CEO Christa Quarles: To Check Diversity Progress, Look at Who You Hired Last Quarter

Who you just hired is revealing, OpenTable CEO Christa Quarles says.

Announcing OpenSeat: Virginia Tourism Corp. and OpenTable Partner on New Dining Program Launching Exclusively in Virginia this September

RICHMOND, Va., Sept. 27, 2018 /PRNewswire/ -- Today, the Virginia Tourism Corporation, in partnership with OpenTable, announced the launch of OpenSeat, a new program that allows diners to opt-in to share an open seat at their table with someone new. The program is designed to bring people ...

American Express is launching a mobile restaurant booking feature like OpenTable to court rich millennials — and it will include exclusive tables at Michelin-starred hot spots (AXP)

American Express is launching a new OpenTable-like feature for its Platinum cardholders that will allow them to book reservations at thousands of restaurants from their mobile phone. The service will cover a broad range of restaurants, including access to exclusive tables at Michelin-starred spots…

OpenTable explains how to get a lot of value out of a little data

CTO Joseph Essas explains how OpenTable got so much better at predicting what users want by using only a little bit of big data.

OpenTable Reveals 100 Most Scenic Restaurants in America

SAN FRANCISCO, Aug. 22, 2018 /PRNewswire/ -- Diners looking to broaden their travels and enjoy astonishing scenery as they feast - from wooded overlooks to twinkling skylines and everything in between – need look no further than OpenTable, the world's leading provider of online restaurant ...

Digital health start-up Zocdoc is wrestling with a price change that could cripple doctors

Zocdoc has been planning to change its pricing structure but doctors are fighting hard against it.
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OpenTable Company Life and Culture

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