Resy
{{short description|American technology organization}}
{{Infobox company
| name = Resy Network, Inc.
| logo = Resy logo.svg
| type = Subsidiary
| founders = {{plainlist|
- Gary Vaynerchuk
- Ben Leventhal
- Michael Montero
}}
| area_served = International
| products = Restaurant reservation app
| owner =
| parent = American Express
| homepage = {{URL|https://resy.com}}
| footnotes =
| founded = {{start date and age|2014}}
| location = New York, New York
}}
Resy is an American online restaurant-reservation service company founded in 2014 by Gary Vaynerchuk, Ben Leventhal, and Michael Montero.{{cite web | date = 20 November 2019 | url = https://digiday.com/media/resy-using-editorial-content-differentiate/ | publisher = Digiday | title =How Resy is using editorial content to differentiate | accessdate = 24 December 2019}}{{cite web | last = Rao | first = Tejal | date = 2 November 2018 | url = https://www.nytimes.com/2018/11/02/dining/resy-buys-reserve-restaurant-reservations.html | work = The New York Times | title = Resy Acquires Reserve, in the Fierce Tussle Over Restaurant Reservations | accessdate = 24 December 2019}} As of 2023, approximately 16,000 restaurants{{Cite web |last=Fortney |first=Luke |date=2023-02-01 |title=How Resy Won the Reservation Wars in New York City |url=https://ny.eater.com/2023/2/1/23475584/how-resy-won-reservation-wars-opentable |access-date=2023-11-17 |website=Eater NY |language=en}} globally can be booked through Resy. {{Cite web |title=American Express's Resy Focuses On Customer Experience In First Global Campaign |url=https://www.mediapost.com/publications/article/384883/american-expresss-resy-focuses-on-customer-experi.html |access-date=2023-11-17 |website=www.mediapost.com |language=en}} Resy was acquired by American Express in 2019.{{Cite news |last=Merced |first=Michael J. de la |date=2019-05-15 |title=American Express to Buy Resy, a Restaurant Booking Service |language=en-US |work=The New York Times |url=https://www.nytimes.com/2019/05/15/business/dealbook/american-express-resy.html |access-date=2023-11-17 |issn=0362-4331}}
History
Resy was founded in 2014 by Ben Leventhal, co-founder of Eater.com, Michael Montero, co-founder of CrowdTwist, and entrepreneur Gary Vaynerchuk.{{cite web | last = Dixler Canavan | first = Hillary | date = 28 May 2014 | url = https://www.eater.com/2014/5/28/6224245/resys-ben-leventhal-and-gary-vaynerchuk-on-their-new-reservations-app | publisher = Eater.com | title = Resy's Ben Leventhal and Gary Vaynerchuk on Their New Reservations App | accessdate =24 December 2019}} In January 2017 the company raised $13 million from Airbnb, First Data Corporation and earlier investors RSE Ventures and Lerer Hippeau Ventures.{{cite web | last = Sawers | first = Paul | date = 9 January 2017 | url = https://venturebeat.com/2017/01/09/airbnb-leads-13-million-funding-round-into-restaurant-booking-service-resy/ | publisher = VentureBeat | title =Airbnb leads $13 million investment into restaurant booking service Resy | accessdate = 24 December 2019}} In April 2018, Resy enabled participating restaurants to list their properties on Airbnb through Resy's booking system and also acquired ClubKviar, a restaurant-booking platform in Spain.{{cite web | last = Adams | first = Erika | date = 17 April 2018 | url = https://table.skift.com/2018/04/17/resy-announces-global-expansion-new-tech-updates-for-restaurants/ | publisher = Skift | title = Resy Announces International Expansion and New Tech Updates for Restaurants | accessdate = 24 December 2019}} In 2018, Resy acquired a competitor, Reserve, a reservation app launched by Garrett Camp's incubator, Expa.{{cite web | last = Filloon | first = Whitney | date = 5 November 2018 | url = https://www.eater.com/2018/11/2/18056144/resy-reserve-acquisition-restaurant-reservation-apps | publisher = Eater.com | title = Resy Acquires Reserve, the Other Non-OpenTable Restaurant Reservation System
| accessdate = 24 December 2019}}
In 2019, American Express acquired Resy and integrated it into its mobile app as an offering for some rewards card members.{{cite web | last = Maidenberg | first = Micah | date = 15 May 2019 | url = https://www.wsj.com/articles/american-express-to-buy-digital-restaurant-services-company-11557929814 | publisher = The Wall Street Journal | title = American Express Buys Restaurant-Reservation Platform Resy | accessdate = 24 December 2019}}
In January 2024, it was announced that the platform would shut down its UK operations by the end of August 2024.{{Cite web |last=Witts |first=Sophie |date=2024-01-22 |title=Resy to shut down UK operations by September |url=https://www.thecaterer.com/news/resy-restaurant-booking-uk-operations-shut-down |access-date=2024-01-30 |website=The Caterer |language=en}}