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Ireland’s newest unicorn Flipdish to hire 700 people this year

Ireland’s newest unicorn Flipdish to hire 700 people this year
Written by Publishing Team

The online ordering platform plans to reach new clients in the hospitality industry by investing in research and development.

Flipdish is Ireland’s newest unicorn, reaching a valuation of $1.25 billion after nearly $100 million in an investment led by Tencent.

As a result of this investment, Flipdish plans to hire 700 people this year. About a third of these jobs will be in Ireland, the company told, with the rest overseas.

The majority of jobs will be in technology as the company is seeking software engineers, data scientists, engineers, and product designers to join the team. There will also be a number of commercial roles available.

Flipdish is headquartered in Dublin, with offices throughout Europe and North America. She currently has a variety of roles across a number of locations advertised on her website, as well as remote roles.

In addition to driving international expansion, the latest investment will be used to fund Flipdish’s research and development.

The company, which provides restaurants and fast food with online ordering systems, is interested in finding new customers among cinemas, stadiums and airports.

Co-founder and CEO Conor McCarthy attributed the company’s recent success to digital adoption being driven by Covid-19 public health restrictions.

“The ongoing pandemic has accelerated this trend as hospitality companies are increasingly relying on digital experiences to attract and retain customers,” he said. “Our investment will help us enable more hospitality companies around the world to grow using best-in-class technology.”

McCarthy founded Flipdish with his brother James in 2015. The platform provides digital technologies for hospitality services including online ordering for collection and delivery, workplace QR code request, self-service kiosks, customer loyalty plans and digital marketing.

The company’s unicorn status comes a year after it received a $48.5 million investment from Tiger Global Management. Other current investors include Global Founders Capital, Elkstone, Enterprise Ireland and Growing Capital.

Flipdish’s newest investor, Tencent, is headquartered in China. Known as a multinational entertainment group and one of the largest gaming companies in the world, Tencent owns WeChat and Riot Games and has made more than 600 investments in companies including Epic Games and Tesla.

“If you want to see the future of digital customer experience and food delivery, go to China,” McCarthy said. “Tencent is our ideal partner with its proven track record of supporting food delivery companies. Armed with Tencent’s vision and expertise, Flipdish will ship in 2022.”

Flipdish currently operates in 25 countries. It has recently been recognized as one of the most popular scales in Europe.

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