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REEF - About the company

REEF is a series D company based in Miami (United States), founded in 2013 by Philippe Saint-Just, Aziz Ihsanoglu and Ari Ojalvo. It operates as a Platform offering parking management and suite solutions for multiple retail and food businesses. REEF has raised $768M in funding from SoftBank and Mubadala, with a current valuation of $3B. The company has 3583 active competitors, including 299 funded and 141 that have exited. Its top competitors include companies like Toast, Olo and Arrive.

Company Details

Platform offering parking management and suite solutions for multiple retail and food businesses. It offers solutions to manage and optimize parking spaces in real-time. It also connects brands to consumers through its proximity network and offers solutions like customer acquisition, fulfillment, retail space development for brands, and last-mile delivery. Also, it offers mobile applications for users to find & compare parking spaces, payments management, and more. Additionally, it offers a cloud-based POS system, web & app-based ordering system, digital kiosks, and signage to retail outlets and food enterprises.
Social
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Email ID
*****@reeftechnology.com
Registered Address
Atlanta, Georgia
Key Metrics
Founded Year
2013
Location
Stage
Series D
Total Funding
$768M in 2 rounds
Latest Funding Round
Post Money Valuation
$3B as on Nov 02, 2020
Investors
Ranked
Employee Count
978 as on May 31, 2026
Investment & Acquisitions
Similar Companies
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REEF's funding and investors

REEF has raised a total funding of $768M over 2 rounds. Its first funding round was on 2018. Its latest funding round was a Series D round on Nov 02, 2020 for $766M. 5 investors participated in its latest round. REEF has 12 institutional investors.

Here is the list of recent funding rounds of REEF:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 02, 2020
$766M
Series D
$3B
-
2018
Undisclosed
Series C
-
-
-
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REEF's founders and board of directors

Founder? Claim Profile
The founders of REEF are Philippe Saint-Just, Aziz Ihsanoglu and Ari Ojalvo. Ari Ojalvo is the CEO of REEF.
Here are the details of REEF's key team members:

REEF's employee count trend

REEF has 978 employees as of May 26. Here is REEF's employee count trend over the years:
Employee count trend for REEF
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REEF's Competitors and alternates

Top competitors of REEF include Toast, Olo and Arrive. Here is the list of Top 10 competitors of REEF, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Toast
Toast
2011, Boston (United States), Public
Cloud-based point of sale and management system for restaurants
$900M
82/100
2nd
Logo for Olo
Olo
2005, New York City (United States), Acquired
Provider of a platform for restaurant brands to manage digital operations
$73.6M
80/100
3rd
Logo for Arrive
Arrive
2006, Chicago (United States), Series D
Tech-enabled platform offering parking and mobility management solutions
$65.3M
78/100
4th
Logo for Lunchbox
Lunchbox
2019, New York City (United States), Series B
Provider of online ordering solutions for restaurants
$72.1M
74/100
5th
Logo for Deliverect
Deliverect
2018, Ghent (Belgium), Series D
Streamlining restaurant and retail operations with end-to-end digital ordering solutions
$332M
71/100
6th
Logo for Paytronix
Paytronix
2001, Newton (United States), Acquired
Provider of digital guest engagement platform for restaurants and c-stores
$75M
71/100
7th
Logo for Park Plus
Park Plus
2019, Gurugram (India), Series C
Provider of vehicle-related services, including FASTag, challan, insurance, and parking
$51.8M
70/100
8th
Logo for Foodics
Foodics
2014, Riyadh (Saudi Arabia), Series C
Cloud-based POS and restaurant management system for efficient operations
$198M
70/100
9th
Logo for TouchBistro
TouchBistro
2010, Toronto (Canada), Acquired
Cloud-based POS and restaurant management system
$321M
69/100
10th
Logo for Odeko
Odeko
2019, New York City (United States), Series E
Provider of online ordering solution for coffee businesses
$296M
69/100
33rd
Logo for REEF
REEF
2013, Miami (United States), Series D
Platform offering parking management and suite solutions for multiple retail and food businesses
$768M
57/100
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REEF's Investments and acquisitions

REEF has not made any investments yet. REEF has made 4 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jul 30, 2026
Acquisition
2023
Dec 07, 2021
Acquisition
2018
Chicago (United States)
Nov 07, 2021
Acquisition
2019
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Reports related to REEF

Here is the latest report on REEF's sector:

News related to REEF

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FAQs about REEF

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