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.
Sectors and market segments that REEF operate in
REEF serves in the Real Estate and Construction Tech, Food and Agriculture Tech, Travel and Hospitality Tech, Auto Tech, Transportation and Logistics Tech market segments.The primary business model of REEF are:- Real Estate and Construction Tech > Commercial Real Estate Tech > ***** **** > ***** ******
- Food and Agriculture Tech > Food Tech > ***** **** > ***** ******
- Travel and Hospitality Tech > Road Transport Tech > ***** **** > ***** ******
- Auto Tech > Road Transport Tech > ***** **** > ***** ******
- Transportation and Logistics Tech > Road Transport Tech > ***** **** > ***** ******
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.
- Website
- reeftechnology.com
- Email ID
- *****@reeftechnology.com
- Registered Address
- Atlanta, Georgia
Key Metrics
Founded Year
2013
Location
Miami, United States
Stage
Series D
Total Funding
$768M in 2 rounds
Latest Funding Round
Post Money Valuation
$3B as on Nov 02, 2020
Ranked
33rd among 3583 active competitors
Employee Count
978 as on May 31, 2026
Legal entities associated with REEF
REEF is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
REEF GLOBAL INC CIN: 472770165 , United States, Active | Dec 31, 1999 | - | 3540 (As on Dec 31, 2024) | - |
REEF GLOBAL INC. CIN: 5881887 , United States, Active | Nov 19, 2020 | - | - | - |
REEF Global, Inc. CIN: 47-2770165 , United States, Active | Jan 11, 2015 | - | 7150 (As on Dec 31, 2020) | - |
REEF KITCHENS LIMITED CIN: 10137109 , United Kingdom, Active | Apr 20, 2016 | £10M - £50M (As on Dec 31, 2022) | 15 (As on Dec 31, 2022) |
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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 | - | - | - |
View details of REEF's funding rounds and investors
REEF's founders and board of directors
Founder? Claim ProfileThe 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:
- Philippe Saint-Just: Former Co-Founder of REEF and founder of 1 other company. Contact Info: 1 email address
- Aziz Ihsanoglu: Co-Founder of REEF and founder of 1 other company. Contact Info: 1 email address
- Ari Ojalvo: Co-Founder & CEO of REEF. Contact Info: 1 email address
View details of REEF's Founder profiles and Board Members
REEF's employee count trend
REEF has 978 employees as of May 26. Here is REEF's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Toast 2011, Boston (United States), Public | Cloud-based point of sale and management system for restaurants | $900M | 82/100 | |
2nd | Olo 2005, New York City (United States), Acquired | Provider of a platform for restaurant brands to manage digital operations | $73.6M | 80/100 | |
3rd | Arrive 2006, Chicago (United States), Series D | Tech-enabled platform offering parking and mobility management solutions | $65.3M | 78/100 | |
4th | Lunchbox 2019, New York City (United States), Series B | Provider of online ordering solutions for restaurants | $72.1M | 74/100 | |
5th | Deliverect 2018, Ghent (Belgium), Series D | Streamlining restaurant and retail operations with end-to-end digital ordering solutions | $332M | 71/100 | |
6th | Paytronix 2001, Newton (United States), Acquired | Provider of digital guest engagement platform for restaurants and c-stores | $75M | 71/100 | |
7th | Provider of vehicle-related services, including FASTag, challan, insurance, and parking | $51.8M | 70/100 | ||
8th | Foodics 2014, Riyadh (Saudi Arabia), Series C | Cloud-based POS and restaurant management system for efficient operations | $198M | 70/100 | |
9th | TouchBistro 2010, Toronto (Canada), Acquired | Cloud-based POS and restaurant management system | $321M | 69/100 | |
10th | Odeko 2019, New York City (United States), Series E | Provider of online ordering solution for coffee businesses | $296M | 69/100 | |
33rd | 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:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 30, 2026 | Acquisition | 2023 | London (United Kingdom) | |
Dec 07, 2021 | Acquisition | 2018 | Chicago (United States) | |
Nov 07, 2021 | Acquisition | 2019 | Dubai (United Arab Emirates) |
See all acquisitions by REEF
Reports related to REEF
Here is the latest report on REEF's sector:
News related to REEF
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Marti Technologies, Inc. Appoints New Interim Chief Financial OfficerBusiness Wire•Nov 02, 2024•MARTI, REEF
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Ghost kitchen company once valued at $1B pivots to grocery delivery as food-prep business withersNew York Post•Aug 09, 2024•REEF
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Mubadala leads $700m funding round for US tech start-upThe National•Sep 02, 2023•Mubadala, REEF, SoftBank Vision Fund, Oaktree Capital Management and 2 others
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Cepsa taps Reef to introduce restaurant brands across stationsPetrolPlaza•Jul 22, 2023•Cepsa, REEF, Mubadala, Oaktree Capital Management
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Bluestone Lane taps former Sweetgreen leader , Retail Zoo execsFast Casual•Aug 24, 2022•Bluestone Lane, REEF
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