How a €1M Investment is Propelling Restworld Toward Global Hospitality Leadership
Restworld, portfolio company from our SaaS Milan 2022 batch, has raised €1 million in seed funding to revolutionize hiring in the hospitality and restaurant sector (Ho.Re.Ca).
The Turin-based startup bridges the gap between businesses and job seekers, emphasizing transparency, accessibility, and ethical recruitment practices.
The funding will support the creation of Restworld’s 2.0 platform, tailored to serve businesses of all sizes, from independent eateries to global chains. This milestone comes at a time of rapid change in the hospitality sector, underpinned by updates to Italy’s national labor agreement (CCNL).
Expanding to Global Horizons
With €1 million in revenue in 2024, partnerships with Lavazza, KFC, and Baladin, and a community of over 150,000 workers and 800 businesses, Restworld is already a key player in Italy’s Ho.Re.Ca industry. Having facilitated over 2,000 job placements, the company is expanding internationally to Luxembourg, Germany, Switzerland, and Spain, with a goal to reach €10 million in revenue by 2027 and become a global leader in hospitality recruitment.
About Restworld
Restworld was founded in 2020 by a team of under-30 innovators—Luca Lotterio (CEO), Davide Lombardi (COO), Edoardo Conte (CTO), and Lorenzo D’Angelo (CFO)—with expertise in work psychology and engineering. Built on the pillars of ethics, sustainability, and innovation, Restworld’s mission is to become the go-to platform for connecting job seekers and businesses in hospitality. Its recruitment platform already serves over 800 businesses and 150,000 workers across Italy. Now, Restworld is preparing for its next big leap: entering the global stage and driving its revenue beyond €10 million by 2027.
Ethics and Transparency Drive the Mission
Restworld’s transparency sets it apart. The €1 million funding round consists of €650,000 in equity and €350,000 in debt financing, bolstered by their win in UniCredit’s Start Lab 2024 program.
By tackling long-standing challenges in hospitality hiring through innovation and ethical practices, Restworld is not just transforming recruitment—it’s setting a new global standard for inclusivity and sustainability in the industry. Stay tuned as they continue their exciting journey to redefine hospitality hiring worldwide.
December 5, 2024