Flipdish latest Irish company to achieve unicorn status with €1bn valuation

The company is the fifth home-grown tech start-up to achieve coveted unicorn status following Tencent cash injection

Flipdish vaulted the $1 billion valuation milestone following an investment of approximately $100 million (€87 million) from Tencent, the Chinese tech conglomerate. Picture: Conor McCabe.

Flipdish, the Irish food-ordering platform, has been valued at $1.25 billion (€1.09 billion), joining four other homegrown Irish start-ups Intercom, Fenegro, LetsGetChecked and Workhuman in achieving unicorn status.

A unicorn is a privately held start-up company that has a valuation of more than $1 billion. Although Stripe, the Irish payments giant, is currently one of the most valuable tech companies in the world at $95 billion, it was originally founded in San Francisco by Irish ...