As AmEx Scoops Up Resy, A Look At Its History Of Acquisitions

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This week AmEx announced its acquisition of restaurant reservation startup Resy. Resy, which had raised $45m to date from investors including Lerer Hippeau, Airbnb, and Slow Ventures, built a people get seats at high and medium end restaurants (similar to an Opentable, Yelp Bookings etc.) A somewhat unsurprising purchase given the partnership these two built last year, but interesting to see Amex continue to go deeper into software and technology tools for customers that go beyond payments.

AmEx has been on a buying spree as of late. In March, we reported on its purchase of LoungeBuddy, a former partner which helped travelers with reviews of various airport lounge areas. Also this year AmEx picked up Pocket Concierge, a firm that we wrote “helps book in-demand restaurants and is similar to OpenTable” at the time.

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