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Restaurant app Liven scores $10m ... if it expands from Sydney and Melbourne

Yolanda Redrup
Yolanda RedrupRich List Editor

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A start-up that offers restaurant goers cashback for dining at specific restaurants through an app has scored a $10 million investment from a Melbourne venture capital firm, but it comes with a catch.

Liven, founded by university friends Grace Wong, William Wong and David Ballerini in 2014, currently operates in Sydney and Melbourne, but will be required to operate nationally in order to satisfy the requirements of its unnamed VC investors.

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Yolanda Redrup is the co-editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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    Original URL: https://www.afr.com/technology/restaurant-app-liven-scores-10m--if-it-expands-from-sydney-and-melbourne-20170228-gumusu