Matteo Sydney
Matteo Sydney is a privately held Italian restaurant and cocktail bar group operating two Sydney venues — Double Bay and CBD — serving social diners, corporate clients, and weddings with dine-in, functions, bottomless lunch packages, and gift cards.
- Company typePrivate
- Founded2017
- HeadquartersSydney, Australia
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Matteo Sydney does
Matteo Sydney is a privately held, Sydney-based hospitality group operating two Italian restaurant and cocktail bar venues — Matteo Double Bay (29 Bay Street) and Matteo Downtown (20 Bond Street, Sydney CBD) — under the broader Matteo Group umbrella. Founded by Orazio D'Elia, the business positions each venue with a distinct identity: Double Bay offers a Mediterranean, Amalfi-inspired fit-out with an aperitivo lounge, open theatre kitchen, and private dining; Downtown targets a contemporary Milan-esque CBD experience with a pizza oven, Italian cocktail list, and outdoor aperitivo deck, accommodating up to 275 guests cocktail-style. The offering is built around an open theatre kitchen, wood-fired pizza oven, and craft Italian cocktail program across both locations.
The group monetizes through four primary streams: dine-in food and beverage service across both venues; functions and events including corporate functions, weddings, and private dining for groups of 8 to 275 guests; bottomless lunch packages ("Il Dolce Pranzo") structured as a 2-hour fixed-duration experience; and venue-specific gift cards with periodic promotional pricing. Pricing signals include an $80 per person minimum spend on Friday and Saturday nights, a $50 per person cancellation/no-show fee, and $5 per person cakeage and corkage charges. Customer segments are split across social diners and celebrations (primary), corporate and events, and weddings and romantic occasions.
Distribution is direct-to-consumer through the company's own website and the SevenRooms reservation platform, which captures guest data and booking flow for both venues. Marketing relies on direct digital presence and earned media/press coverage. The company is privately held, Australian-domiciled under New South Wales law, with no disclosed external investors, parent company, funding rounds, or public financial statements, making Matteo Sydney a sub-scale, founder-controlled hospitality operator whose performance cannot be verified beyond its public-facing venue information.
Matteo Sydney firmographics
Firmographics- Name
- Matteo Sydney
- Legal name
- Matteo Sydney
- Website
- https://matteosydney.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Matteo Sydney is a privately held Italian restaurant and cocktail bar group operating two Sydney venues — Double Bay and CBD — serving social diners, corporate clients, and weddings with dine-in, functions, bottomless lunch packages, and gift cards.
- Ownership category
- akta.pro rank
Matteo Sydney industry classification
Industry- Product category
- Italian Restaurants & Hospitality
- NAICS
- Full-Service Restaurants (722511), Drinking Places (Alcoholic Beverages) (7224), Caterers (722320)
- SIC
- Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812)
- akta.pro primary industry
- All-Day Dining Restaurants (THAFACAJ)
- akta.pro secondary industries
- Special Occasion & Destination Restaurants (THAFACAK), Venue & Banquet Hall Catering (THAFAIAC)
Keywords
Where Matteo Sydney is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
Matteo Sydney business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Dine-in Service: Full-service Italian dining experience with food and beverage sales at both Double Bay and Downtown venues, operating as a fully licensed restaurant with cocktail bar.
- Functions and Events: Corporate functions, weddings, and private dining services with dedicated event packages and catering for groups of 8 to 275 guests depending on venue.
- Bottomless Brunch Packages: Curated bottomless lunch experiences including food and beverages for set duration (2 hours) at both venues.
- Gift Cards: Gift voucher sales valid at designated venues, with promotional discounts available (20% off for $100+ purchases with code MATTEO20).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Bottomless Lunch Package |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Matteo Sydney product offering
Product offeringCore offering
Matteo Sydney operates two Italian restaurant and cocktail bar venues in Sydney (Matteo Double Bay and Matteo Downtown) offering dine-in service, bottomless lunch packages, private dining, function and event hire for corporate and wedding clients, and gift cards. Both venues feature open theatre kitchens, pizza ovens, Italian cocktail programs, and aperitivo lounges, with capacity ranging from intimate dinners to 275-person cocktail events.
Product overview
Matteo Sydney is a hospitality group operating two Italian restaurant and cocktail bar venues: Matteo Double Bay and Matteo Downtown. The company offers dining experiences including bottomless lunch packages, private dining rooms, and functions/events services for corporate events, weddings, and special celebrations. Matteo Downtown is the flagship 150-seat venue in Sydney CBD, while Matteo Double Bay offers a Mediterranean-style setting accommodating up to 150 guests. Both venues provide catering and event hire services, with gift cards available as consumer products.
Differentiator
Problem solved
Functional benefit
Products and services
- Matteo Double Bay Italian restaurant venue located at 29 Bay Street, Double Bay, NSW 2028, offering Mediterranean-style fit-out with light-filled front courtyard, aperitivo lounge bar, open theatre kitchen, and spacious back terrace. Accommodates up to 150 guests banquet-style and 50 guests for private dining.
- Matteo Downtown Italian restaurant and bar located at 20 Bond Street, Sydney CBD, NSW 2000. Contemporary urban setting with 150-seat capacity, pizza oven, Italian cocktail list, and outdoor aperitivo deck. Accommodates up to 275 guests cocktail-style and 120 banquet-style.
- Bottomless Lunch (Il Dolce Pranzo) 2-hour unlimited food and drinks package offered at both venues, featuring Italian cuisine and cocktails. Available on Saturdays at Downtown and select days at Double Bay. Non-alcoholic package available for guests who cannot consume alcohol due to medical reasons or pregnancy only; no under 18s permitted.
- Private Dining Room Intimate private dining space at Matteo Downtown seating up to 20 guests; guests can watch chefs work in the open kitchen while enjoying an elevated dining experience.
- Functions & Events Service Corporate functions, weddings, and special celebrations catering services. Matteo Downtown accommodates up to 275 cocktail guests or 120 banquet-style; Matteo Double Bay accommodates up to 150 banquet-style and 50 private dining.
- Wedding Packages Wedding venue and catering services at Matteo Downtown, offering intimate ceremonies to grand celebrations with Italian dining experience.
- Gift Cards Gift vouchers available for purchase, valid at designated venues, with promotional discounts available (20% off for $100+ purchases with code MATTEO20). Vouchers are venue-specific.
Companies that use Matteo Sydney
Customer profileSegments3 records
Ideal customer profiles3 records
Matteo Sydney technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Matteo Sydney partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Matteo GroupcoreMatteo Sydney operates under the Matteo Group hospitality company, which manages multiple venues including Matteo Double Bay, Matteo Downtown, Tanuki, Osborn House, and The Lobo. These are sister properties under common ownership rather than formal partnerships.
- SevenRoomscoreSevenRooms is the reservation platform used by Matteo Sydney for online bookings at both Double Bay and Downtown venues. The platform handles reservation management and customer data collection.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Matteo Sydney competitors and assessment
Company assessmentDirect peers
- Icebergs Dining Room and Bar: Iconic Sydney waterfront restaurant with Italian-leaning menu, bar and aperitivo-style service. Comparable to Matteo on premium Sydney dining positioning, Italian-accented menu, and event/celebration use case.
- Aria Restaurant Sydney: Matt Moran-operated premium Sydney CBD dining venue with private dining and event capabilities. Comparable to Matteo Downtown in upscale Sydney CBD positioning, capacity for functions, and high-end clientele.
- 10 William Street: Italian-focused Sydney restaurant and bar with pasta-led menu and natural-wine/cocktail program. Directly comparable in concept (Italian dining plus bar) and target customer (premium Sydney diners and celebrations).
- Totti's (Merivale): Italian-inspired restaurant and bar concept by Merivale operating in Sydney's eastern suburbs. Directly comparable to Matteo as a casual-upscale Italian venue with aperitivo/bar focus, share-daypart trade, and similar Sydney premium dining clientele.
- Pellegrino 2000: Sydney Surry Hills Italian restaurant offering Italian small plates, pasta, and a bar program in a design-led venue. Closely comparable to Matteo's Italian-with-cocktail-bar model and event/special-occasion positioning.
Broad incumbents
- The Grounds of Alexandria: Multi-concept Sydney hospitality venue combining café, restaurant, bar and large-scale event hosting. Comparable event capacity and Sydney multi-daypart model to Matteo's two-venue operation.
- Coogee Pavilion (Merivale): Large-scale beachside Sydney venue offering multiple dining and bar concepts, plus event hire. Comparable to Matteo in offering multiple dayparts under one roof and large function/event capacity.
- Est. (House Made Hospitality): Sydney CBD restaurant from the House Made Hospitality group serving modern Australian with Italian influences and significant event/private dining use. Comparable Sydney CBD upscale positioning and event revenue mix to Matteo Downtown.
- Fratelli Fresh: Multi-location Italian restaurant operator across Sydney with broader menu and casual positioning. Comparable as another scaled Italian dining brand competing for similar Sydney Italian-dining occasions.
- Mr. Wong (Merivale): Established upscale Sydney dining venue offering Cantonese fine dining with significant event and private dining capacity. Broader hospitality portfolio operator in Sydney's premium event market alongside Matteo.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Matteo Sydney social profiles
Digital presenceMatteo Sydney financial estimates
Financial estimateRevenue estimate
Valuation estimate
Matteo Sydney leadership team
Management profileNumber of profiles
Profiles1 record
Matteo Sydney funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Matteo Sydney M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Matteo Sydney
What does Matteo Sydney do?
Matteo Sydney operates two Italian restaurant and cocktail bar venues in Sydney (Matteo Double Bay and Matteo Downtown) offering dine-in service, bottomless lunch packages, private dining, function and event hire for corporate and wedding clients, and gift cards. Both venues feature open theatre kitchens, pizza ovens, Italian cocktail programs, and aperitivo lounges, with capacity ranging from intimate dinners to 275-person cocktail events.
Is Matteo Sydney a public or private company?
Matteo Sydney is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Matteo Sydney founded?
Matteo Sydney was founded in 2017. It employs 101 to 250 people.
Where is Matteo Sydney based?
Matteo Sydney is headquartered in Sydney, Australia, in the Oceania region.
How does Matteo Sydney make money?
Four revenue lines are on record. Dine-in Service is the primary driver. The others are functions and Events, bottomless Brunch Packages and gift Cards.
Who are Matteo Sydney's main competitors?
Direct peers on record are Icebergs Dining Room and Bar, Aria Restaurant Sydney, 10 William Street, Totti's (Merivale) and Pellegrino 2000. Broad incumbents are The Grounds of Alexandria, Coogee Pavilion (Merivale), Est. (House Made Hospitality), Fratelli Fresh and Mr. Wong (Merivale).
Does Matteo Sydney have an API?
No public API is recorded for Matteo Sydney.
What industry is Matteo Sydney in?
Matteo Sydney's product category is Italian Restaurants & Hospitality. Its primary akta.pro industry code is THAFACAJ, All-Day Dining Restaurants, with a secondary code of THAFACAK, Special Occasion & Destination Restaurants. Its NAICS code is 722511 and its SIC code is 5810.