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NoWait, Inc

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Provides a smoother experience, from the front-of-house to behind-the-scenes

Pittsburgh, United StatesFounded 2010Food
Valuation $25–50M Last recorded · 2017
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for NoWait, Inc and the history behind them.

About NoWait, Inc

NoWait.com is a startup that provides innovative restaurant management solutions under the brand "Yelp for Restaurants." The company primarily serves the restaurant industry, offering tools that help streamline front-of-house operations, such as managing reservations, reducing wait times, and increasing sales. Their target clients are restaurant owners and managers who are looking to improve efficiency and customer satisfaction.

Operating in the highly competitive restaurant management software market, NoWait.com differentiates itself by integrating seamlessly with a variety of digital tools that restaurants already use. This flexibility makes it easier for restaurants to adopt their solutions without overhauling their existing systems. The company boasts a significant reach, claiming to engage eight times more people than its competitor, OpenTable, according to a 2018 comScore report.

NoWait.com employs a subscription-based business model, where restaurants pay a monthly fee to use their software. This model ensures a steady revenue stream while providing value to clients by eliminating per-cover fees, which are charges based on the number of diners seated. This approach can save restaurants an average of $800 per month, making it a cost-effective solution for managing reservations and customer flow.

The company also leverages its extensive network and community of industry experts, celebrity chefs, and experienced restaurateurs to offer advice and best practices. This added value helps restaurants not only manage their operations more efficiently but also improve their overall business strategy.

In summary, NoWait.com is a comprehensive restaurant management solution that helps restaurants increase efficiency, reduce costs, and improve customer satisfaction through a subscription-based model.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2010
Headquarters
Pittsburgh, United States
Open positions
None listed
Dealroom signal
29.0/100
Industry
Food
Sub-industry
In-store Retail & Restaurant Tech
Sector
Food, Branding, Restaurant Reservation
Technology
Mobile app
Business model
SaaS
Client focus
b2b
Links
Website

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Mar 2017 $40M $40M Yelp —
EARLY VC✓Equity / VC Aug 2016 $8M $32M Yelp —
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Growth signals

NoWait, Inc website traffic

Latest recorded traffic for NoWait, Inc is 870 monthly website visits, up 17.6% over the last three months.

Latest monthly visits870 3-month web change+17.6%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Carnegie Mellon University Software Engineering Institute

Series A6 investors entered at this stage

  • Birchmere Ventures
  • Innovation Works
  • Sand Hill Angels
  • Drive Capital
  • AlphaLab
  • Yelp

Other known investors1 additional known investor

  • Riverfront Ventures
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Pittsburgh HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about NoWait, Inc on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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