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NoWait, Inc
Provides a smoother experience, from the front-of-house to behind-the-scenes
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Mar 2017 | $40M | $40M | Yelp | — |
| EARLY VC✓Equity / VC | Aug 2016 | $8M | $32M | Yelp | — |
Growth signals
Latest recorded traffic for NoWait, Inc is 870 monthly website visits, up 17.6% over the last three months.
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|---|---|---|---|---|---|
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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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