NoWait
Latest round
- Series B
Last raised
- May 2014
Total raised
- $12M
Investors
- 4
About NoWait
NoWait, Inc.Founded in Pittsburgh, US, NoWait, Inc. provides a waitlist and reservations management solution for restaurants. In March 2017, the company was acquired by Yelp for USD 40 mn. The founder's history and prior ventures are not publicly available.The company primarily offers an integrated reservations and waitlist management system known as Yelp Guest Manager, designed to streamline the dining experience for both restaurants and their patrons. This system allows restaurants to list available tables on prominent platforms such as Yelp, Google, Apple Maps, Facebook, Instagram, and TikTok, thereby enhancing visibility to potential diners. The product facilitates various use cases, including reservations, waitlist management, table management, and takeout orders, effectively addressing the challenges restaurants face in managing customer flow and maximizing seating capacity. Yelp Guest Manager has been established in the market since 2017, contributing to the booking of over 433 million tables by diners.The company's revenue model is primarily based on a subscription structure, offering various pricing tiers that cater to different restaurant needs and sizes. Restaurants can subscribe to Yelp Guest Manager at monthly rates ranging from USD 129 to USD 899, depending on the specific services and features included in their plans. Moreover, the firm does not impose cover fees for its reservations system, which enhances its appeal to clients looking for predictable cost structures. The flagship product, Yelp Guest Manager, is complemented by additional services such as Yelp Ads and Yelp Kiosk, further driving business engagement and customer loyalty. plans to innovate with new features for the Yelp Guest Manager and enhance its market presence. Future development will focus on expanding service offerings and possibly entering new geographic regions within the United States, although specific markets have not been disclosed.
Who invested in NoWait
4 investors across 2 rounds
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Questions about NoWait
Who invested in NoWait?
NoWait has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has NoWait raised?
NoWait has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did NoWait last raise money?
NoWait's most recent round on record is a Series B, in May 2014.
What does NoWait do?
NoWait is a software company.
Where is NoWait headquartered?
NoWait is headquartered in Pittsburgh, US.
Which VCs invest in companies like NoWait?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at NoWait's stage. Their profiles are linked below.
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