# NoWait

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nowait

- Industry: Software
- Headquarters: Pittsburgh, US
- Website: www.nowait.com
- Total disclosed funding: $12M
- Latest round: Series B (May 20, 2014)
- Investors on record: 4

## About

NoWait, Inc. specializes in an integrated reservations and waitlist management system that enhances dining experiences by streamlining customer flow for restaurants and their patrons across major platforms.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. NoWait has been instrumental in facilitating dining reservations, with its services operational since 2017, contributing to the management of over 433 million table bookings.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 geographical market for these products spans across the United States, where the company serves a diverse clientele of over 11,000 restaurants, ranging from small independent eateries to larger dining chains.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. By leveraging these offerings, restaurants can efficiently manage front-of-house operations while attracting more diners through increased visibility on multiple platforms.Following its acquisition by Yelp in March 2017, where it raised USD 40 mn, NoWait, Inc. 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. The recent funding will support these initiatives by improving product features and increasing customer outreach.

## Funding rounds

- Series B, May 20, 2014, $10M — Drive Capital
- Series A, Sep 25, 2012, $2M — Sand Hill Angels, Riverfront Ventures, Birchmere

## Investors

- Sand Hill Angels (https://capitalatlas.ai/funds/sand-hill-angels) — Series A
- Riverfront Ventures (https://capitalatlas.ai/funds/riverfront-ventures) — Series A
- Birchmere (https://capitalatlas.ai/funds/birchmere) — Series A
- Drive Capital (https://capitalatlas.ai/funds/drive-capital) — Series B