Nowait raises $8M

What does Nowait do?

Nowait, is an mobile network of casual dining restaurants serving millions of customers and thousands of reataurants across the country. This company is the shortcut to amazing dining experiences. This company streamlines, integrates and optimizes the total front of house from the waitlists to analytics to table turnover and a lot more, so that they provide amazing services efficiently. By accessing this company’s network of restaurants from its customer application can save their time, and get in line thousands of restuarants across the country. This company is providing the ideal restaurant experience for both sides of the table.

How much Nowait was funded?

Nowait raised $8M on August 11, 2016 from Yelp.

Previous funding

$25k on January 1, 2010 from AlphaLab

$25k on October 22, 2010 from AlphaLab

$40k on January 18, 2011

$50k on June 1, 2012 from Carnegie Mellon University

$2M in Series A on August 28, 2012 from Birchmere Ventures, Innovation Works and Sand Hill Angels.

$1.97M in undisclosed round on October 7, 2013

$10M in Series B on May 20, 2014 from Drive Capital, Innovation Works, AlphaLab, Sand Hill Angels and Birchmere Ventures.

What is next for Nowait?

The company experience will be integrated into Yelp, enabling  people in viewing the current wait times at thousands of restaurants globally and get in line remotely through the Yelp app when there is waiting.  The CEO of the company said that their patnership empowers them to expand exponentially the customer side of their network overnight, while adding instant value to both of their businesses.

More about Nowait

Nowait was founded in 2010 by Robb Myer, Luke Panza, James Belt and Richard Colvin. It has its headquarters in Pittsburgh, PA. This is a mobile platform for casual dining restaurants. Their guest app is used by millions of guests to get in line from their smartphone, while the host app is used in over four thousand casual dining restaurants across USA, while including chains such as First Watch and Chili’s, and popular independent restaurants.