NoWait Overview
- Year Founded
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2010
- Status
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Acquired/Merged
- Employees
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51
- Latest Deal Type
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M&A
- Latest Deal Amount
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$40.7M
NoWait General Information
Description
Developer of a restaurant discovery platform designed to provide an on-demand mobile dining experience for diners. The company's application provides a complete restaurant management platform with front-of-house management for restaurants to manage their waiting lists and provides an easy way for diners to get in line remotely, enabling them to go more quickly from their restaurant search to getting in line, all within a few taps.
Contact Information
Website
www.nowait.comCorporate Office
- 122 Meyran Avenue
- Pittsburgh, PA 15213
- United States
Corporate Office
- 122 Meyran Avenue
- Pittsburgh, PA 15213
- United States
NoWait Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 28-Feb-2017 | $40.7M | Completed | Generating Revenue | ||
| 8. Early Stage VC (Series B) | 10-Aug-2016 | Completed | Generating Revenue | |||
| 7. Early Stage VC (Series B) | 12-May-2014 | Completed | Product Development | |||
| 6. Early Stage VC (Series A) | 06-Oct-2013 | Completed | Product Development | |||
| 5. Early Stage VC (Series A) | 20-Aug-2012 | Completed | Product Development | |||
| 4. Grant | 01-Jun-2012 | Completed | Product Development | |||
| 3. Grant | 16-Nov-2011 | Completed | Startup | |||
| 2. Debt - General | 18-Jan-2011 | $40K | $65K | Completed | Startup | |
| 1. Accelerator/Incubator | 23-Jun-2010 | $25K | $25K | Completed | Startup |
NoWait Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A |
NoWait Comparisons
Industry
Financing
Details
NoWait Competitors (13)
One of NoWait’s 13 competitors is Eat App, a Venture Capital-Backed company based in Dubai, United Arab Emirates.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Eat App | Venture Capital-Backed | Dubai, United Arab Emirates | ||||
| OpenTable | Formerly VC-backed | San Francisco, CA | ||||
| Eatigo | Formerly VC-backed | Bangkok, Thailand | ||||
| Quandoo | Formerly VC-backed | Berlin, Germany | ||||
| Postmates | Formerly VC-backed | San Francisco, CA |
NoWait Signals
NoWait Former Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AlphaLab | Accelerator/Incubator | Minority | ||
| Alt-Capital | Angel Group | Minority | ||
| Birchmere Ventures | Venture Capital | Minority | ||
| Blue Lagoon (Florida) | Venture Capital | Minority | ||
| Carnegie Mellon University Endowment | Limited Partner | Minority |
NoWait FAQs
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When was NoWait founded?
NoWait was founded in 2010.
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Where is NoWait headquartered?
NoWait is headquartered in Pittsburgh, PA.
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What is the size of NoWait?
NoWait has 51 total employees.
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What industry is NoWait in?
NoWait’s primary industry is Vertical Market Software.
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Is NoWait a private or public company?
NoWait is a Private company.
-
What is the current valuation of NoWait?
The current valuation of NoWait is .
-
What is NoWait’s current revenue?
The current revenue for NoWait is .
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How much funding has NoWait raised over time?
NoWait has raised $22.2M.
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Who are NoWait’s investors?
AlphaLab, Alt-Capital, Birchmere Ventures, Blue Lagoon (Florida), and Carnegie Mellon University Endowment are 5 of 10 investors who have invested in NoWait.
-
Who are NoWait’s competitors?
Eat App, OpenTable, Eatigo, Quandoo, and Postmates are some of the 13 competitors of NoWait.
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When was NoWait acquired?
NoWait was acquired on 28-Feb-2017.
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Who acquired NoWait?
NoWait was acquired by Yelp.
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