Nowait

Pittsburgh, United States Founded: 2010 • Age: 16 yrs Acquired By Yelp
Virtual waitlists are provided for restaurants through cloud-based software.
Annual revenue - Latest available
Total funding $52.2M 13 rounds
Employees 39 Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Nowait

Nowait is a company based in Pittsburgh (United States) founded in 2010 was acquired by Yelp in March 2017. Nowait has raised $52.2 million across 13 funding rounds from investors including Yelp, Carnegie Mellon University and Innovation Works. The company has 39 employees as of December 31, 2016. Nowait operates in a competitive market with competitors including Tock, Mad Mobile, Toreta, ResDiary and Queq, among others.

  • Headquarter Pittsburgh, United States
  • Employees 39 as on 31 Dec, 2016
  • Sectors
    Consumer
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $52.2 M (USD)

    in 13 rounds

  • Latest Funding Round
    Not available
  • Investors
    Yelp

    & 7 more

  • Employee Count
    39

    as on Dec 31, 2016

  • Acquired by
    Yelp

    (Mar 01, 2017)

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Funding Insights of Nowait

Nowait has successfully raised a total of $52.2M across 13 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Nowait

Nowait has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Yelp, Carnegie Mellon University and Innovation Works.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage venture capital funding is provided by Riverfront Ventures.
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Venture capital firm focused on pre-seed and seed stage investments
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US focused early-stage VC firm investing in tech & life sciences start-ups
Locked Locked Locked
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Investor details for Nowait

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Investments & Acquisitions by Nowait

Investments
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Investment portfolio details for Nowait

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  • Transaction dates
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Financial Statements - Nowait

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Detailed financials for Nowait

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  • Profit trends
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Nowait Comparisons

Nowait Primary company
Description
Virtual waitlists are provided for restaurants through cloud...
Location
Pittsburgh, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
39
As of 2016
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Peer comparison for Nowait

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Competitors of Nowait

Nowait operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tock, Mad Mobile, Toreta, ResDiary and Queq, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Guest management solutions for restaurants
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Mobile retail platform with engagement and POS solutions provided.
Locked Locked Locked
Digital solutions for restaurant reservations and customer management are provided.
Locked Locked Locked
Reservation management system and marketplace for restaurants is operated.
Locked Locked Locked
Queue management solutions are provided for restaurants via mobile app.
Locked Locked Locked
SaaS-based queuing, booking, and PoS systems for restaurants are offered.
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Detailed competitors of Nowait

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Latest news on Nowait

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Complete news archive for Nowait

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Frequently Asked Questions about Nowait

Nowait was founded in 2010.

Nowait is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

Nowait is a funded company, having raised a total of $52.2M across 13 funding rounds to date.

As of Dec 31, 2016, the latest employee count at Nowait is 39.

NoWait is cloud based seating management software that seamlessly connects guests with restaurants real-time waitlists. They have a iPad wait list that notifies guests by text message when tables are ready as well as enables in-restaurant advertising direct to guests phones. The app is currently used in casual-dining restaurants across US, including major national chains such as Chilis, First Watch, On The Border, and Buffalo Wild Wings, as well as popular independent hotspots like Clinton St. Baking Company. To date, NoWait has seated more than 300 million diners and regularly seats more than 30 million diners every month. As of Feb 2016, they have over 4,000 restaurants.

Nowait's top competitors include Tock, Mad Mobile and ResDiary.

Nowait has 8 investors. Key investors include Yelp, Carnegie Mellon University, Innovation Works, Riverfront Ventures, and Drive Capital.

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