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NoWait

NoWait

A company that had a wait list mobile application that was used in restaurants by owners and customers alike. It was founded in 2010 and acquired by Yelp in March 2017.

OverviewStructured DataIssuesContributors

Contents

nowait.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Restaurant
Restaurant
Software as a service (SaaS)
Software as a service (SaaS)
Cloud computing
Cloud computing
iOS
iOS
SMS
SMS
Solution Analysts
Solution Analysts
Software
Software
Technology
Technology
Location
Pittsburgh
Pittsburgh
B2X
B2B2C
B2B2C
CEO
‌
Ware Sykes
Founder
‌
Richard Colvin (entrepreneur)
James Belt
James Belt
Luke Panza
Luke Panza
AngelList URL
angel.co/nowait
Pitchbook URL
pitchbook.com/profiles.../55089-91
Legal Name
Nowait, Inc.
Accelerator
AlphaLab
AlphaLab
Accelerator Batch
‌
AlphaLab Jun 2010
Date Incorporated
June 10, 2010
Number of Employees (Ranges)
1,001 – 5,000
Email Address
info@nowaitapp.com
Phone Number
+18775719357
Number of Employees
100
Place of Incorporation
Delaware
Delaware
Investors
Birchmere Ventures
Birchmere Ventures
Sand Hill Angels
Sand Hill Angels
AlphaLab
AlphaLab
Innovation Works
Innovation Works
Drive Capital
Drive Capital
Gordon Chaffee
Gordon Chaffee
Yelp
Yelp
Carnegie Mellon University
Carnegie Mellon University
Founded Date
2010
Total Funding Amount (USD)
22,075,000
Latest Funding Round Date
August 2016
May 2014
Competitors
tablr
tablr
HostMe
HostMe
SevenRooms
SevenRooms
TableAgent
TableAgent
Agilysys
Agilysys
Quandoo
Quandoo
TapGuest
TapGuest
OpenTable
OpenTable
Business Model
Subscription
Glassdoor ID
691711
Latest Funding Type
Series B
Series B
Wellfound ID
nowait
Country
United States
United States

Other attributes

Acquirer
Yelp
Yelp
Blog
nowait.com/about/blog/
Company Operating Status
Active
Latest Funding Round Amount (USD)
8,000,000
About

NoWait was a PIttsburgh-based company with mobile software for restaurants that could be used by restaurant staff for organizational purposes and used by customers to manage their wait times at restaurants. It participated in the AlphaLab 06/01/10 cohort and raised an estimated $22,105,310. Later it exited with an estimated value of $40,000,000 when it was acquired by Yelp in March 2017.

Product

The company's app was a wait list and seating tool that was used by over 4,000 restaurants that were in its network. It was generally used by casual dining restaurants, such as Chili's and Buffalo Wild Wings. Customers could use the app to add their name to a restaurant wait list before actually arriving at the restaurant. Other information that was available to customers included wait times and receiving a text to be alerted when their table was ready.

NoWait was utilized by restaurants to manage their wait lists as well as viewing data for table turnover times and analytics of that data. Restaurants needed to pay a monthly subscription ranging from $179 to $249, depending on the plan that was chosen.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Area restaurants sign up to be part of No Wait app

https://www.youtube.com/watch?v=Bntq9ip0pUU

Web

NoWait app promises easier restaurant wait

Jefferson Graham

https://www.usatoday.com/story/tech/columnist/talkingtech/2014/02/13/talking-tech--nowait-promises-easier-time-to-get-in-door/5443549/

Web

February 13, 2014

Nowait: Never Wait Around for a Restaurant Table Again

Carolyn Nicander Mohr

https://wonderoftech.com/nowait-app/

Web

March 2, 2017

References

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