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GET A PIECE OF LET US NUDGE, INC.
Seating Maximization Technology for Busy and Slow Times
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REASONS TO INVEST
TEAM
Rehan Khanzada • Founder, Board Director & CEO
Rehan works over 20 hours a week on Let us Nudge while working 20-30 hours a week as a Senior Manager with Bristol Myers Squibb.
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Jade McCall • Director of Digital Marketing
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Kunal Bavishi • Co-Founder & COO
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*Market information provided by Grandview Research (source)
**Information provided by Chain Store Age (source)
the pitch
Lead by an amazing team, with core strengths in Marketing and IT in the restaurant and tech industries, Let us Nudge is a patent-pending, emergent technology solution that provides restaurant seating maximization during both busy and slow times. The technology offers incentives via secure, seamless, and subtle nudges for Table Turnover during busy times and Nudge@Home during slow times. Currently featured in 15 Nathan's Famous locations and piloting with several other restaurants, Let us Nudge is here to nudge the Restaurant Table Management market in a completely innovative way, to help improve the bottom line for restaurants!
The wait is over, both restaurants and customers win
Have you ever been to a restaurant with a reservation, and still have to wait to get your table? How about a restaurant on a busy night that doesn’t take a reservation? You’re waiting in a packed entrance, there is a 45 minute to 2 hour wait, you’re hangry… and you know most people are done with their meal. Many folks have stopped going to restaurants completely during the pandemic.
Everyone needs a nudge sometimes. That’s why Let us Nudge is here to help restaurants Turn Tables during busy times, and Nudge@Home during slow times.
Let us Nudge is helping family-owned, casual-chain, and fine-dining restaurants - giving the restaurants the ability to nudge seated, “camped out” customers, completely finished with their meal, the ability to turn their tables. This helps restaurants increase revenue by turning the table with a nudge.
Let us Nudge is also helping both full-service and quick-service restaurants during slow times. Our Nudge@Home solution has the ability to bring in customers through incentives or coupons - helping get the word out to come in for specials, new menu items, or just a table with a view.
The Problem & Our Solution
During busy times, restaurants have table turnover issues. During slow times, restaurants have issues bringing customers in.
In our view, both of these issues lead to loss of revenue. The pandemic has also created new issues, such as seating time-limits, empty restaurants, as well as an influx of increased restaurant technology.
Let us Nudge provides table seating efficiencies during both busy and slow times. The technology offers incentives via secure, seamless, and subtle nudges (discounts, percentages, coupons, etc), delivered via QR codes or text, mobile device to mobile device, in real time. There is no hardware to purchase and no setup fees. We truly believe in our mission statement, “The wait is over, both restaurants and customers win”.
Let us Nudge charges a monthly $250 SaaS fee, per location, for our network of restaurants. This all inclusive fee gives access to both our solutions.
The Market & Our Traction
Restaurant management, reservation, and seating technology software is set to grow to $14.7 billion by 2030, expanding at a CAGR of 15.8%
This is because restaurants have turned towards utilizing more technology, especially the use of QR codes. QR codes are being used by restaurants to drive engagement by a simple mobile device scan, with no app to download. Let us Nudge uses QR codes to help Turn Tables during busy times and Nudge@Home during slow times (source).
With that, we believe Let us Nudge is the first-to-market, patent-pending, emergent technology solution, and we’re already getting the restaurant industry’s attention.
We are currently in 15 Nathan’s Famous locations (source) piloting with several restaurants for our Table Turnover solution, and are also currently talking with several POS companies for potential integration.
Here’s more on our recent traction:
Why Invest
Let us Nudge is an opportunity for investors to help restaurants return to post-covid normalcy
Over the next few years, we want to focus on fine-tuning our two solutions, as well as expanding our market share. We hope to be in a major POS integration, as well as food delivery companies using us to help increase their revenue. We also feel our “Smart Coupons” (our specialized Nudge@Home for Nathan’s Famous for improved targeted marketing) can apply to vertical retail industries, and that is where investor dollars can help open new doors.
*These reviews may not be representative of the experience of other customers and is not a guarantee of future performance or success.
We feel we are giving investors a completely new, innovative, niche market product that helps solve table turnover, bring in more customers, and overall increase restaurant revenue. Invest today, and together we can help the restaurants you love.
ABOUT
HEADQUARTERS
14 ALEXANDER LANE
COLUMBUS, NJ 08022
WEBSITE
View Site
TERMS
Let Us Nudge, Inc.
Overview
PRICE PER SHARE
$0.85
DEADLINE
Feb. 7, 2023 at 7:59 AM UTC
VALUATION
$5.95M
FUNDING GOAL
$10K - $1.23M
Breakdown
MIN INVESTMENT
$249.90
MAX INVESTMENT
$1,234,999.85
MIN NUMBER OF SHARES OFFERED
11,764
MAX NUMBER OF SHARES OFFERED
1,452,941
OFFERING TYPE
Equity
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Loyalty Bonus | 5% Bonus Shares
As you are part of the friends and family network of Let Us Nudge,, you are eligible for additional bonus shares.
Time-Based:
Friends and Family Early Birds
Invest within the first 72 hours and receive 15% bonus shares.
Super Early Bird Bonus
Invest within the first week and receive 10% bonus shares.
Early Bird Bonus
Invest within the first two weeks and receive 5% bonus shares.
Amount-Based:
$500 | Tier 1
Invest $500+ and receive 2% bonus shares.
$1,000 | Tier 2
Invest $1,000+ and receive 4% bonus shares.
$2,500 | Tier 3
Invest $2,500+ and receive 6% bonus shares.
$5,000+ | Tier 4
Invest $5,000+ and receive 8% bonus shares.
$10,000+ | Tier 5
Invest $10,000+ and receive 10% bonus shares.
$20,000+ | Tier 6
Invest $20,000+ and receive 20% bonus shares.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
Irregular Use of Proceeds
REWARDS
10%
Stack Venture Club & Rewards!
Members get an extra 10% shares in addition to rewards below!
Venture Club
Venture Club Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
$500
Tier 1
Invest $500+ and receive 2% bonus shares.
$1,000
Tier 2
Invest $1,000+ and receive 4% bonus shares.
$2,500
Tier 3
Invest $2,500+ and receive 6% bonus shares.
$5,000
Tier 4
Invest $5,000+ and receive 8% bonus shares.
$10,000
Tier 5
Invest $10,000+ and receive 10% bonus shares.
$20,000
Tier 6
Invest $20,000+ and receive 20% bonus shares.
JOIN THE DISCUSSION
0/2500
chad demoss
2 years ago
sounds kind of awkward to approach the customer and say "if you leave now we will give you a coupon" Where is the coupon delivered to that the customer will receive? Is it in a text message or email? does the customer need an app to get the slow time deals? I love the slow time idea but surely some other companies must already be doing this. Who would be your competitor for this aspect of your program? is the $250 a month charged once a month or is there a yearly subscription? what I'm asking here is can a restaurant try it out for one month and if they aren't happy they aren't stuck for a whole year.
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George Andrew Simons
3 years ago
Let's US Nudge is a game changer indeed. Wow
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Adam Sampson
3 years ago
Looks like a good idea for companies and people. I had a similar idea for a company but broader. How many company do you anticipate on boarding in 2022 and 2023? Any other forecasts you can anticipate? Are you starting in a certain geographical location.
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Ritesh Gudla
2 years ago
How is it different from what OpenTable is doing already?
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