SWIPEBY

SWIPEBY

SaaS+ platform turning restaurant into a virtual drive-thru with curbside pickup.

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Security Type
Crowd SAFE
Categories
Service Businesses
Min Investment
$100
Location
Winston-Salem, NC
Offering Date
August 03, 2020
Expected Close Date
October 31, 2020
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 0%

Company Description

The SWIPEBY experience was created after careful study of the unique needs of on-the-go eaters and the growing challenges facing restaurant operators as they navigate growing demand for off-premise dining options. Our platform has leveraged these insights into valuable features that give guests a quality experience while helping operators optimize staff, overhead and off-premise operations.

Key Deal Facts

200+ restaurants across 25 states on the SWIPEBY platform
Extremely cost effective & turnkey solution for merchants
~$1M raised to date; projected $500k monthly revenue by the end of 2020
$1M+ transaction volume in Q2 2020, Up 1,380% from Q1 2020
~4.5% revenue share with partnering restaurants
Unique niche across three multi-billion dollar industries
Focus on mobile first & fully automate curbside service

Use of Proceeds

  • Product Development
  • Team & Staffing
  • Marketing & Sales

Management Team / Advisory Board Bios

Carl Turner - Founder

Corey Paul - Sales & Operations

Nathan Pieratt - Marketing

Tremayne Blair - Sales

Deal Notes

Discount: 0%

Amount Raised : $320,914
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Valuation

Security Description

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