settle — food pre-ordering and table booking app
TRANSCRIPT
MOBILE PRE-ORDERS FOR DINING AT RESTAURANTS WITHOUT WAITING
Your food is ready when you arrive
Never ask the check again
Get your table atpopular restaurants
EASY FOR CUSTOMERS AND STAFF
1. Customer picks menu items, books a table and
sends order to restaurant.
2. Restaurant confirms the order and the payment is
automatically charged.
3. Customer arrives at a restaurant — table is ready and food is served at once.
Sales Increase Selling in advance Faster turnaroundWith a neat menu on customers
phones, restaurants can now make sales online.
All ordered food and booked tables are 100%
prepaid.
No more delays with order and check. Customers dine in and leave — no overstay.
BENEFITS FOR RESTAURANTS
Detailed Analytics
Customer Profiles
Targeted Marketing
REVENUE SOURCES
FreeRestaurants
Users
Peak hours Off-peak hours
Commission
Service Fee Free
200
400
600
800
750
1,500
2,250
3,000
5500
11000
16500
22000
6,781
RESULTS FOR THE FIRST 6 MONTHS
Turnover
Sep
Transactions
Active Users(3+ payments)
Oct Nov Dec Jan
3,927
11,193
17,422
+69%+73%
+65%
+56%
Sep Oct Nov Dec Jan
292490
871
1,392
2,178
+68%+79%
+60%
+57%
Sep Oct Nov Dec Jan
123 144 177234
549
+17% +23%+32%
+135%
Users
$60,462Transactions
8,881Restaurants
30
Turnover
2,732
2,322
Feb
20,519+18%
Feb
2,840+30%
Feb
701+28%
GROWTH PLAN
Signing up 20 popular restaurants in SF
Further expansion in SF; Raising a new round
Signing up big restaurant chains
Active start in New York
Reaching 500 restaurants base
1500 restaurants; Focus on online restaurant sign-ups
1
2
3
4
5
6
LATE 2016
EARLY 2016AUTUMNSUMMERAPRIL-
MAYLATE MAR
GO-TO-MARKET
Launch in SF Mar 20 restaurants 1 Expansion in SF
250 restaurants till Sep 2 Launch in NYC Autumn500 restaurants till Jan3
1 local Sales Rep
Referral Programs “Give $10, Get $10”
Partnering services with big restaurant base Yelp, OpenTable, Eat24
Cooperation with sales agencies
PR, SMM
Indoor Marketing table tents, reservation tents, promo cards/flyers, door and table stickers
Advertising Online, OOH
Going block-by-block in busy areas
Corporate lunch programs Cooperation with companies to provide discounts on lunches for their employees
$315,000Raised So Far
“Thanks to Settle, 2015 might be the year dining out
in San Francisco reaches peak convenience.”
TEAM
Stas Matviyenko Anna Polishchuk Pavel Tiron
Built the biggest mobile loyalty program in CIS countries. Experienced entrepreneur
Experienced in operations and managing teams up to 20 people
7 years experience in building high-quality products and leading dev teams
8 people BizDev in San Francisco R&D in Kyiv, Ukraine
CTOCo-Founder & CEO Co-Founder & COO