Uptown Network on WeFunder | Deal Memo

Jun 4, 2021 2 min read
Invest in Uptown Network: Bring-Your-Own-Menu (BYOM™): Accelerating Restaurant Revenue Recovery | Wefunder
Bring-Your-Own-Menu (BYOM™): Accelerating Restaurant Revenue Recovery

Company Overview

Uptown developed a patented, proprietary menu platform, that turns menus from unsanitary, unsustainable expenses, to clean, environmentally friendly, revenue-generating marvels that unite a restaurant brand, social media strategy, and loyalty program.

The company's mission is to move menus from a cost center to a profit center, increasing revenue, guest frequence and loyalty. Uptown's clients include Hilton®, Marriott, Hershey Entertainment, Hard Rock, and more.

Deal Terms

  • Security: Priced Round
  • Pre-Money Valuation: $21,300,000
  • Min. Investment: $100

(Data as of June 2021)

Uptown Network: Wefunder Campaign Highlights

  • Over 3,000,000 users saving 22M+ paper menus since May launch, eliminating ≈ $8M in printing costs.
  • Clients incl. Hilton®, Marriott, Hershey Entertainment, Hard Rock, & more.
  • Wefunder investors get the same terms via which accredited investors have already invested over $1M.
  • Proven startup entrepreneurs with exits to companies such as IBM, Computer Associates, IPO (NASDAQ: NTRT).
  • 28% Growth in MRR while serving an industry highly impacted by the pandemic.
  • AR Gifting of food & beverage turns menus from expense items into profit generators (Uptown Gifts, Dec. 2020).
  • Social share feature - Menus viewed in all 50 states and 70+ countries, embeds menus into websites and social channels.

Did I Invest In Uptown Network?

I’m still in the process of writing a full deal report and decide whether or not I will invest in Uptown Network on WeFunder. At Angel Notes, I review 100+ pitches on 10+ platforms every month and send a detailed report every Saturday to subscribers of the Angel Notes newsletter (you can join through the form below). See you soon!

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