Settle is a creator of an universal mobile application for food chains where customers can select meals and pay online.
Business Model: B2C
Revenue: $767.5k
Employees: 11-50
Address:
City: Kyiv
State: Kyyiv
Zip:
Country: Ukraine
With Settle, you can pre-order lunch at restaurants, so that your food is ready when you arrive. You dine 60% faster, as you skip waiting for your table, food and check. Settle makes lunch your best time of the day by giving you delicious meals and more time for a real break. For restaurants: 100% prepaid orders and tables, 60% faster turnarounds, new sales online, more effective upselling and more targeted marketing. We focus on popular restaurants in busy areas with breakfast and lunch menu. We offer companies and teams group lunch pre-ordering at restaurants near their offices. In addition to mobile pre-ordering, restaurants can offer specials and happy hours during off-peak time. In Ukraine, we currently take 15-20% commission from restaurants. In the USA, the service will be launched free for restaurants and users. Then we&s;ll try out this model: a small commission on every pre-order for restaurants during off-peak hours and a small fee for users during peak hours.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2015 | Venture Round | 1 | $1.5M |
SMRK VC Fund SMRK VC Fund |
1/2015 | Seed Round | 6 | $315k |
Andriy Dovzhenko Anna Degtereva Imperious Group VC Life.SREDA SMRK VC Fund Vladislav Solodkiy Andriy Dovzhenko Anna Degtereva Imperious Group VC Life.SREDA SMRK VC Fund Vladislav Solodkiy |
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