2. THE PROBLEM/OPPORTUNITY
• Antiquated payment flow
• Little to no venue loyalty programming
• Slow and costly tip gratification to servers
• Costly POS hardware and software
• Nearly 100% of customers with mobile access but less than
50% venues have mobile payment infrastructure
3. THE SOLUTION
Meal – Server – App – Go!
Digital tipping and payment
via mobile based POS
integration
Server reviews
Payroll Solution: cash reserves
& transaction fee
CRM tool for Venue
Paperless & Cashless
experience
4. MISSION
Be the full-service provider for venue solutions.
Creating solutions in growth, payment logistics, server satisfaction and overall
customer success.
To tackle the payment constraints within the market of discretionary consumption
one unique solution at a time.
VISION
7. RECENT NEWS
OUR INDUSTRY
• Dash raised $7m before exiting with an
acquisition by reserve
• Cake raised over $1m in crowdfunding via
crowdcube
• Tabbed out raised $37.5m IN 6 ROUNDS
• Cover acquired by velocity in 2015 after $7m
raise
8. Source: US Census Bureau
OUR INDUSTRY
• $799 billion: Restaurant industry sales.
• 1 million+: Restaurant locations in the United States.
• 14.7 million: Restaurant industry employees.
• 1.6 million: New restaurant jobs created by the year
2027.
• 10%: Restaurant workforce as part of the overall U.S.
workforce.
9. COMPETITORS
Tipping Space
• Bravo tip – Jan 2017 (5k – 10k downloads)
• Tipping tree – Jan 2017 (less than 1k downloads)
• Tip my server – 2016 (less than 1k downloads)
• Thanks – 2016 (1k-5k downloads)
Mobile payments space
• Tabbed Out – 2009 (100k-500k downloads)
• Dash – 2017 (10k-50k downloads)
• Cake – 2016 (10k – 50k downloads)
• Cover (Now Velocity)- 2013 (5k -10k downloads)
10. Projected Milestones And Outcomes
Usership: 500+ April 2018, 1000+ July 2018
Activity: $10,000 In Transactions (Tips & Payments) May 2018
TIMELIN
EJAN OF 2018 FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN OF 2019 FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
OPERATION
PRODUCT
MARKETING
NRA 2018 PROMO NIGHTS - BUCKNELL CAMPUS & SELECT RESTAURANTS
NRA 2018
ACES OF TASTE - HOUSTON, TX
NIGHT CLUB AND BAR CONVENTION
TEXAS BAR AND NIGHTCLUB ASSOCIATION
INVESTMENT
FRIENDS FAMILY SAFE ROUND
ACCREDITED INVESTOR ROUND
PROOF OF CONCEPT - BETA SITES
PRODUCT DEV & ITERATIONS
SOCIAL MEDIA PRESENCE - FACEBOOK, INSTAGRAM & TWITTER
WEBSITE & BLOG
FOUNDER SAFE ROUND
Android OS & iOS Complete
11. VALUE PROPOSITION
Value
1. Financial Value:
1. No Hardware Costs
2. Simple Interchange Fee
2. Operational Value
1. Payroll Digitized
2. Costs Of Tips Diminished
3. Payments/Sales Flow Simplified
4. All Customer Data Retained
3. Transactional Value
1. Competitive Interchange Fee
4. Feedback And Reputation Building Based On
Service
Consumer
1. Financial Value:
1. Loyalty And Rewards Model
2. Experience Value
1. Payment On Own Terms
2. Tip Digitally
3. Time Efficient
4. Interact With Servers & Community
12. We’ve identified repeatable strategies to acquire new customers. The key is expound on these
discoveries
ACQUISITION
CHANNELS
MVP demo sites:
• The bar on market– Williamsport, PA
• Lion’s den - state college, PA
• Rise & Shine – Williamsport, PA
• The Recovery Zone – Grapevine, TX
• Altoona Curve – Altoona, PA
• Williamsport Crosscutters, Williamsport, PA
• Dos Hermanos – Pittsburg, PA
MARKET FOCUS:
• Collegiate partnerships
• Sporting venues
• Brand ambassadors - bloggers, servers, stakeholders
• Sales – local restaurants & relationships: demo
platform to increase visibility
• Marketing – social media
CUSTOMER SEGMENT:
Small to medium dining/drinking venues
13. We’re merging proven concepts and going after a more lucrative and socially conscious opportunity.
• Sponsored Search -- YELP HAS RECORDED OVER 121 MILLION REVIEWS SINCE
2004. $2.8M businesses utilize their service. 18% which are just in restaurant
industry.
• Pre-Arrival Orders -- OPEN TABLE – acquired by Priceline for $2.6b after it has a
presence at over 31,000 restaurants worldwide.
THE OPPORTUNITY
14. • TIPPING/ P2P PAYMENTS -- 25 million Venmo users are making 180 transactions
per year . number of Venmo transactions is in the 4.5 billion range
• THE MARKET -- The competition has captured a fraction of the market and has yet
to ingratiate themselves with the server community . As consumer adoption and
advocacy continue to increase. The usership will gravitate the concept that is most
inclusive and effective for all end users.
• There are millions of venues to choose from. Our total addressable market consists of
sports venues, independent bars and restaurants, and hotel restaurants.
THE OPPORTUNITY (CTD)
15. #1 Advantage: DIFFERENTIATION
• Combining The Interests Of Both The Server And The Venue.
• Enable Customers And Servers To Impact The Most Important Part
Of The Experience.
• Collective Grit Of The Team
THIS IS ONE OF MANY EXAMPLESAT JUST HOW IMPORTANT SERVICE
REALLY ISTOTHE INDUSTRY
OUR ADVANTAGE
MOBILE PAYMENTS
POINT OF
SALE
TPPER
TIPPING