Can you please where are you doing beta testing or rolled out in production? Second what are your revenue projections for this year? Third, what growth trajectory are you anticipating for this year and plans to rollout?

Hi Varun, we are in production now with 8 hotel properties. We expect to generate monthly revenue of about $5,000 within the next few months. We have over 80 new locations in the pipeline for rollout this year. Thanks for the question.

Hi Eric, how does Uptip differentiate itself from TiPJAR? Thanks

Hi Max, thanks for the question. Uptip is differentiated in a numbers of ways, the most important of which is our laser focus on the hospitality industry, specifically hotel and parking companies. We are scaling quickly within this segment.

Do you guys intend to expand into other industries in the future? How and how much do you guys charge?

Hi Lucas, yes we do jntend to expand into other industries, however now in our early stage we are focused on hospitality. We charge a platform fee of 8% to either customers or workers. Also we have a monthly fee for the value we offer to workplaces such as hotels.

Uptip

Uptip is reinventing tipping, driving value for service workers and customers

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uptip.co

Reno, NV

Technology B2B Restaurant Food Tech

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Fares interviewed Uptip on January 27, 2022. Play Video

Fares Ksebati

CEO of MySwimPro

Strengths

says, "Soon people will NOT be carrying cash. This business has a very large market opportunity to help alleviate tipping pains for both the person sending and receiving tips. This is far overdue in the tourism industry and this team has potential to scale up with a first mover advantage."

Advice

says, "Focus on making the sales funnel as efficient as possible. Hiring key people in this area will be huge to build the business!"

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