{"data":{"type":"company_profile","id":77627,"entity_id":"wefunder:company:77627","attributes":{"canonical_url":"https://wefunder.com/uptown.network","generated_at":"2026-06-11T20:53:23Z","updated_at":"2026-06-11T05:00:25Z","entity_ids":{"company":"wefunder:company:77627","slug":"wefunder:company_slug:uptown.network"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-11T20:53:23Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-11T05:00:25Z","as_of":"2026-06-11T20:53:23Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-11T05:00:25Z","as_of":"2026-06-11T20:53:23Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-11T20:53:23Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-11T20:53:23Z","confidence":"medium"}}},"company":{"id":77627,"entity_id":"wefunder:company:77627","slug":"uptown.network","name":"Uptown Network","tagline":"Bring-Your-Own-Menu (BYOM™): Accelerating Restaurant Revenue Recovery","elevator_pitch":"We are a Software as a Service (SaaS) company providing patent protected solutions to restaurants, cruise lines and casinos. Our digital menus on phones and tablets, combined with virtual gift cards drive revenue, reduce operational costs and provide an advantage to our customers on social media.","story":"At Uptown, we consider the entire food and beverage industry our family, and we’ve identified several ways in which\u0026nbsp;we can help restaurants not only recover, but thrive. Using our patented, proprietary menu platform, we turn menus from unsanitary, unsustainable expenses, to clean, environmentally friendly, revenue-generating marvels that unite your brand, social media strategy, loyalty program, and moreThe restaurant industry is suffering, with over half a million restaurants in economic free-fall. We’ve identified several pain points and have built Uptown around not only resolving these, but turning them into revenue-generating prospects to help restaurants not only survive this pandemic—but thriveIn a rare move, we decided to offer our Wefunder investors the same valuation terms via which accredited investors have invested $1,000,000+. We’re also offering a 50% warrant coverage—meaning that if the company is acquired or raises a round at a higher price, investors in this round have the right to invest 50% of their original investment at this lower valuation. Our key investor perks include:We’ve already established incredible traction, with our number of live locations and worldwide users increasing exponentially, and our Monthly Recurring Revenue has grown by an astonishing 28%. *Numbers as of July 2021.We’re only as good as the company we keep. Well, our crowd speaks for itself: from the world’s largest hotel chains to the most intimate of wine bars—it’s clear our services have the potential to benefit any food or beverage business of any size, anywhere in the world.View our latest case study with Titan Hospitality Group here.Multiple patents and trademarks highlight the unique potential of our innovative platform and its unique role in this fast-growing market.Our secured patents include: #10,127,585: \"Interactive method and system for ordering and marketing wine and other products.\"#10,515,397: \"System and method for facilitating virtual gift giving.\"Uptown is so much more than a digital menu company. We’re a leader in the virtualization of hospitality. Our digital menus lay the foundation, but add-ons like virtual meal gifting, iPad menus, electronic hotel check-ins, and virtual wine lockers make the Uptown experience unique and unforgettable.In the face of the economic slowdown, we’ve successfully pivoted our product and customer base, increased revenue, and reduced operating expenses...all without sacrificing quality or innovation. With new services, market segments, and global expansion, our post-pandemic pipeline shows massive potentialPaper menus are unsustainable. They require intense resources to produce, only to end up in landfills as restaurants update their menu. To date, we’ve saved more than 30 million paper menus from landfills, and we estimate that we can save a billion by 2023Combining extensive knowledge of the industry with savvy business development expertise, our software entrepreneurs boast successful exits with IBM and more. From our team of talented coders to established relationships with major brands—we have what it takes to help this entire industry thrive.Uptown is creating major buzz in the media and across social channels: we’ve been featured in Yahoo!, Bloomberg, CNBC, and many, many more, and our growing social media presence adds key reach to our marketing arsenal.We’ve identified a million restaurants in the US alone, that could benefit from Uptown. Our gift card TAM is $160 million, and our BYOM™ Hotels TAM is $378 million. These numbers will increase explosively as the pandemic recedes and travel and dining resumes—with an unprecedented customer appetiteOur growth has accelerated so rapidly that we’re already looking ahead to the possibility of an IPO or acquisition. In either of these eventualities, our pre-IPO investors will see the largest ROI.","location":"Naples, FL","website":"https://www.uptownnetwork.com/","total_amount_raised":369233,"total_investors":89,"is_funded":true,"is_active":true,"quality_score":4,"related_urls":["https://wefunder.com/uptown.network","https://www.uptownnetwork.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/77627/xxl_cropped_Wefunder_Video_v2__Moment.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/77627/large_cropped_Screen_Shot_2021-06-07_at_11.45.48_AM.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/77627/standard_cropped_Wefunder_Video_v2__Moment.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/77627/standard_cropped_Wefunder_Video_v2__Moment.jpg","profile_video_url":"https://wefunder.wistia.com/medias/ih5lk6y8rj"},"links":{"company_url":"https://www.uptownnetwork.com/","twitter_url":"http://twitter.com/UptownNetwork","facebook_url":"https://www.facebook.com/UptownNetwork/","instagram_url":"https://www.instagram.com/uptown_network/","blog_url":"https://www.uptownnetwork.com/blog/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"Over 6,000,000 users saving 48M+ paper menus since May launch, eliminating ≈ $19M in printing costs."},{"index":2,"claim_id":"claim-fact-2","value":"Clients incl. Hilton®, Marriott, Hershey Entertainment, Hard Rock, \u0026amp; more."},{"index":3,"claim_id":"claim-fact-3","value":"Rare opportunity: Wefunder investors get the same terms via which accredited investors have already invested over $1M."},{"index":4,"claim_id":"claim-fact-4","value":"Proven startup entrepreneurs with exits to companies such as IBM, Computer Associates, IPO (NASDAQ: NTRT)."},{"index":5,"claim_id":"claim-fact-5","value":"28% Growth in MRR while serving an industry highly impacted by the pandemic."},{"index":6,"claim_id":"claim-fact-6","value":"As seen on Bloomberg, CNBC, and Yahoo!"},{"index":7,"claim_id":"claim-fact-7","value":"AR Gifting of food \u0026amp; beverage turns menus from expense items into profit generators (Uptown Gifts, Dec. 2020)."},{"index":8,"claim_id":"claim-fact-8","value":"Social share feature - Menus viewed in all 50 states and 70+ countries, embeds menus into websites and social channels."}],"team":[{"id":1396325,"entity_id":"wefunder:company_role:1396325","user_entity_id":"wefunder:user:1371062","role":"founder","name":"Jack Serfass","title":"CEO / Co-founder at Uptown Network","bio":"Lifelong foodie. Technologist. Product inventor. Entrepreneur \u0026amp; founder of four companies. Bowstreet (acquired by IBM), Preferred Systems (acquired by CA), Early board member Nielsen / Netratings (NASDAQ:NTRT), previous restaurant owner. 2 Patents.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1396325/square_cropped_JackSerfass.jpg?1620231249","profile_url":"https://wefunder.com/jackserfass","linkedin_url":"https://www.linkedin.com/in/jackserfass/","related_urls":["https://wefunder.com/jackserfass"]},{"id":1488594,"entity_id":"wefunder:company_role:1488594","user_entity_id":"wefunder:user:1371010","role":"founder","name":"Nadine Serfass","title":"EVP / Co-founder at Uptown Network","bio":"Successfully built relationships at Uptown Network earning Master Service Agreements with Walt Disney Parks and Resorts, Disney Cruise Line, Darden Restaurants, and others. Inventor. Contributor to two product patents at the company.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1488594/square_cropped_Nadine_2021_Headshot.jpg?1619137710","profile_url":"https://wefunder.com/nadineserfass","linkedin_url":"https://www.linkedin.com/in/nadineserfass/","related_urls":["https://wefunder.com/nadineserfass"]},{"id":1488604,"entity_id":"wefunder:company_role:1488604","role":"founder","name":"Phil Turner","title":"VP / Co-founder at Uptown Network","bio":"Pioneer on the Apple App Store. Leads Uptown Network's IP Protection Strategy. Broad experience in iOS, web and cloud services development. Deep experience in cybersecurity.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1488604/square_cropped_PhilTurner.jpg?1618941129","linkedin_url":"https://www.linkedin.com/in/phil-turner-3a983930/","related_urls":[]},{"id":1594111,"entity_id":"wefunder:company_role:1594111","user_entity_id":"wefunder:user:1399806","role":"founder","name":"Bob Reeves","title":"Fractional CFO for Uptown through AcuityCFO ","bio":"Fractional CFO for SaaS, and payment technology companies. Early Stage, Venture and Exits","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1594111/square_cropped_BobReeves.jpg?1618339403","profile_url":"https://wefunder.com/bobreeves","linkedin_url":"https://www.linkedin.com/in/bob-reeves-6b71b45/","related_urls":["https://wefunder.com/bobreeves"]},{"id":1733841,"entity_id":"wefunder:company_role:1733841","user_entity_id":"wefunder:user:1371789","role":"employee","name":"Celeste Polin","title":"Investor Communications","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1733841/square_cropped_Celeste_s_Wefunder_Headshot.jpg?1620240599","profile_url":"https://wefunder.com/celestepolin","related_urls":["https://wefunder.com/celestepolin"]}],"featured_investors":[{"id":5279,"entity_id":"wefunder:company_investor_profile:5279","investor_profile_id":947850,"investor_profile_entity_id":"wefunder:investor_profile:947850","subject_entity_id":"wefunder:user:1418184","name":"James clifford Lathrop","bio":"Jim currently leads the East Manufacturing Strategy and Sales team for Microsoft. His team helps Fortune 100 enterprise businesses understand industry trends as well as provide transformational direction and guidance. Jim has worked for IBM, Apple, and Microsoft throughout his 27 year career where his passion for technology and innovation has grown.\u0026nbsp; He has extensive experience in Sales / Sales Management / IT process and implementations working with Corporate and Global customers helping them achieve their goals by reorganizing processes and utilizing technology to achieve their goals. Jim has a Bachelor’s degree in Information Systems from the University of South Florida.\u0026nbsp;","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/1418184/medium_cropped_A1A236EB-7B1B-4AD1-9829-57CFB27EEF6C.jpg","profile_url":"https://wefunder.com/jameslathrop","investment_total":15000,"investment_info":"Invested $15,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/jameslathrop"]}],"investor_memos":[],"tab_counts":{"posts":20,"ask_questions":6,"featured_investors":1,"faq_entries":4},"active_fundraises":[{"id":41923,"entity_id":"wefunder:fundraise:41923","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":150000.0,"funding_started_at":"2021-05-05T18:36:16Z","funding_closed_at":"2021-11-19T05:02:03Z","auto_close_at":"2021-11-19T04:59:59Z"},{"id":45231,"entity_id":"wefunder:fundraise:45231","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":150000.0,"funding_started_at":"2021-04-28T18:35:08Z"}],"latest_fundraise":{"id":41923,"entity_id":"wefunder:fundraise:41923","state":"successful","offering_type":"4(a)(6)","structure":"equity","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2021-05-05T18:36:16Z","funding_closed_at":"2021-11-19T05:02:03Z","terms":{"eb":null,"nb":"$21.3M","txt":"pre-money valuation"}},"recent_posts":[{"id":168384,"entity_id":"wefunder:feed_item:168384","type":"FeedItem::Update","visibility":"public","title":"Uptown Network's 2023 End-of-Year Update","preview":"Uptown Network is finishing the year strong with new members from leading hospitality brands and new feature updates to the products customers know and love.We have seen a rise in private clubs enjoying virtual wine lockers and have updated our wine lockers to bring an even better guest experience. Wine locker members can now send a message ahead of time from their mobile devices with instructions for the wines they would like to enjoy with their meal. This gives the service team time to\u0026nbsp...","published_at":"2023-11-06T19:48:39Z","author_name":"Celeste Polin","url":"/feed/168384","canonical_url":"https://wefunder.com/feed/168384"},{"id":165181,"entity_id":"wefunder:feed_item:165181","type":"FeedItem::Update","visibility":"public","title":"Uptown Network 2023 Update","preview":"Coming up on a year and a half since our Wefunder round closed, Uptown Network has seen great progress in the hospitality industry's adoption of technology.\u0026nbsp;As the pandemic came to a close, the industry's focus has shifted to guest experience technology such as digital menus while still using QR codes to easily link guests to important information. Uptown Network has seen\u0026nbsp;expansion\u0026nbsp;in another fine dining steakhouse within just the past few weeks, and we continue to maximize the...","published_at":"2023-06-28T20:07:46Z","author_name":"Celeste Polin","url":"/feed/165181","canonical_url":"https://wefunder.com/feed/165181"},{"id":150341,"entity_id":"wefunder:feed_item:150341","type":"FeedItem::Update","visibility":"public","title":"One Week Remaining!","preview":"As our Wefunder campaign draws to a close, we would like to say one more thank you to everyone who jumped on board to help restaurants when they needed it the most. Together, we have continued to grow\u0026nbsp;sustainable\u0026nbsp;solutions for restaurants to help drastically reduce paper waste, increase operational efficiencies, and increase revenues.In case you missed last week's update, we've made some great progress since the start of this campaign. Over $350k has been raised. BYOM™ has been used...","published_at":"2021-11-11T17:08:34Z","author_name":"Celeste Polin","url":"/feed/150341","canonical_url":"https://wefunder.com/feed/150341"},{"id":150127,"entity_id":"wefunder:feed_item:150127","type":"FeedItem::Update","visibility":"public","title":"Campaign Closes In Two Weeks","preview":"Our team would like to thank everyone who has come alongside us during this Wefunder campaign. With your help, we are changing the way the world uses menus!Since beginning this campaign, over $350k has been raised. BYOM™ has been used by over 7 million worldwide users to date, saving restaurants an estimated $21M+ in printing costs. Together, we have kept over 50 million paper menus out of landfills and had 400+ discounted promo codes for restaurants rewarded!Our campaign closes 2 weeks from ...","published_at":"2021-11-04T16:12:49Z","author_name":"Celeste Polin","url":"/feed/150127","canonical_url":"https://wefunder.com/feed/150127"},{"id":149519,"entity_id":"wefunder:feed_item:149519","type":"FeedItem::Update","visibility":"public","title":"Uptown Network Third Quarter Update","preview":"Uptown Network had a great third quarter! We had new rollouts in brands that we have developed relationships with for years, as well as additional new rollouts with one of our more recent partners. We also saw the expansion of our\u0026nbsp;Virtual Wine Locker\u0026nbsp;product at an upscale hotel property.One exciting new development was the rolling out at a major hotel brand. The restaurant was the first of Uptown Network’s within this brand, and it marked a switch from a previous competitor’s produc...","published_at":"2021-10-12T16:44:27Z","author_name":"Celeste Polin","url":"/feed/149519","canonical_url":"https://wefunder.com/feed/149519"},{"id":148810,"entity_id":"wefunder:feed_item:148810","type":"FeedItem::Update","visibility":"public","title":"New Restaurant Sustainability Video","preview":"We’ve mentioned that a portion of our funds raised will be used for marketing, and we recently received the final version of our new restaurant sustainability campaign video! This video features one of our partners, Titan Hospitality, located in the DC/Virginia area.Watch the video here:","published_at":"2021-09-20T17:06:53Z","author_name":"Celeste Polin","url":"/feed/148810","canonical_url":"https://wefunder.com/feed/148810"},{"id":148737,"entity_id":"wefunder:feed_item:148737","type":"FeedItem::Update","visibility":"public","title":"New Titan Hospitality Group Case Study","preview":"“BYOM™ has been a game-changer for us.” – James King, Founder \u0026 CEO, Titan Hospitality GroupToday we are releasing our newest case study! This interview with James King is a fantastic story and beneficial resource for restaurants who are interested in learning more about integrating digital solutions.A few quick highlights about the impact of Uptown Network’s BYOM™:Cut menu printing costs by 75%Delivers safer, more sanitary and more personalized guest experiencesReduced time and complexity of...","published_at":"2021-09-17T17:00:53Z","author_name":"Celeste Polin","url":"/feed/148737","canonical_url":"https://wefunder.com/feed/148737"},{"id":148707,"entity_id":"wefunder:feed_item:148707","type":"FeedItem::Update","visibility":"public","title":"Over $300K Raised!","preview":"We have officially crossed over the $300K mark in this fundraising campaign! We want to thank everyone who has participated in this raise so far. Together we are changing the way the world uses menus.If you have not yet joined our raise or know someone who may be interested, there’s still time to invest. Learn more in our investor panel video, our investor webinar recording update, or feel free to ask us a question in the Questions or Comments sections. We look forward to hearing from you!","published_at":"2021-09-16T18:00:50Z","author_name":"Celeste Polin","url":"/feed/148707","canonical_url":"https://wefunder.com/feed/148707"},{"id":147265,"entity_id":"wefunder:feed_item:147265","type":"FeedItem::Update","visibility":"public","title":"Uptown Network Investor Webinar Recording Now Available","preview":"Today's webinar recording is now available here:Thank you to everyone who joined!\u0026nbsp;","published_at":"2021-07-30T22:29:57Z","author_name":"Celeste Polin","url":"/feed/147265","canonical_url":"https://wefunder.com/feed/147265"},{"id":147237,"entity_id":"wefunder:feed_item:147237","type":"FeedItem::Update","visibility":"public","title":"Today @ 2pm ET: Live Investor Webinar","preview":"Today’s the day! Whether you have already invested or are interested in learning more, we invite you to join today's webinar at 2pm ET.To register, click the link below:https://us06web.zoom.us/webinar/register/WN_qaLWalXoRjSmM3piDbnKWgWe look forward to having you there!","published_at":"2021-07-30T14:51:11Z","author_name":"Celeste Polin","url":"/feed/147237","canonical_url":"https://wefunder.com/feed/147237"},{"id":147170,"entity_id":"wefunder:feed_item:147170","type":"FeedItem::Update","visibility":"public","title":"REMINDER: Live Investor Webinar Friday @ 2pm ET","preview":"Mark your calendars! We are excited for you to join us this Friday at 2pm ET LIVE for an investor webinar hosted by our CEO, Jack Serfass, and Lead Investor, Jim Lathrop. They will be discussing our second quarter progress, product updates, and the post-COVID hospitality industry.To join, register with the link below:https://us06web.zoom.us/webinar/register/WN_qaLWalXoRjSmM3piDbnKWgPlease feel free to reach out to us with any questions. We look forward to hearing from you!","published_at":"2021-07-28T19:49:45Z","author_name":"Celeste Polin","url":"/feed/147170","canonical_url":"https://wefunder.com/feed/147170"},{"id":147036,"entity_id":"wefunder:feed_item:147036","type":"FeedItem::Update","visibility":"public","title":"ICYMI: Instagram Live With Wefunder","preview":"Yesterday, Jack Serfass, CEO and Co-Founder of Uptown Network, spoke with Eric from Wefunder on Instagram live about the importance of technology in the hospitality industry’s sustainability efforts. In case you missed it, you can watch the full Instagram live video here:","published_at":"2021-07-23T19:11:48Z","author_name":"Celeste Polin","url":"/feed/147036","canonical_url":"https://wefunder.com/feed/147036"},{"id":146983,"entity_id":"wefunder:feed_item:146983","type":"FeedItem::Update","visibility":"public","title":"Special Announcement: Instagram Live Today @ 3pm ET","preview":"Join us today at 3pm ET as we talk with Wefunder about the importance of technology in the hospitality industry's sustainability efforts. To join, log in to your Instagram account, follow\u0026nbsp;@Uptown_Network\u0026nbsp;and\u0026nbsp;@Wefunder, and watch for our live session at the top of your stories section. We look forward to having you there!","published_at":"2021-07-22T15:45:28Z","author_name":"Celeste Polin","url":"/feed/146983","canonical_url":"https://wefunder.com/feed/146983"},{"id":146960,"entity_id":"wefunder:feed_item:146960","type":"FeedItem::Update","visibility":"public","title":"Join Us Live: Friday, July 30th @ 2pm ET","preview":"Exciting progress has been made since the start of our Wefunder campaign. Whether you have already invested or are interested in learning more about Uptown Network, join us next Friday, July 30th at 2pm ET for a live webinar hosted by our CEO, Jack Serfass, and Lead Investor, Jim Lathrop.We will be covering topics such as:How BYOM™ increases revenue and increases productivity in the middle of staff shortagesProven sustainability analyticsThe second quarter progress of Uptown Network and what ...","published_at":"2021-07-21T20:26:02Z","author_name":"Celeste Polin","url":"/feed/146960","canonical_url":"https://wefunder.com/feed/146960"},{"id":146733,"entity_id":"wefunder:feed_item:146733","type":"FeedItem::Update","visibility":"public","title":"Uptown Network Featured On Technori","preview":"Can't see the video? Click here.Uptown Network was recently featured on Technori, Chicago's largest tech/media platform with a community made up of fellow founders, entrepreneurs and investors.It was a pleasure speaking with Scott Kitun, CEO of Technori, and hearing his thoughts on Uptown Network:“This isn’t just a menu. There’s a way that this becomes a driver of business. There’s a way that this becomes a driver of content. There’s a way that this becomes a driver of decision-making and act...","published_at":"2021-07-14T19:51:29Z","author_name":"Celeste Polin","url":"/feed/146733","canonical_url":"https://wefunder.com/feed/146733"},{"id":146667,"entity_id":"wefunder:feed_item:146667","type":"FeedItem::Update","visibility":"public","title":"Jack Serfass, CEO of Uptown Network, Quoted in Esquire","preview":"Esquire ponders the future of QR codes and digital menus and concludes they're here to stay. Jack Serfass, CEO of Uptown Network, quoted:\"According to Jack Serfass, CEO of food and beverage software company Uptown Network, the future is digital and more sustainable. 'I don't think paper menus are coming back,' he told Digital Trends. 'Post pandemic, I think we will see more tablet menus with guests having a choice of a sanitized tablet or their phone.'\"Read the full article here:\u0026nbsp;https:/...","published_at":"2021-07-12T17:14:05Z","author_name":"Celeste Polin","url":"/feed/146667","canonical_url":"https://wefunder.com/feed/146667"},{"id":146611,"entity_id":"wefunder:feed_item:146611","type":"FeedItem::Update","visibility":"public","title":"MURTEC 2021: How Augmented Reality Can Enhance Restaurant Revenue Recovery","preview":"Can't see the video? Click here.BYOM™ and Uptown Gifts provide experiences that are worth sharing! We are excited to have been mentioned in the MURTEC 2021 interview with Robert Firpo-Cappiello, Editor-in-Chief of Hospitality Technology, and James King, CEO of Titan Hospitality, as they discuss Uptown Network's innovative solutions that include the experiential component for guests while also adding revenue recovery for restaurants.Highlighted Quotes:\"Anytime we contemplate new technology or ...","published_at":"2021-07-09T19:09:52Z","author_name":"Celeste Polin","url":"/feed/146611","canonical_url":"https://wefunder.com/feed/146611"},{"id":145586,"entity_id":"wefunder:feed_item:145586","type":"FeedItem::Update","visibility":"public","title":"Perks When You Invest in Us","preview":"Thank you to everyone who has rallied behind our mission to help restaurants accelerate revenue recovery! So far, over 200 of the 90% off promo codes have been sent to our Wefunder investors. That’s over 200 restaurants that will benefit from your decision.We cherish and appreciate all of our investors, and we don’t want your generous investments to go unnoticed. Each investor who invests $500+ will be given a special promo code(s) to use for your own company or extend it to a restaurant or h...","published_at":"2021-06-03T22:05:13Z","author_name":"Celeste Polin","url":"/feed/145586","canonical_url":"https://wefunder.com/feed/145586"},{"id":145215,"entity_id":"wefunder:feed_item:145215","type":"FeedItem::Update","visibility":"public","title":"Our numbers are on the rise!","preview":"Making a Big Impact in a Short Amount of TimeSince launching our Wefunder campaign just a few short weeks ago, we've seen our impact on the hospitality industry GROW.Thank you to everyone who has contributed so far. Your investment toward the future of restaurants is being put to work in a big way.","published_at":"2021-05-21T21:07:00Z","author_name":"Celeste Polin","url":"/feed/145215","canonical_url":"https://wefunder.com/feed/145215"},{"id":145056,"entity_id":"wefunder:feed_item:145056","type":"FeedItem::Update","visibility":"public","title":"AR Gifting: Rethinking Restaurant Gift Cards","preview":"There are many ways that innovative technology is making its way in the hospitality industry, but augmented reality is currently the new buzz and it’s an exciting way to incorporate the experiential component for guests. When creating Uptown Gifts, our main focus was to find a way for restaurants to generate extra revenue from their digital menus, while also integrating a special experience that gift cards could never provide.\u0026nbsp;With our partnership with Rock Paper Reality, we took virtual...","published_at":"2021-05-17T00:00:08Z","author_name":"Celeste Polin","url":"/feed/145056","canonical_url":"https://wefunder.com/feed/145056"}],"q_and_a":[{"id":249547,"entity_id":"wefunder:comment:249547","question":"With the Regulation of \u0026nbsp;Crowdfunding deals the amount we can invest per year across this platform will hit the limit, so We were wondering if you have provisions to accept alternative outright financing. With that, we can cover over 60% of your target raise. Kindly reach out to me at\u0026nbsp;HornbeckInvestment@protonmail.com\u0026nbsp;so we discuss further.","author_name":"Hornbeck George","votes":1,"created_at":"2023-06-07T02:51:16Z","canonical_url":"https://wefunder.com/uptown.network#question-249547","answers":[]},{"id":175041,"entity_id":"wefunder:comment:175041","question":"Obvious benefits of digitization / environmental attributes apart, I am intrigued by possibilities such as offering 3D visualization, adding detailed information (chef's vision, ingredients, allergens, customization options), and the ability for customers to indicate their preferences and their feedback. Would love to hear back if these are already available, or in the works.","author_name":"Subramanian H Iyer","votes":1,"created_at":"2021-10-20T19:16:57Z","canonical_url":"https://wefunder.com/uptown.network#question-175041","answers":[{"id":178445,"entity_id":"wefunder:comment:178445","answer":"Hi Subramanian, Those are great comments! Uptown Network's solutions have many of the features you mentioned. You can see an example of the 3D visualization in this video: https://www.youtube.com/watch?v=Agqie9RzjNY\u0026amp;t=1s","author_name":"Celeste Polin","votes":0,"created_at":"2021-11-09T20:10:44Z"}]},{"id":152469,"entity_id":"wefunder:comment:152469","question":"Hi guys, congratulations on your success to this point! It seems like you have some great technology! My question is about the timeline in your presentation materials, you have an item called \"Darden Integration\" placed sometime between 2015 - 2017. What does this mean? How many of Darden's restaurants are you in, and what is your growth potential there? Of Darden's restaurant brands, your customer logo montage includes the Capital Grille and Seasons 52; are you trying to get into their other restaurants? How should investors think about the fact that you've done business with Darden for about five years (since \"Darden Integration\") but have been limited to a small minority of their restaurants (2 of 8 brands)?","author_name":"Mike Rodriguez","votes":1,"created_at":"2021-06-03T19:51:41Z","canonical_url":"https://wefunder.com/uptown.network#question-152469","answers":[{"id":152489,"entity_id":"wefunder:comment:152489","answer":"Thanks, Mike. We have a great relationship with Darden. They are a great company.\u0026nbsp; The integration is to help our systems talk with theirs. Being in 2 of 8 Darden brands should be considered a great thing as it validates our technology.\u0026nbsp;Our competitors are in 0 of 8 brands.\u0026nbsp;Another positive is the longevity of the relationship.\u0026nbsp;I think it shows the mutual value that both companies appreciate.\u0026nbsp;We are in several large brands and have positive conversations about the future with all of them. As you know, large companies take more time to develop. Coming out of the pandemic we are seeing many of these companies want to re-engage on new projects.\u0026nbsp;The pandemic has definitely focused the industry’s attention on the importance of technology.","author_name":"Celeste Polin","votes":0,"created_at":"2021-06-03T20:41:07Z"}]},{"id":152446,"entity_id":"wefunder:comment:152446","question":"Hey! How do you justify $21.3M valuation on annual revenue of $1M. Need to see future revenue forecast numbers before considering an investment. Current valuation appears VERY lofty to me. TY!","author_name":"Stephen Gellatly","votes":1,"created_at":"2021-06-03T18:25:21Z","canonical_url":"https://wefunder.com/uptown.network#question-152446","answers":[{"id":152467,"entity_id":"wefunder:comment:152467","answer":"Thanks, Stephen. I appreciate your question. Valuations can be subjective, especially with early stage companies. Several companies on Wefunder have multi-million dollar valuations with little or no revenue. The nice thing about this round in Uptown Network is that we are offering the same terms that accredited investors have already invested over $1 million in. That gives some sense that other very experienced investors agree with the valuation. Also, this is a preferred security with 50% warrant coverage. This means that for every $100 invested they get $50 in warrant coverage. Warrant coverage allows an investor to wait to ensure that the warrant is worth more than the purchase price before they exercise it. This effectively gives upside potential without having to pay for it. In addition to the revenue, Uptown Network also has 2 patents (links to them at USPTO are listed on this site). Many people also value the quality of our customer list. We have master agreements with several large brands. We have a recurring revenue model which many people like. Lastly, we are in a hot space that is poised to come back very strong post-pandemic. Here is a link to a Forbes article that discusses the rapid growth of Toast’s valuation as an example of what is going on in this space: https://www.forbes.com/sites/petercohan/2021/02/22/after-50-april-staff-cut-toast-aiming-for-20b-ipo/?sh=30d2fc1bb318","author_name":"Celeste Polin","votes":1,"created_at":"2021-06-03T19:43:04Z"}]},{"id":334429,"entity_id":"wefunder:comment:334429","question":"Ok, obvious question. Is Uptown Network still a functioning entity in 2026? No updates since 2023. What gives?","author_name":"Mark Berron","votes":0,"created_at":"2026-05-27T20:34:55Z","canonical_url":"https://wefunder.com/uptown.network#question-334429","answers":[]},{"id":173659,"entity_id":"wefunder:comment:173659","question":"What do you anticipate your 2021 and 2022 revenue to be?","author_name":"Adam Sampson","votes":0,"created_at":"2021-10-11T19:52:02Z","canonical_url":"https://wefunder.com/uptown.network#question-173659","answers":[{"id":173826,"entity_id":"wefunder:comment:173826","answer":"Hi Adam, Thank you for your question. As you can see from some of our other answers we try to not make forward leading statements. However, I can give you reasons that the future is bright at Uptown Network. We closed over 100 new restaurants during the pandemic, so we have had healthy revenue growth. Also, many restaurants have made the decision not to go back to paper menus and our pipeline is strong. We also just closed the first location in a major hotel brand which we hope to be able to announce this quarter. We are excited to add AR virtual gifting to our menu offerings in Q4. We plan to go live soon at the Waldorf Astoria in Orlando. The pandemic delayed the original launch of virtual gifting so we are really excited to be able to launch this right before the holiday season. This new ability will turn menus from a cost center to a profit center by adding a completely new revenue stream right when restaurants need it most. Instead of giving someone an old plastic gift card, Uptown Gifts takes any item on the menu and turns it into a personalized, interactive gift experience and brings a restaurant brand to life beyond the four walls of the restaurant. With all of the supply chain issues expected this holiday season, Uptown Gifts can be given in real-time. The revenue breakdown is that the restaurant keeps 85% of the transaction and Uptown gets 15%. This is great for the restaurant as they only need to pay the transaction fee on the amount of the gift. For example, someone may gift a $50 steak, but when that person comes in, their tab could be $200 or $300 dollars. The restaurant only pays the transaction fee on $50. It’s truly a new way to help our favorite restaurants recover. A video of Uptown Gifts can be viewed here: https://youtu.be/Agqie9RzjNY Between healthy demand for digital menus and the addition of the Uptown Gifts revenue stream we are bullish on 2021 and 2022. I hope that this helps answer your question. Best regards, Celeste","author_name":"Celeste Polin","votes":0,"created_at":"2021-10-12T19:46:10Z"}]}],"faq":[{"question":"Hey! How do you justify $21.3M valuation on annual revenue of $1M. Need to see future revenue forecast numbers before considering an investment. Current valuation appears VERY lofty to me. TY!","answer":"Thanks, Stephen. I appreciate your question. Valuations can be subjective, especially with early stage companies. Several companies on Wefunder have multi-million dollar valuations with little or no revenue. The nice thing about this round in Uptown Network is that we are offering the same terms that accredited investors have already invested over $1 million in. That gives some sense that other very experienced investors agree with the valuation. Also, this is a preferred security with 50% wa..."},{"question":"Hi guys, congratulations on your success to this point! It seems like you have some great technology! My question is about the timeline in your presentation materials, you have an item called \"Darden Integration\" placed sometime between 2015 - 2017. What does this mean? How ma...","answer":"Thanks, Mike. We have a great relationship with Darden. They are a great company.\u0026nbsp; The integration is to help our systems talk with theirs. Being in 2 of 8 Darden brands should be considered a great thing as it validates our technology.\u0026nbsp;Our competitors are in 0 of 8 brands.\u0026nbsp;Another positive is the longevity of the relationship.\u0026nbsp;I think it shows the mutual value that both companies appreciate.\u0026nbsp;We are in several large brands and have positive conversations about the fut..."},{"question":"What do you anticipate your 2021 and 2022 revenue to be?","answer":"Hi Adam, Thank you for your question. As you can see from some of our other answers we try to not make forward leading statements. However, I can give you reasons that the future is bright at Uptown Network. We closed over 100 new restaurants during the pandemic, so we have had healthy revenue growth. Also, many restaurants have made the decision not to go back to paper menus and our pipeline is strong. We also just closed the first location in a major hotel brand which we hope to be able to ..."},{"question":"Obvious benefits of digitization / environmental attributes apart, I am intrigued by possibilities such as offering 3D visualization, adding detailed information (chef's vision, ingredients, allergens, customization options), and the ability for customers to indicate their pre...","answer":"Hi Subramanian, Those are great comments! Uptown Network's solutions have many of the features you mentioned. You can see an example of the 3D visualization in this video: https://www.youtube.com/watch?v=Agqie9RzjNY\u0026amp;t=1s"}]}}}