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!

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...

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...

Thanks, Mike. We have a great relationship with Darden. They are a great company. 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. Our competitors are in 0 of 8 brands. Another positive is the longevity of the relationship. I think it shows the mutual value that both companies appreciate. We are in several large brands and have positive conversations about the fut...

What do you anticipate your 2021 and 2022 revenue to be?

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 ...

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...

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&t=1s

Uptown Network Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

Over 6,000,000 users saving 48M+ paper menus since May launch, eliminating ≈ $19M in printing costs.

Clients incl. Hilton®, Marriott, Hershey Entertainment, Hard Rock, & more.

Rare opportunity: 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.

As seen on Bloomberg, CNBC, and Yahoo!

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.

Uptown Network

Bring-Your-Own-Menu (BYOM™): Accelerating Restaurant Revenue Recovery

$369,233

Uptown Network

Quick facts

Team profiles

Featured investor profiles

$369,233

Ask