HORECA Tech Startup raising € 300,000 - Profitable

Cyprus

Amount Sought: $351,697 (€300,000 EUR)
Funding Wanted Details
Listed on Jul 31, 2023

The shortage of skilled wait staff is a major challenge for the hotel, restaurant and catering (HORECA) and retail sectors. There is also the problem of professionalism: it can be difficult to motivate staff to work, especially in the busy summer months.

Customers are getting more impatient: they demand immediate wait service and attention.

The more quickly and accurately the waitstaff of a hotel, restaurant, cafe or beachbar can react, the more effective the value chain is for the restaurant owner.

We have developed three intelligent ordering systems:

Nina Guest: A table ordering system based on QR codes that links to the venue point of sale, enabling seamless payment process.

Nina Serve: A handheld platform enabling waitstaff to use the same system for order taking and process.

Nina Pay: An all-in-one handheld that enables ordering, invoice issue and payment on a single terminal.

The productivity savings for waitstaff are significant. Moreover, venues implementing the Nina system see an immediate rise in sales because of convenience and more rapid turnover of places within the venue.

The Nina Ordering System can also be installed in hotel rooms for room service orders; in hospitals and offices; in airlines and cruiseships and other venues.

We are currently processing € 25,000 of orders per day and are profitable. We are raising capital for our 2024 sales expansion: € 300,000 representing 10% of equity.

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Financials (USD)

Amount Sought $351,697

Converted From EUR

Exchange Rate $1.17

Type Sought Equity

Use of Proceeds Growth Capital

Deal Terms

Listed By Owner

Offering Memorandum Or Prospectus Available? Yes

Willing To Pay Finders Fee? Yes

Willing to Co-Broker? Yes

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