133%
Raised
£200,920
Investors
162
Target
£150,000
Equity
3.86%
Pre-money valuation
£5,000,000

Mr Noow aims to be the leading food order-ahead app in Spain. In just 16 months they have +10k app engagements (nov 19) & nº of orders are growing at an avg of23% MoM since Aug '18. Having raised +€2M from Seedrocket 4founders, ABAC, Bankinter VCs; Mr Noow is now focused on expansion through B2C/B2B partnerships.

  • +23% average Month over Month orders growth over the past 16 months
  • €2M raised from recognized VCs and top business angels
  •  3,000 orders /month & strong retention
  • Ongoing discussions on partnerships with large corporates in food services
Information Mr Noow has raised £78,530 prior to launching their campaign on Crowdcube which is represented on the progress bar for clarity. This investment is on the same terms as offered to Crowdcube investors. £61,800 may be spent during the course of the campaign.

Idea

Mr Noow's scalable app gives freedom to working professionals to discover nearby restaurants, pre-order food (take-away or eat-in), pay through the app in a few clicks & grab their food when they want to pick it up. We bring convenience to a daily process, which could save on avg.12 mins/day waiting from a target user that eats out 20 days a month. Mr Noow seeks to cover the gap delivery companies do not seem to place value on: lunch time during the working week.

Mr Noow aims to be the leading food pre-ordering App in Spain having raised 2M€ from recognised VCs & top BAs. The restaurant take-away addressable market is c. 2x larger than delivery in Spain, with predicted double digit growth by 2020; a clear opportunity for continued growth.

With our geolocalized restaurant listings & automatic loyalty and reward scheme for customers, Mr Noow acts as a valuable mobile sales & marketing channel for our venue partners charging 10% on each order.

Currently in high level discussions with corporates to develop white-labelling B2B partnerships, giving us access to 1000's of restaurants. This additional revenue stream will help us accelerate growth & solidify our leadership.

Alongside, we're raising for B2C marketing & expansion to new sites in Spain, while continuing to evolve our product with exciting new features incl. social ordering, promos, & a 'reducing food waste' initiative.

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