Spades
A web-based solution that allows guests at restaurants to scan a unique QR code at each and every table to view the menu, go through their bill, split it in real-time with their friends if they desire to, tip the staff, and pay using their preferred payment method all in 10 seconds and in 2 taps.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
* | $2.5m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Spadesapp.io is a dynamic startup revolutionizing the dining experience by streamlining the payment process in restaurants. The company offers a seamless solution where guests can scan a QR code or tap with NFC (Near Field Communication) to view the menu, split the bill, tip the staff, and pay—all from their mobile devices. This innovative approach not only enhances customer satisfaction by reducing wait times but also boosts staff efficiency and tips, allowing them to focus more on guest interaction.
Spadesapp.io primarily serves restaurants and dining establishments, integrating effortlessly with existing POS (Point of Sale) systems. This integration ensures that all transactions are visible in real-time, providing complete clarity and transparency for both the restaurant and its patrons. The company operates in the hospitality and food service market, targeting businesses that aim to improve their operational efficiency and customer experience.
The business model of Spadesapp.io is based on providing a software-as-a-service (SaaS) solution. Restaurants subscribe to the service, paying a fee for the use of the platform. This fee can be structured as a monthly subscription or a percentage of each transaction processed through the system. By offering a reliable and efficient payment solution, Spadesapp.io helps restaurants turn tables faster, thereby increasing their revenue potential.
In summary, Spadesapp.io makes money through subscription fees and transaction-based charges, providing a valuable service that enhances the dining experience for customers and operational efficiency for restaurants.
Keywords: QR payments, restaurant efficiency, POS integration, customer satisfaction, tipping solution, real-time transactions, SaaS, dining experience, table turnover, hospitality tech.