PlateRate

We're trying to help create the ultimate dining experience

New York, NY, US Restaurants Direct-to-Consumer Pay-As-You-Go Live Beta
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Artificial Intelligence - AI Marketplace Restaurants
Summary Problem Solution Industry Landscape
Platerate transforms the search for the ultimate dining experience, to ensure restaurants are consumer-focused and profitable.
Over 70% of People want to try new food, but generally gravitate towards ordering the same menu items they've tried in the past because they don't want to risk not liking new food.
We offer a credit for free food to return to the restaurant when you try new dishes at our partner restaurants -- and we can incentivize customers to try the highest rated menu items that restaurant has based on customer's menu-item level reviews.

Mission
Every day we provide innovative solutions with the highest integrity to create raving fans for our partner restaurants

How
* We build a robust proprietary data base of your food preferences, flavor profiles and restaurant menus
* We maximize Platerate users and restaurant adoption to drive revenue
* We reward diners for tapping into their social networks to become influencers
* We listen and continually ask for feedback to maximize customer loyalty

3 Uniques
* We match you with your perfect food, drink and dining experience
* We provide order-ahead to increase the speed of table turnoverloyal customers
* We provide incentives at times of day and days of week that attract customers at quiet times!
The food pickup/delivery/in restaurant order space is crowded, but full of competitors looking to charge the highest rates possible for undifferentiated product. We come in at a lower price point with a better, highly differentiated product, in order to win word of mouth recommendations from the restaurant decision maker community - We plan to "win by being more innovative and generous than the competition"

Funding Overview

Angel / Pre-seed
Current Funding Stage
$ -
Raised in Previous Rounds
$ 350,000
Raised in Current Round
$ 1,000,000
Goal for Current Round
Key Facts and Traction Press, Updates and Events Funding History
  • Won award for most visionary product of 2019 from The Product Group (group of over 30,000 product managers)
    January 1, 2020
  • Have Partnerships in beta with Le District and one of the best Thai Restaurants in the world (Thai Farm Kitchen)
    January 15, 2020
  • $350,000 September, 2020

Gallery

The Team

DM

David Manner

VP Sales
DM

David Manner

VP Sales
Over 30 years of highly successful technology Sales and Sales Management experience CEO of a Sales Acceleration consultancy specializing in early stage startups Skilled in sales processes from tactical through complex enterprise sales, sales coaching and sales training for all levels of organizations