Smart Dining
Date of Foundation
2023

Smart Dining

Smart Dining: Uniting TikTok, Yelp, OpenTable for immersive food discovery.

The Idea origin story

At Smart Dining, we're revolutionizing the food industry by combining the interactive features of TikTok, customer reviews from Yelp and restaurant booking convenience of OpenTable. Our users discover new dining experiences, filter options based on preferences, engage with interactive content, and conveniently book tables or join waitlists. Additionally, we offer gameified rewards and encourage sharing experiences to forge a foodie community. For restaurants, our comprehensive dashboard enhances business management efficiency.

The Mission

To become the most trusted and beloved platform for discovering, sharing, and booking personalized dining experiences

Clients

Our customers can be food enthusiasts, restaurant-goers, restaurateurs and hospitality businesses seeking efficiency.

Problems we solve

Client’s problem

30 minutes daily wasted deciding where to eat and what to order. Gen Z & Millennials rely on social media but can’t book, order or filter. Independent restaurants lack visibility & pay high fees

Confirmation of problem

The average person spends over 30 minutes a day deciding what to eat, and social media platforms lack booking or filtering capabilities.

Solution

We provide an all-in-one dining solution combining a personalized feed, smart filters and in-app booking. It's coupled with our SAAS tools to assist restaurants in promotion and management.

Our technologies

This solution is based on technologies

How it works

Our platform allows user-friendly food discovery, engagement with micro-communities, instant booking and experience sharing for diners, along with real-time insights for restaurants.

Value for the client

We revolutionize food discovery by merging TikTok's interactivity, Yelp reviews, and OpenTable bookings into a seamless, rewarding dining experience.

Market and strategy

Market size

5

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

50

% of the market

Is our goal in the next 3 years

Team

My name’s

thierry dossou

My key role in the product

Launched Smart Dining pilot with 5+ CO restaurants and reached over 2000 bookings, proving the system’s effective reservation capabilities.

Team size and key members

Our team includes CEO Thierry Dossou, Sales Consultant Tiffany Helton of Stuft Burger Bar, Restaurant Advisor Gerard Boyle from DC Oakes, and civic and business advisors Wade Troxell & Jim Zafarana.

Competitors

Competitors

Potential competitors for our startup, Smart Dining, could include major reservation platforms like OpenTable and Resy, review sites such as Yelp and TripAdvisor, social media apps including Instagram or TikTok that promote food sharing, and loyalty reward apps like Fivestars.

Our Advantages

💡 Interactive Reviews: Harnessing the power of storytelling for comprehensive restaurant ratings rather than mere star-based assessments. Providing restaurants with insightful data analytics, ROI overview, and efficient promotion tools.

Business model

Our revenue streams include local advertising, commissions on bookings and experiences, premium user subscriptions, restaurant SaaS tools sales, and affiliate partnerships.

Traction

We've successfully launched our pilot program across 5 prestigious restaurants in Colorado, and have incorporated over 2000 active users into our community.

Leveraging funding, we plan to expand our platform nationwide, enhance marketing for user growth and partnerships, develop a reward system, speed up product development and drive sustainable revenue. We aim to achieve extensive user base, nationwide presence and profitability.

Metrics

Since initiating our waitlist feature testing, we've noticed a significant rise in customer engagement with an impressive uplift of 18% in conversions.

Though Smart Dining is yet to hit the revenue stage, it shows promising early momentum. In its beta phase, we successfully handled over 1,200 reservations and brought more than five restaurants into our growing network.

Incorporation

Our company incorporated in

Colorado

Key risks

Our primary risks are driving user adoption, convincing restaurants to transition to our platform, aligning monetization with user scaling, and maintaining differentiation in face of competitive pressure from larger players such as Meta, Yelp and Google.

Investments

$

200

We raised investments

Our Investors

Bootstrap

Rising Investments

$

1000000

Currently, we are raising investments

$

10

Estimated pre-investment valuation of the company

We’re looking for a co-founders

I am looking for a motivated co-founder who can join me at Smart Dining, a platform which is revolutionizing the food industry by amalgamating the interactivity of TikTok, Yelp's customer reviews, and OpenTable's user-friendly booking system. As a co-founder, you would help us take our mission forward - that is to become the most trusted and beloved platform for discovering, sharing, and booking personalized dining experiences. Your role would include a keen focus on our users which range from food enthusiasts and frequent restaurant-goers, to restaurateurs and hospitality businesses that require system efficiency. As we aim to save people from spending 30 minutes every day deciding where to eat, we need you to help enhance our comprehensive solution that provides users with a personalized feed, smart filters, in-app bookings, and a community space to share their experiences. Moreover, we need your expertise to upgrade our complete solution package for restaurants that includes promotion and efficient business management.

Open positions

We at Smart Dining are seeking a full-stack developer to join our team. The ideal candidate should be well-versed in current technological trends, have solid experience in using multiple coding languages (such as Python, PHP, Java, and Ruby), and experience developing both front-end and back-end software solutions. The role demands a high level of creativity in designing innovative and effective digital solutions to drive our user experience and help us fulfill our mission of becoming the most trusted platform for discovering, sharing, and booking personalized dining experiences. Collectively, we aim to disrupt the culinary industry and revolutionize the way people dine and discover food. Join us in this exciting gastronomic journey.

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Additional information

MVP