Empowering Restaurants to thrive in the age of digital disruption

Division:South/North America

Field:Other

Project Evaluation:50 Financing Amount:Secret Cede Share:Secret

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Project description

1 Description

BigZpoon is a B2B SaaS platform providing online menu management, marketing, sales, food ordering, delivery, and CRM solutions to restaurants.  BigZpoon stands out amongst SaaS vendors in foodservice industry due to its patent-pending food waste management solution, industry-leading menu personalization capabilities and disruptive delivery business model.

2 Innovation

BigZpoon provides a complete portfolio of cloud-based tools to customers.  This includes Multi-Location Menu Management, Menu Personalization, Real Time Nutrition Calculator, Online Marketing, Online Sales, Order Processing, POS Integration, Cost Optimized Delivery Model, Patent-pending Food Waste Management and Loyalty Program. Techology is PoC ready.  BigZpoon is a Modular Solution that can seamlessly integrate into Customer's existing IT Systems. 

3 Market & Risk

Customers:

• Single Location Restaurants: Full Service (Casual Dining, Fine Dining) Restaurants (FSRs)

• Small and Medium Restaurant Chains: Quick Service Restaurants (QSRs), Fast Casual (FCRs), FSRs

• Food Service Management Companies for Hospitals, Schools, Elder Care, Company Cafeterias etc.

Market Size (US) 

• TAM : 1M Restaurant Locations, Annual Subscription Revenue $1.2B

• SAM for Targeted Customers: 310K Locations, Annual Subscription Revenue $372M

• Additional Opportunity with Foodservice Mgmt Companies: $100M Annual Revenue


4 Team & Operation

The core team is a mix of passionate entrepreneurs who believe in enabling the foodservice organizations to thrive in the age of digital disruption by providing them disruptive business models to improve their bottom lines. They have in-depth expertise in technology solutions and the food industry markets. Collectively, they have over 50 years of experience leading significant development, engineering & business teams in Fortune 500 companies & startups, with a few successful exits in the latter.