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Swipely Is Now Upserve

Powering 11 million meals per month for thousands of restaurants with 16 million active diners

Launches Spring '16 Release with comprehensive, smart restaurant management tools; new Upserve Mobile for iOS that will make the most out of every diner, dish and decision.

Upserve logo

News provided by

Swipely

Mar 07, 2016, 06:00 ET

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PROVIDENCE, R.I., March 7, 2016 /PRNewswire/ -- Swipely today announced its Spring '16 product release, which includes amazing new mobile features that make managing restaurants easier than ever. This launch also coincides with a name change to Upserve. The company's new name is inspired by the energy and passion that restaurateurs have for their guests, staff and food.

The Spring '16 product release builds on Upserve's leadership in restaurant technology. Upserve Mobile for iOS gives restaurateurs real­time insights. New in Spring '16, Upserve Shift Prep integrates with table management systems to forecast each night's service, while Upserve Guest Book offers new tools to guide marketing decisions. Upserve Spring '16 includes major improvements across all modules in the product suite:

  • Upserve Shift Prep: Integrating table­ management, point of sale and CRM systems, and powered by machine learning, Shift Prep is a crystal ball that predicts how many people will dine tonight, when the front door will get slammed, and which wine tonight's returning VIP guests love. Run a smoother service with Shift Prep.
  • Upserve Mobile: Offering anywhere, anytime insight into what's happening right now on the floor, Upserve Mobile features a real­time dashboard for single or multi­unit restaurants with sales, labor performance, and more, so you can spend less time running around, and more time running the show.
  • Upserve Server Performance: Building on tools that lift average sales per cover, new Spring '16 features measure front of house staff performance by turn time, guest retention, and usage of voids or discounts. Upserve leads the way, so your best servers can do more.
  • Upserve Menu Intelligence: Half of all restaurant reviews mention specific menu items. New in Spring '16, Upserve shows restaurateurs which items to promote, and which may need to be eighty-­sixed from the menu, using artificial intelligence that understands every review.
  • Upserve Guest Book: Data from leading table management systems is now fully integrated with Guest Book, giving a 360­ degree view of every guest, across all locations. Guest lists now indicate whether "brunch lovers" or "Tuesday night regulars" (or any other guest list) are worth more to the bottom line, guiding important restaurant marketing decisions.
  • Upserve Sales: Analytics for restaurant sales across locations and POS platforms are more powerful in Spring '16, now providing new views into comps, voids and covers, to spot key trends at the heart of the operation, whether you're running just one restaurant, or one hundred.
  • Upserve Loyalty: Restaurants now have the new option of white­labeling Upserve Loyalty, making it easier to reward repeat guests based on spending or visits, using your brand or ours.

High­-resolution screenshots of these new Spring '16 product capabilities are available at https://www.upserve.com/press. Upserve Mobile for iOS is available in the App Store today; other Spring '16 features are available now, or will be available to customers later this Spring.

All product plans include Upserve Payments, the best payments solution for restaurants trusted to process over seven billion dollars in annual payment volume. More than 2% of all U.S. full­service restaurant sales now run on Upserve Payments.

In the most recent quarter, Upserve managed 11 million meals per month, up 172% since the year ago period. Upserve Guest Book is used to manage relationships with 37 million active diners, making Upserve one of the largest­scale and fastest­growing companies in the food and restaurant technology space:

Company

Meals per Month

Annual Growth

OpenTable

17 million

13%

Upserve

11 million

172%

GrubHub

7 million

19%

Just Eat

7 million

56%

Blue Apron

5 million

Unknown

SeatMe by Yelp

2 - 3 million

Unknown

Postmates

1 million

Unknown

Plated

< 1 million

Unknown

Source: SEC filings, press reports, company estimates

"Restaurateurs want to delight guests, provide great food and run smoother service. Upserve is the magic ingredient," said Angus Davis, CEO and founder of Upserve. "Our new brand reflects our focus and commitment to our fast­growing customer base, best evidenced by our new Spring '16 product release, which serves up clear guidance that helps restaurants thrive."

About Upserve

Upserve is the smart management assistant that puts everything restaurateurs need to know in one place, providing real­time guidance that empowers local restaurants to unlock their full potential. Founded in 2009, Upserve is based in Providence, RI and is backed by First Round Capital, Shasta Ventures, Index Ventures, Pritzker Group and Greylock Partners, among others.

Upserve is a trademark of Swipely, Inc

MEDIA CONTACT Pamela Cotter at Upserve | 401.226.0813 | [email protected]

Logo - http://photos.prnewswire.com/prnh/20160304/340627LOGO

SOURCE Swipely

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