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Name your own price for anything you want at restaurants and clubs

Name your own price for anything you want at restaurants and clubs

Fora is a mobile app where consumers can name your own price for anything you want at restaurants and clubs.

Pay more to bypass a wait or get VIP treatment, pay less during off-peak periods.

Make one request to one or more places. The places are notified via push notification, the first to accept your request wins your business. Payment methods are linked and vouchers are unique ID and mobile.

If a request is not accepted, no one is charged. If a request is accepted, the consumer pays the offered amount (say $25), the merchant receives 85% net net, and Fora takes 15% and pays all transaction fees.

Fora solves three problems:
1. Merchants would be willing to offer discounts if they knew it would be used during slow times
2. There is currently no mechanism for merchants to accept revenue for consumers willing to pay more for admission or VIP treatment
3. Contrary to popular belief, merchants don't need all customers, they need all of the right customers
Valuation

$2.5M

Funded over

1 round

Latest round

Seed (Aug 2014)

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