SeedBacked by Triple Point Ventures

Nory

Building AI for Restaurant Efficiency

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Nory

Description: Building AI for Restaurant Efficiency

Investors: Triple Point Ventures

Reference Link to Deck: https://www.businessinsider.com/nory-startup-uses-ai-to-help-restaurants-operate-more-efficiently-2023-5

Stage: Seed

**Slide 1 — Cover**

Content:

  • Logo: nory (purple font).
  • Tagline: The OS The Hospitality Industry Deserves.
  • Visual: A tiled mockup of smartphones showing the Nory app interface.
  • Design framing:

    Minimalist cover with bold purple branding. Immediately positions Nory as a tech platform with mobile-first design, using product UI as proof of polish.


    **Slide 2 — The Journey**

    Content:

  • Header: It started with the feeling there must be a better way…
  • March 2018: CEO pivot from finance → hospitality, built Red Egg restaurant.
  • Sept 2020: Saw inefficiencies, built Nory to fix them.
  • Today 2023: Nory serves hundreds of venues across UK & Europe, with measurable partner results.
  • Group photo of founding team.
  • Design framing:

    Timeline slide, anchored in credibility. Mix of narrative text and a team photo grounds the story. Colorful floating geometric shapes add a playful, modern brand feel.


    **Slide 3 — Success Ingredients**

    Content:

  • Header: Whether you have 1 venue or 1,000, the ingredients to a successful restaurant are the same.
  • Three icons:
  • Customer-focused teams (people icon).
  • Consistent management of COGs and Labour (≈60-70% of turnover).
  • Automating the busy work.
  • Design framing:

    Simple 3-part flow with arrows connecting icons. Visual narrative emphasizes scalability — the same challenges apply across restaurant sizes.


    **Slide 4 — Problem (Tooling)**

    Content:

  • Header: But it’s the same old story, too much to do, too little time and inadequate tooling.
  • Left: “The status quo”: fragmented tech stack, clunky workflows, financially illiterate business owners, managers wearing too many hats.
  • Right: “Competitors’ products”: point solutions don’t connect, clumsy UX, outdated spreadsheets.
  • Image: stressed bartender “Jennifer.”
  • Design framing:

    Juxtaposition slide: pain of operators vs. shortcomings of existing tools. Heavy use of persona storytelling.


    **Slide 5 — Problem (Headwinds)**

    Content:

  • Header: The job just got a whole lot harder.
  • 2019: Average net profit for leading brands was only 2–8%.
  • Logos (Five Guys, Leon, Wagamama, AFC).
  • 2023 headwinds:
  • 30% profitability decline.
  • Rising food & energy costs.
  • 100%+ staff turnover.
  • Management brain drain.
  • Design framing:

    Comparison slide with stark stats. Brand logos make the data relatable. Right column highlights macroeconomic headwinds → urgency to act.


    **Slide 6 — Solution Teaser**

    Content:

  • Header: The hospitality industry needs a hero. We’ve built it.
  • Image: laptop + phone mockups with Nory app dashboard.
  • Centered play button overlay (suggests a product video demo).
  • Design framing:

    Big reveal moment. Hero statement with product visuals — app positioned as the savior. Clean, focused, cinematic.


    **Slide 7 — Product Overview**

    Content:

  • Header: The next generation OS.
  • Three feature cards with mobile screenshots:
  • Demand prediction.
  • Smart staffing.
  • Supply chain automation.
  • Design framing:

    App screen-heavy slide. Three vertical iPhone frames → emphasizes tangible software. Feature text beneath strengthens credibility.


    **Slide 8 — Technology**

    Content:

  • Header: Democratising game changing AI with the tap of a button.
  • Central: Phone mockup showing notification.
  • Four supporting icons:
  • Gather operational data.
  • Run multiple ML algorithms.
  • Learn & iterate.
  • Transform into actions.
  • Design framing:

    Conceptual workflow diagram. Purple theme ties to brand. Simplifies “AI magic” into something operators can trust.


    **Slide 9 — Traction (Growth)**

    Content:

  • Header: 7x growth from Feb launch.
  • Graph: steady bar chart growth in MRR from Feb → Oct.
  • Logos: brands using Nory (e.g., Mad Egg, Box Burger, Josie’s).
  • Stats:
  • €100k top ACV.
  • ~€30k average ACV.
  • 100% net revenue retention.
  • S&M spend <10% of MRR.
  • Design framing:

    Investor slide. Clean bar graph shows steep climb. Stats on right highlight efficiency and revenue quality.


    **Slide 10 — Market Potential**

    Content:

  • Header: We’re addressing a growing 25B+ market (in WDN).
  • Breakdown:
  • US & Targeted WDNs: €1.2B.
  • EU expansion: €9.6B.
  • UKI leader goal: €6.1B.
  • Callout: WDN = workforce-driven networks in hospitality.
  • Design framing:

    Geographic TAM slide with flags and € values. Clear visual sizing. Establishes massive upside.


    **Slide 11 — Team**

    Content:

  • Header: Leadership team.
  • Profiles:
  • Conor Sheridan (Founder & CEO).
  • Raph Estrada (Head of Engineering).
  • Igor Kochajkiewicz (Head of Product).
  • Footer: Team of 24, 50% with hospitality experience.
  • Design framing:

    Classic headshots with bios and logos of past companies. Team credibility anchored in domain + tech expertise.


    **Slide 12 — Closing / Ask**

    Content:

  • Header: We are raising to accelerate our growth trajectory to become the global category leader in hospitality OS.
  • Two pillars:
  • Accelerate GTM (expand channels, partnerships).
  • Expand TAM (ecosystem extensions, international expansion).
  • Design framing:

    Final “ask” slide. Uses two clean cards to make the raise purpose clear. Crisp and investor-friendly.

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