Project Description:

TasteRich: A Hospitality Platform Connecting Inspiration with Reservation

The Problem

The hospitality industry faces challenges converting social media interest into bookings. Venues may lose potential revenue, content creators have limited options for monetising food-related content, and guests often cannot easily book experiences discovered online.

TasteRich: The Solution

TasteRich provides a platform enabling users to book food experiences directly from short-form video content. Creators can earn income from hosted events, while venues utilise AI tools to manage costs and increase bookings, all integrated with current systems.

Market Opportunity

• Global Restaurant Booking: over $150B
• Creator Economy: $104B, growing at 22% annually
• Restaurant Tech: $24B, growing at 15% year-over-year

TasteRich operates at the point where these three markets converge.

Benefits

• For Venues: Customer acquisition, reduced labour costs, data-driven insights
• For Creators: Revenue opportunities from events, audience growth, access to professional tools
• For Food Enthusiasts: Ability to book popular experiences, attend exclusive events, discover new food options

Market Validation

• 73% of diners use social media to find restaurants, but only 12% make bookings directly from content
• Planned launch in Melbourne, involving participating venues and creators

Investment Details

• Convertible note: AUD $300K–$500K
• 4% interest, $4.5M cap, 20% discount, 24-month maturity
• Estimated return of 3–5x within three years

Use of Funds

• 40% Technology
• 15% Marketing
• 45% Team

Roadmap

• Next 6 Months: Platform completion, beta testing
• 6–12 Months: Launch in Melbourne, targeting 1,000+ users and 100+ venues
• 12–24 Months: National scaling and preparation for international expansion

Company Overview

TasteRich is designed to connect social media-based inspiration with restaurant booking functionality.

Conclusion

TasteRich stands at the intersection of technology, hospitality, and the creator economy, offering a seamless bridge between social discovery and real-world dining experiences. By empowering venues, creators, and food lovers alike, TasteRich is positioned to redefine how people engage with dining inspiration online, unlocking new value for all participants and driving innovation across the industry.

Key investment risks:

When considering purchasing or investing in a business, it's important to be aware of the potential risks involved. It is advisable to consult with your accounting and legal advisors before entering into any contracts. While we strive to exercise due diligence, we cannot guarantee the accuracy of the project. It is essential that you verify all financials and legal agreements before proceeding.