How Much Did Checkmate Raise?
Funding & Key Investors

Checkmate has solidified its position in the hospitality technology sector, securing a total capital infusion of $13M. This latest major strategic investment of $10M underscores the company's rapid trajectory in streamlining digital operations for the restaurant industry. By bridging the gap between fragmented delivery platforms and legacy point-of-sale systems, Checkmate continues to attract significant institutional interest, signaling a robust outlook for its enterprise-level scaling efforts.

What is Checkmate?

Checkmate
SoftwareNetworking SoftwareSupply Chain Management (SCM) Software

Checkmate operates as a critical middleware provider, facilitating seamless integration between high-volume online ordering sources—including GrubHub, UberEats, and DoorDash—and over 40 distinct restaurant point-of-sale (POS) systems such as Toast, Brink, and Revel. By automating the flow of digital orders directly into kitchen management workflows, the company eliminates the operational friction associated with manual order entry. This technological architecture allows restaurant operators to maintain a unified digital footprint across multiple third-party marketplaces while ensuring data integrity and operational efficiency within their existing infrastructure. The platform's value proposition centers on reducing labor costs and minimizing order errors, positioning it as an essential utility for modern, multi-channel food service enterprises.

How much funding has Checkmate raised?

Checkmate has raised a total of $13M across 2 funding rounds:

2018

Series A

$3M

2024

Series B

$10M

Series A (2018): $3M, investors not publicly disclosed

Series B (2024): $10M led by Tiger Global

Key Investors in Checkmate

Tiger Global

Tiger Global is a prominent investment firm that focuses on private and public companies in the global internet, software, consumer, and industrial sectors.

Undisclosed Investor

Undisclosed investor participating in the funding round.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for Checkmate?

With the successful closure of this major strategic investment, Checkmate is well-positioned to accelerate its product roadmap and expand its market penetration. The company is expected to leverage this capital to enhance its API capabilities, potentially broadening its integration ecosystem to include emerging delivery channels and advanced analytics tools. As the restaurant industry continues to prioritize digital transformation, Checkmate's focus will likely shift toward deepening its enterprise-grade features, such as real-time menu management and centralized inventory synchronization. This growth phase will be pivotal in establishing the firm as the definitive infrastructure layer for the global food service sector, enabling operators to scale their digital delivery presence without compromising operational stability.

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Frequently Asked Questions Regarding Checkmate Financial Insights

What are the most recent funding rounds that Checkmate has completed, and what were the funding rounds?
Checkmate has recently completed 2 funding rounds: Series B on Oct 24, 2024, Series A on Nov 12, 2018.
What is the total amount of funding Checkmate has raised to date?
Checkmate has raised a total of $13M in funding to date.
How many funding rounds has Checkmate completed?
Checkmate has completed 2 funding rounds.
How much funding did Checkmate raise in its most recent funding round?
Checkmate raised $10M in its most recent funding round.
Who are the lead investors in Checkmate's latest funding round?
The lead investor in Checkmate's latest funding round was Tiger Global. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Checkmate's history?
The largest funding round in Checkmate's history was $10M.
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