What is Checkmate?
Checkmate is a technology company specializing in the integration of online food ordering platforms with restaurant point-of-sale (POS) systems. Its platform consolidates orders from various third-party delivery services, including GrubHub, UberEats, Caviar, DoorDash, Postmates, and Delivery.com, directly into over 40 different restaurant POS systems such as Brink, Toast, Revel, Aloha, Focus, and Micros. This seamless integration is offered for a flat monthly fee, providing restaurants with a streamlined operational solution to manage their diverse online order streams efficiently.
How much funding has Checkmate raised?
Checkmate has raised a total of $13M across 2 funding rounds:
Series A
$3M
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 an investment firm known for its significant backing of technology companies across various stages of growth. Their investment in Checkmate suggests a focus on scalable software solutions within the food tech sector.
What's next for Checkmate?
The recent major strategic investment in Checkmate signals a strong confidence in its business model and its capacity for scaling. This substantial backing, part of its $13M in total financing, will likely be directed towards expanding its integration capabilities, enhancing its platform's features, and broadening its market reach. The company is well-positioned to capitalize on the growing demand for integrated online ordering solutions in the food service industry, potentially leading to further market consolidation and strategic partnerships.
See full Checkmate company page
