What is Checkmate?
Checkmate, operating under the ItsaCheckmate brand, is a technology provider specializing in integrating multiple online ordering platforms directly with restaurant point-of-sale (POS) systems. The company's service connects over 40 different POS systems, including Brink, Toast, Revel, Aloha, Focus, and Micros, with major online ordering sources such as GrubHub, UberEats, Caviar, DoorDash, Postmates, Delivery.com, and Ritual. This seamless integration is offered for a flat monthly fee, streamlining operations for restaurants by consolidating orders from various digital channels into a single system.
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. Their investment in Checkmate suggests a focus on scalable software solutions within the food service industry.
What's next for Checkmate?
The recent major enterprise-level funding positions Checkmate for accelerated growth and market expansion. This capital infusion is expected to fuel further development of its integration capabilities, enhance its service offerings, and potentially broaden its reach into new geographic markets or restaurant segments. The strategic investment signals strong investor confidence in Checkmate's business model and its capacity to solve critical operational challenges for restaurants navigating the complex landscape of online food delivery and ordering.
See full Checkmate company page
