What is Chowly?
Founded in 2015 and headquartered in Chicago, Illinois, Chowly specializes in developing and implementing tech solutions that bridge the gap between restaurant Point of Sale (POS) platforms and third-party online ordering solutions (TOOS). Their core offering aims to streamline operations for restaurants by ensuring seamless data flow and integration, thereby enhancing efficiency and customer experience in the digital ordering landscape. Chowly's focus on interoperability positions it as a key player in the restaurant technology sector, addressing a critical need for integrated digital solutions.
How much funding has Chowly raised?
Chowly has raised a total of $1.7M across 2 funding rounds:
Angel/Seed
$700K
Debt
$1M
Angel/Seed (2016): $700K with participation from MATH Venture Partners, Chicago Ventures, and M25 Group
Debt (2020): $1M led by PPP
Key Investors in Chowly
MATH Venture Partners
MATH Venture Partners is an investment firm that partners with founding teams to drive growth, leveraging extensive experience in scaling businesses and offering expertise in financials, marketing, and sales.
Chicago Ventures
Chicago Ventures is a private equity firm specializing in buyouts and growth equity, focusing on identifying strong business opportunities, managerial talent, and capital to foster successful exits.
M25 Group
M25 Group, a London-based company, provides removals and storage solutions, adapting to market needs with integrated logistics and digital trends for seamless customer experiences.
What's next for Chowly?
The substantial enterprise-level funding and recent strategic investment signal Chowly's readiness for an accelerated growth phase. This capital infusion is likely to be directed towards expanding its technological capabilities, enhancing its integration services, and broadening its market reach. With a clear focus on solving complex integration challenges for restaurants, Chowly is poised to further solidify its position and potentially explore new verticals or service offerings within the food tech industry. The company's strategic backing suggests a focus on scaling operations and capturing a larger share of the market.
See full Chowly company page
