How Much Did ChowNow Raise?
Funding & Key Investors

ChowNow has successfully navigated the competitive landscape of restaurant technology, securing a total of $66.1M in capital to date. The company's most recent strategic investment, totaling $21M, underscores its pivotal role in digitizing the hospitality sector. By facilitating a seamless transition for local eateries into the digital marketplace, ChowNow continues to attract significant backing from institutional investors focused on high-growth SaaS and consumer internet platforms.

This latest infusion of capital serves as a testament to the firm's enduring value proposition in an increasingly tech-centric food service industry. As the company scales, it remains committed to its core mission of empowering restaurants to maintain direct, profitable relationships with their customer base, effectively bypassing the limitations of third-party delivery aggregators.

What is ChowNow?

ChowNow
SoftwareCustomer Engagement PlatformsMobile App Development

ChowNow operates as a specialized digital infrastructure provider for the restaurant industry, designed to bridge the gap between traditional offline service and the modern demand for online convenience. By offering a suite of white-label ordering tools, the platform enables restaurants to manage their own digital storefronts, thereby retaining control over customer data and brand identity. In a market often dominated by massive, commission-heavy delivery marketplaces, ChowNow positions itself as a strategic partner that prioritizes the restaurant's operational autonomy and long-term profitability. The company's technology stack is engineered to integrate into existing workflows, ensuring that kitchen staff and front-of-house teams can focus on culinary quality while the software handles the complexities of digital engagement and transaction processing.

How much funding has ChowNow raised?

ChowNow has raised a total of $66.1M across 8 funding rounds:

2012

Private Equity

$2.5M

2013

Private Equity

$1.2M

Private Equity

$708K

2015

Private Equity

$10M

Private Equity

$5.3M

2016

Series A

$5.4M

2017

Series B

$20M

2019

Series C

$21M

Private Equity (2012): $2.5M, investors not publicly disclosed

Private Equity (2013): $1.2M led by Upfront Ventures

Private Equity (2013): $708K supported by Upfront Ventures

Private Equity (2015): $10M featuring Raymond James, Upfront Ventures, and Karlin Ventures

Private Equity (2015): $5.3M, investors not publicly disclosed

Series A (2016): $5.4M, investors not publicly disclosed

Series B (2017): $20M led by Catalyst Investors

Series C (2019): $21M supported by 3L Capital and Catalyst Investors

Key Investors in ChowNow

Upfront Ventures

Upfront Ventures is a Los Angeles-based venture capital firm that focuses on investing in technology businesses, including digital media, SaaS, and retail innovation.

Raymond James

Raymond James Financial is a diversified financial services company providing investment advisory, capital markets, and banking services to corporations and institutions.

Karlin Ventures

Karlin is a high-tech real estate and investment firm that specializes in creating innovative spaces and supporting leading-edge brands in the technology and R&D sectors.

What's next for ChowNow?

With the support of its latest financing, ChowNow is well-positioned to accelerate its product roadmap and expand its market footprint. The strategic focus will likely center on enhancing the platform's data analytics capabilities and deepening integration with emerging consumer touchpoints. By leveraging this capital, the company aims to solidify its status as an essential utility for independent and multi-unit restaurant operators alike. Future growth initiatives are expected to prioritize the development of sophisticated loyalty programs and automated marketing tools, further insulating restaurant clients from the volatility of third-party platforms and ensuring sustainable revenue growth in the evolving digital economy.

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Frequently Asked Questions Regarding ChowNow Financial Insights

What are the most recent funding rounds that ChowNow has completed, and what were the funding rounds?
ChowNow has recently completed 3 funding rounds: Series C on May 8, 2019, Series B on Oct 23, 2017, Series A on May 25, 2016.
What is the total amount of funding ChowNow has raised to date?
ChowNow has raised a total of $66.1M in funding to date.
How many funding rounds has ChowNow completed?
ChowNow has completed 3 funding rounds.
How much funding did ChowNow raise in its most recent funding round?
ChowNow raised $21M in its most recent funding round.
Who are the lead investors in ChowNow's latest funding round?
The lead investor in ChowNow's latest funding round was 3L Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ChowNow's history?
The largest funding round in ChowNow's history was $21M.
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