What is ChowNow?
ChowNow is a technology company dedicated to empowering restaurants to thrive by focusing on their core strengths: food quality and customer service. Recognizing that restaurants excel when they can concentrate on their offline operations, ChowNow bridges the gap between the digital demands of modern consumers and the operational realities of eateries. The company provides easy-to-implement online ordering solutions, enabling restaurants to establish and maintain direct relationships with their clientele. As technology platforms evolve, ChowNow commits to equipping its restaurant partners with the tools necessary to remain competitive in an increasingly digital marketplace, ensuring they can manage their online presence effectively without compromising their culinary and service excellence.
How much funding has ChowNow raised?
ChowNow has raised a total of $66.1M across 8 funding rounds:
Private Equity
$2.5M
Private Equity
$1.2M
Private Equity
$708K
Private Equity
$10M
Private Equity
$5.3M
Series A
$5.4M
Series B
$20M
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, Karlin Ventures, and Upfront 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
3L Capital
3L Capital is a growth equity firm that partners with visionary entrepreneurs to fuel companies' growth and innovation, particularly in technology and healthcare sectors.
Catalyst Investors
Catalyst Investors is a New York-based growth equity firm specializing in scaling B2B companies, providing strategic, tactical, and financial support to entrepreneurs.
Upfront Ventures
Upfront Ventures is a Los Angeles-based venture capital firm that invests in technology businesses, with a focus on digital media, SaaS, consumer internet, and retail innovation.
What's next for ChowNow?
With its latest strategic investment, ChowNow is poised for accelerated growth and innovation in the restaurant technology space. The company's focus on enabling direct customer relationships for restaurants positions it favorably to capitalize on the ongoing digital transformation within the food service industry. Future developments are likely to center on enhancing its platform's capabilities, expanding its market reach, and further solidifying its partnerships with a diverse range of dining establishments. This capital infusion will support strategic initiatives aimed at strengthening ChowNow's competitive advantage and driving continued success for its clients.
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