What is ChowNow?
ChowNow is a technology company dedicated to empowering restaurants by enabling them to focus on their core strengths: food quality and customer service. Recognizing that restaurants excel when operating offline, ChowNow bridges the gap between the online demands of consumers for convenience and the offline operational focus of eateries. The company provides easy-to-implement online ordering solutions that help restaurants establish and maintain direct relationships with their clientele. As technology platforms evolve, ChowNow aims to keep its restaurant partners competitive in the digital landscape, providing essential tools to navigate the tech-driven world.
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 Upfront Ventures, Raymond James, 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 Catalyst Investors and 3L Capital
Key Investors in ChowNow
Catalyst Investors
Catalyst Investors is a growth equity firm based in New York that actively supports B2B companies in scaling their operations. With over two decades of experience, they offer strategic, tactical, and financial assistance to entrepreneurs during critical growth periods, investing in diverse businesses including IT software and healthcare services.
Upfront Ventures
Upfront Ventures is a venture capital firm in Los Angeles that invests in technology businesses, with a focus on digital media, SaaS, consumer internet, and retail innovation, supporting startups and emerging companies.
Raymond James
Raymond James Financial is a diversified financial services company offering investment advisory, brokerage, asset management, capital markets, and banking services to individuals, corporations, and institutions, with a strong emphasis on wealth management.
What's next for ChowNow?
The recent major strategic investment signals a pivotal phase for ChowNow, likely indicating a move towards scaling operations, enhancing product development, and potentially expanding market reach. This capital infusion will enable the company to further refine its technology offerings and strengthen its value proposition for restaurants seeking to enhance their online presence and customer engagement. ChowNow's focus on maintaining direct customer relationships positions it well to capitalize on evolving consumer preferences for personalized and convenient dining experiences.
See full ChowNow company page
