Chowly is raising $5.8 million to help restaurants manage on-demand delivery orders – TechCrunch

Startups


Chowly, a point-of-sale system for restaurants, has raised nearly $4.7 million, according to an SEC filing. The company is targeting a total raise of $5.8 million.

The round is led by MATH Venture Partners with participation from Valor Equity, Chicago Ventures, Hyde Park Venture Partners and others. Chowly had previously raised just $700,000 from MATH Venture Partners, Domenick Montanile and others.

Chowly aims to help restaurants better manage the influx of delivery orders they receive from a variety of services, such as Grubhub, Delivery.com and Chownow.

In May, Square launched a point-of-sale system for restaurants that integrates on-demand delivery platform Caviar. Down the road, Square said it envisions third-party applications from companies like Postmates, UberEats and DoorDash.



Source link

Products You May Like

Articles You May Like

Pivotal announces new serverless framework – TechCrunch
Payment service Toss becomes Korea’s newest unicorn after raising $80M – TechCrunch
Google+ is getting the ax early (Alphabet City)
Tencent Music sued by investor ahead of $1.2 billion US IPO – TechCrunch
Hardware Club closes its $50 million fund – TechCrunch

Leave a Reply

Your email address will not be published. Required fields are marked *