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

Canon and Nikon are reportedly both planning full-frame mirrorless cameras this year – TechCrunch
UK’s Information Commissioner will fine Facebook the maximum £500K over Cambridge Analytica breach – TechCrunch
Honey Smacks Linked to Salmonella Outbreak Still on Store Shelves, FDA Says
See the South Pole Message That Alerted Astronomers to the Cosmic-Ray-Spewing Blazar
2018 Buick Regal GS: 5 things to know

Leave a Reply

Your email address will not be published.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