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

Startups
# Preview Product Rating Price
1 Redmi 6A (Black, 16 GB) Redmi 6A (Black, 16 GB) No ratings yet ₹ 5,999
2 Redmi 6A (Rose Gold, 16 GB) Redmi 6A (Rose Gold, 16 GB) No ratings yet ₹ 5,999
3 Redmi 6 Pro (Black, 64GB) Redmi 6 Pro (Black, 64GB) ₹ 12,999


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

Articles You May Like

The 3:59, Ep. 460
New iPhones and new Apple Watch compared to last year’s models

Leave a Reply

Your email address will not be published.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