Saturday, 14 July 2018

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

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.

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.

Chowly had previously raised just $700,000 from MATH Venture Partners, Domenick Montanile and others. I’ve reached out to Chowly and will update this story if I hear back.



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