Checkmate Raises $10 Million in Sequence B Funding Led by Tiger Global to Scale the Adoption of its Restaurant Converse AI and Kiosk Options
Investment alerts speedily yelp in AI-powered ordering and self-provider skills, fueling the following wave of restaurant innovation
Recent York, NY (RestaurantNews.com) Checkmate, a leading provider of unified ordering solutions for project sharp locations, on the present time announced that it secured $10 million in Sequence B funding, led by Tiger Global. The spherical will enable Checkmate to hurry up the adoption of its tell AI and kiosk technologies across the commerce and mumble the customized journey brands need. Checkmate has already developed world-class journey in integrating digital orders into restaurant level-of-sale (POS) systems. This foundation serves as a severe assist in getting into these current enterprise segments.
Checkmate gives handiest-in-class cell phone ordering and power-via AI solutions to a pair of the country’s biggest brands, all seamlessly constructed-in with their POS. The core enterprise is worthwhile, and this extra spherical used to be raised essentially to converse these step forward technologies to mid-market and project brands.
“With this investment, we’re doubling down on our construction of the technologies which will be serving to sharp locations scale their operations, grow digital earnings, and strengthen effectivity,” acknowledged Vishal Agarwal, Founder and CEO of Checkmate. “We’re on the forefront of bringing tell AI to the restaurant space, given our existing network of buyers and POS integrations. With Tiger Global’s give a enhance to, we can continue leading the rate in transforming the restaurant journey.”
Securing Checkmate’s Sequence B spherical underscores the corporate’s ability to produce skills to restaurant brands at scale efficiently. With restaurant brands below tension to meet the calls for of digital-savvy customers, Checkmate empowers enterprises to originate uncommon ordering experiences, recapture lost earnings, and stop earlier than market trends. The company’s solutions offer an unparalleled level of customization and suppleness, ensuring sharp locations are ready for whatever the future holds.
About Checkmate
Checkmate empowers project restaurant brands with noteworthy ordering solutions and fingers-on give a enhance to. The tag’s scalable skills enables sharp locations to power sales across channels, together with customized internet sites, apps, kiosks, catering, third-occasion marketplaces, tell AI and more. With seamless integrations, smarter analytics, and 24/7 provider, Checkmate helps brands triumph over their digital targets. Restaurants can originate uncommon ordering experiences, centrally put together menus, recapture earnings, leverage customer knowledge, and continuously adapt with current integrations. Irrespective of the formulation you prefer to grow, Checkmate has the tools and steering to strength, put together, and evolve your digital enterprise. Be taught more at ItsaCheckmate.com.
About Tiger Global
Based mostly in 2001, Tiger Global Management, LLC (“Tiger Global”) is a Recent York-essentially essentially based investment company pursuing a lengthy-term come to investing in leading, global public and non-public companies that leverage technological innovation. Tiger Global’s public equity enterprise comprises essentially oriented lengthy/short, lengthy-focused and crossover suggestions, concentrated on investments in fine quality, public yelp companies. The non-public equity enterprise invests in early via gradual stage companies that pursue modern approaches to current and existing industries, building on over two decades of journey investing in a total bunch of companies in bigger than 30 countries with bigger than 90 portfolio company IPOs. With a solid observe describe investing across sectors and levels, Tiger Global aims to be a draw accomplice to companies and their administration groups across their lifecycle in public and non-public markets. The Firm’s mission is to generate world-class returns for its buyers and to achieve so in one device that makes its workers, companions and portfolio companies proud.
Contact:
Betsy DeMik
Champion
972-930-9933
bdemik@championmgt.com
- Extra from Checkmate