About Checkers Drive-In
Checkers Drive-In is a company based in Atlanta (United States) founded in 1986 was acquired by Oak Hill in March 2017.. Checkers Drive-In offers products and services including Burgers, Fries, Wings, Cola, and Combo Meals. Checkers Drive-In operates in a competitive market with competitors including McDonald's, Wendy's International, Arby's, Five Guys Enterprises and Red Robin, among others.
- Headquarter Atlanta, United States
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Checkers Drive-In Restaurants, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$201.5 M (USD), Debt – Conventional
Jun 01, 2016
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Investors
NewStar Financial
& 3 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Checkers Drive-In
Checkers Drive-In offers a comprehensive portfolio of products and services, including Burgers, Fries, Wings, Cola, and Combo Meals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Grilled or fried beef patties served in buns
Crispy fried potato strips as a popular side
Fried chicken wings with various flavors
Carbonated soft drink for refreshment
Packaged sets of food and drinks for value
Funding Insights of Checkers Drive-In
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $201.5M
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First Round
First Round
(01 Jun 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Debt – Conventional - Checkers Drive-In | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Checkers Drive-In
Checkers Drive-In has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include NewStar Financial, Oak Hill and Sentinel Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Mid market focused private equity firm
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Founded Year | Domain | Location | |
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Private equity and capital solutions are offered by Sentinel.
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Founded Year | Domain | Location | |
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Financial services are provided by NewStar Financial in Boston.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Checkers Drive-In
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Checkers Drive-In
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Checkers Drive-In Comparisons
Competitors of Checkers Drive-In
Checkers Drive-In operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as McDonald's, Wendy's International, Arby's, Five Guys Enterprises and Red Robin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fast food chain known for burgers and fries globally.
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| domain | founded_year | HQ Location |
Fast food chains are operated globally by Wendy's International.
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| domain | founded_year | HQ Location |
Operator of a fast-food restaurant chain specializing in sandwiches
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| domain | founded_year | HQ Location |
Restaurant chain selling hand crafted hamburgers
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| domain | founded_year | HQ Location |
Burgers are served by Red Robin, a limited-service food chain.
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| domain | founded_year | HQ Location |
Chains of restaurants are operated to serve burgers and shakes.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Checkers Drive-In
Frequently Asked Questions about Checkers Drive-In
When was Checkers Drive-In founded?
Checkers Drive-In was founded in 1986 and raised its 1st funding round 30 years after it was founded.
Where is Checkers Drive-In located?
Checkers Drive-In is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
What does Checkers Drive-In do?
Checkers Drive-In Restaurants, Inc. was established in 1986 and is headquartered in Tampa, Florida. A network of drive-in outlets is managed across the United States, focusing on quick-service meals like fried chicken, fish, hot dogs, desserts, beverages, and childrens options. Franchise support is offered to operators. By 2019, 784 sites operated in 24 states under Checkers and Rallys brands.
Who are the top competitors of Checkers Drive-In?
Checkers Drive-In's top competitors include Wendy's International, Five Guys Enterprises and McDonald's.
What products or services does Checkers Drive-In offer?
Checkers Drive-In offers Burgers, Fries, Wings, Cola, and Combo Meals.
Who are Checkers Drive-In's investors?
Checkers Drive-In has 4 investors. Key investors include NewStar Financial, Oak Hill, Sentinel Capital Partners, and Revelar Capital.
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