Cheddar

New York, United States Founded: 2016 • Age: 10 yrs Acquired By Archetype
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About Cheddar

Cheddar is a company based in New York (United States) founded in 2016 was acquired by Archetype in December 2023. It operates as a Advertising Model. Cheddar has raised $57.52 million across 5 funding rounds from investors including Amazon, AT&T and Goldman Sachs. The company has 3,777 employees as of December 31, 2022. Cheddar has completed 4 acquisitions, including Need2Know, Rate My Professors and Stockstream. Cheddar offers products and services including Cheddar News.

  • Headquarter New York, United States
  • Employees 3777 as on 31 Dec, 2022
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cheddar's Casual Cafe, Inc.
Operational Areas
Media & Entertainment → Digital Media, Publishing & Broadcasting
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $57.52 M (USD)

    in 5 rounds

  • Latest Funding Round
    $22.52 M (USD), Series D

    Mar 19, 2018

  • Investors
    Amazon

    & 19 more

  • Employee Count
    3777

    as on Dec 31, 2022

  • Investments & Acquisitions
    Need2Know

    & 3 more

  • Acquired by
    Archetype

    & 1 more

    (Dec 29, 2023)

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Products & Services of Cheddar

Cheddar offers a comprehensive portfolio of products and services, including Cheddar News. 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.

Primary

News content is delivered across business and technology.

People of Cheddar
Headcount 5000-10000
Employee Profiles 29
Employee Profiles
People
Luciano Ramos
Evp, Chief Product & Technology Officer
People
Chris Stevens
VP Product Security
People
Dennis Mathew
Chairman and Chief Executive Officer
People
Nate Edwards
Executive Vice President, Network Services and Business Transformation

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Funding Insights of Cheddar

Cheddar has successfully raised a total of $57.52M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $22.52 million completed in March 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series D — $22.5M
  • First Round

    (04 Feb 2016)

  • Investors Count 18
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2018 Amount Series D - Cheddar Valuation Raine Ventures
May, 2017 Amount Series C - Cheddar Valuation Raine
Sep, 2016 Amount Series B - Cheddar Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cheddar

Cheddar has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Amazon, AT&T and Goldman Sachs. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
Venture capital firm investing in growth-stage startups
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cheddar

Cheddar has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Need2Know, Rate My Professors and Stockstream. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
App-based cashback and reward management solutions
2020
Official website of stock market game
2017
Multi-category news is delivered through an online platform.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cheddar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cheddar Comparisons

Employees
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Competitors of Cheddar

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cheddar

Frequently Asked Questions about Cheddar

When was Cheddar founded?

Cheddar was founded in 2016.

Where is Cheddar located?

Cheddar is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Cheddar a funded company?

Cheddar is a funded company, having raised a total of $57.52M across 5 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Feb 04, 2016.

How many employees does Cheddar have?

As of Dec 31, 2022, the latest employee count at Cheddar is 3,777.

What does Cheddar do?

Cheddar is operated as a digital-first news network focusing on business, technology, politics, and innovation. Content is delivered through various shows and newsletters covering sectors like private equity, AI advancements, and cybersecurity. Updates on market trends, corporate acquisitions, and global economic policies are provided regularly. The platform is designed to inform audiences about emerging technologies and business developments through video content and featured stories.

What products or services does Cheddar offer?

Cheddar offers Cheddar News.

How many acquisitions has Cheddar made?

Cheddar has made 4 acquisitions, including Need2Know, Rate My Professors, and Stockstream.

Who are Cheddar's investors?

Cheddar has 20 investors. Key investors include Amazon, AT&T, Goldman Sachs, Altice USA, and NYSE.

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