About Chowly
Chowly is a company based in Chicago (United States) founded in 2015 by Justin McNally and Sterling Douglass.. Chowly has raised $11.9 million across 4 funding rounds from investors including MATH Venture Partners, Chicago Ventures and Hyde Park Venture Partners. The company has 113 employees as of December 31, 2022. Chowly has completed 2 acquisitions, including Koala and Targetable. Chowly offers products and services including Website Builder, 1st Party Online Ordering, Google Business Profile Integration, 3rd Party Marketplace Integration, and Email Marketing. Chowly operates in a competitive market with competitors including Toast, SpotOn, Tillster, Olo and Revel Systems, among others.
- Headquarter Chicago, United States
- Employees 113 as on 31 Dec, 2022
- Founders Justin McNally, Sterling Douglass
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.9 M (USD)
in 4 rounds
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Latest Funding Round
$5.8 M (USD), Series A
Sep 21, 2018
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Investors
MATH Venture Partners
& 5 more
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Employee Count
113
as on Dec 31, 2022
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Investments & Acquisitions
Koala
& 1 more
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Products & Services of Chowly
Chowly offers a comprehensive portfolio of products and services, including Website Builder, 1st Party Online Ordering, Google Business Profile Integration, 3rd Party Marketplace Integration, and Email Marketing. 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.
Tool for creating SEO-optimized restaurant websites and direct ordering.
System for handling direct customer orders through restaurant platforms.
Service to enhance restaurant visibility via Google profiles and ads.
Platform for consolidating delivery orders from external marketplaces.
Tool for sending targeted email campaigns to restaurant customers.
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Funding Insights of Chowly
Chowly has successfully raised a total of $11.9M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5.8 million completed in September 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 Funding
- Total Rounds 4
- Last Round Series A — $5.8M
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First Round
First Round
(06 Dec 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series A - Chowly | Valuation | MATH Venture Partners | |
| Jul, 2018 | Amount | Series A - Chowly | Valuation |
investors |
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| Jan, 2017 | Amount | Seed - Chowly | Valuation | Hyde Park Venture Partners |
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| 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 Chowly
Chowly has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include MATH Venture Partners, Chicago Ventures and Hyde Park Venture 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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Early-stage tech startups are invested in across US and Canada.
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Founded Year | Domain | Location | |
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VC firm investing in seed stage tech companies in the US
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested in Midwest technology startups.
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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 Chowly
Chowly has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Koala and Targetable. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Customized digital ordering platforms are provided for restaurants.
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2017 | ||||
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Virtual and outdoor advertising services are provided by the agency.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Chowly
| 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 |
Chowly Comparisons
Competitors of Chowly
Chowly 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 Toast, SpotOn, Tillster, Olo and Revel Systems, 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 |
Restaurant operations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
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| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
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| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Cloud-based point-of-sale solutions are offered for restaurants and bars.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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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 Chowly
Frequently Asked Questions about Chowly
When was Chowly founded?
Chowly was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Chowly located?
Chowly is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Chowly?
Sterling Douglass is the current CEO of Chowly. They have also founded this company.
Is Chowly a funded company?
Chowly is a funded company, having raised a total of $11.9M across 4 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on Dec 06, 2016.
How many employees does Chowly have?
As of Dec 31, 2022, the latest employee count at Chowly is 113.
What does Chowly do?
Chowly was founded in 2015 in Chicago, United States, within the restaurant technology sector. A software solution is provided to connect third-party online ordering platforms, such as DoorDash, Grubhub, Postmates, and Uber Eats, with restaurant point-of-sale systems. Menu updates are facilitated across these platforms. Operations focus on streamlining digital ordering processes for food service businesses.
Who are the top competitors of Chowly?
Chowly's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does Chowly offer?
Chowly offers Website Builder, 1st Party Online Ordering, Google Business Profile Integration, 3rd Party Marketplace Integration, and Email Marketing.
How many acquisitions has Chowly made?
Chowly has made 2 acquisitions, including Koala, and Targetable.
Who are Chowly's investors?
Chowly has 6 investors. Key investors include MATH Venture Partners, Chicago Ventures, Hyde Park Venture Partners, M25, and Valor Equity Partners.