• Tech News
    • Games
    • Pc & Laptop
    • Mobile Tech
    • Ar & Vr
    • Security
  • Startup
    • Fintech
  • Reviews
  • How To
What's Hot

Meet The Start-Up Founder Connecting Arrestees To Free Legal Support

February 8, 2023

PomaBrush review

February 8, 2023

OnePlus 11 review

February 7, 2023
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
    1. Games
    2. Pc & Laptop
    3. Mobile Tech
    4. Ar & Vr
    5. Security
    6. View All

    Bring Elden Ring to the table with the upcoming board game adaptation

    September 19, 2022

    ONI: Road to be the Mightiest Oni reveals its opening movie

    September 19, 2022

    GTA 6 images and footage allegedly leak

    September 19, 2022

    Wild west adventure Card Cowboy turns cards into weird and silly stories

    September 18, 2022

    7 Reasons Why You Should Study PHP Programming Language

    October 19, 2022

    Logitech MX Master 3S and MX Keys Combo for Business Gen 2 Review

    October 9, 2022

    Lenovo ThinkPad X1 Carbon Gen10 Review

    September 18, 2022

    Lenovo IdeaPad 5i Chromebook, 16-inch+120Hz

    September 3, 2022

    YouTube adds very convenient iPhone homescreen widgets

    October 15, 2022

    Google finishes iOS 16 Lock Screen widgets rollout w/ Maps

    October 14, 2022

    Is Apple actually turning iMessage into AIM or is this sketchy redesign rumor for laughs?

    October 14, 2022

    Samsung’s One UI 5 update is largely about personalization

    October 14, 2022

    MeetKai launches AI-powered metaverse, starting with a billboard in Times Square

    August 10, 2022

    The DeanBeat: RP1 simulates putting 4,000 people together in a single metaverse plaza

    August 10, 2022

    Improving the customer experience with virtual and augmented reality

    August 10, 2022

    Why the metaverse won’t fall to Clubhouse’s fate

    August 10, 2022

    How Apple privacy changes have forced social media marketing to evolve

    October 16, 2022

    Microsoft Patch Tuesday October Fixed 85 Vulnerabilities – Latest Hacking News

    October 16, 2022

    Decentralization and KYC compliance: Critical concepts in sovereign policy

    October 15, 2022

    What Thoma Bravo’s latest acquisition reveals about identity management

    October 14, 2022

    What is a Service Robot? The vision of an intelligent service application is possible.

    November 7, 2022

    Tom Brady just chucked another Microsoft Surface tablet

    September 18, 2022

    The best AIO coolers for your PC in 2022

    September 18, 2022

    YC’s Michael Seibel clarifies some misconceptions about the accelerator • DailyTech

    September 18, 2022
  • Startup
    • Fintech
  • Reviews
  • How To
Behind The ScreenBehind The Screen
Home»Startup»Seattle-area startup Cheq lands $8M for mobile ordering platform used in stadiums, restaurants – Startup
Startup

Seattle-area startup Cheq lands $8M for mobile ordering platform used in stadiums, restaurants – Startup

September 22, 2022No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Seattle-area startup Cheq lands $8M for mobile ordering platform used in stadiums, restaurants – GeekWire
Share
Facebook Twitter LinkedIn Pinterest Email
From left: Chief Revenue Officer Jake Stone; CTO Jim Castillo; Chief Business Officer Jonathan Macey; and CEO and co-founder Thomas Lapham. (Cheq Photo)

Editor’s note: The headline and story were updated to better reflect CHEQ’s business and technology.

Seattle-area startup Cheq Lifestyle Technology has raised $8 million to fuel growth of its mobile ordering and delivery platform that lets consumers get items delivered to their seat at sporting events and gift drinks to friends.

The company, founded last year, is being used in various sports stadiums and aims to help drive sales for vendors while shortening wait times for customers.

But Cheq’s primary target market is restaurants that can take advantage of a Venmo-like feature allowing customers to “gift” an item to another user, like sending a drink remotely for a birthday party.

The social gifting feature can also be used at a stadium — someone who is watching the game at home, for example, could buy a beer for a co-worker at the game.

Cheq is currently working with six sports organizations including the Miami Dolphins and the University of Washington. The company’s software is also used in traditional point-of-sale terminals and self-service kiosks at stadiums.

Cheq CEO Thomas Lapham said the software increases vendor sales by an average of 28% per order, and generates an average of $120 in tips per game per vendor.

Cheq also works with about 100 restaurants. Its app has more than 100,000 monthly active users.

Bringing ordering tech to stadiums and restaurants is not a new concept. In 2013, startups Bypass, SnagMobile and Yorder aimed to bring in-seat delivery to sports games. By 2015, however, two of those three startups were defunct, Fortune reported. The one exception, Bypass, became Clover Sport. The company currently sells its ordering hardware to the Miami Heat, Tampa Bay Buccaneers and the University of Alabama, among others.

See also  Building Thought Leadership? Nine Tips For Finding Speaking Engagements

Large players have also tried to crack stadium food ordering. Also in 2013, the New York Yankees partnered with Mastercard’s QkR to offer in-seat delivery in select zones. Postmates meanwhile partnered with the Los Angeles Dodgers and Yankees to allow pre-ordering.

Other companies are developing technology to improve the in-stadium experience. Amazon’s cashierless tech, for example, recently rolled out with the Seattle Seahawks and Seattle Mariners.

The CHEQ team. (CHEQ Photo)

In the restaurant space, Cheq faces off with established POS system providers like Square, Toast and Clover.

Lapham said Cheq will be able to differentiate itself because customers will be drawn to the app’s user experience and social aspects, while vendors will prefer the company’s subscription-based pricing model.

The 47-person company was founded by Lapham, a former CEO and board advisor of Asia Clean Capital, a solar panel developer in China. He is joined by CTO Jim Castillo, a former software engineering leader at OpenTable; Chief Revenue Officer Jake Stone, who previously worked as CRO at Independent Sports and Entertainment; and Chief Business Officer Jonathan Macey, a co-founder of a London-based startup that modified luxury cars called Evolotu.

The seed round comes after the company raised $5.4 million last year. It was led by WestRiver Group’s Technology Fund, with participation from Harvard’s Yard Ventures, among other investors. The company did not reveal its current valuation.



Source link

CHEQ lands mobile ordering platform restaurants Seattlearea stadiums Startup
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Meet The Start-Up Founder Connecting Arrestees To Free Legal Support

February 8, 2023

Seagen vets land $4.4M for Univ. of Washington spinout using fresh approach for cancer vaccines – Startup

February 7, 2023

Meet Bard, Google’s Answer to ChatGPT

February 7, 2023

Nine Tips For Accomplishing Your New Year’s Resolutions

February 7, 2023
Add A Comment

Comments are closed.

Editors Picks

Project Eve becomes Stellar Blade, new trailer

September 14, 2022

How emerging tech can protect your customers’ data privacy

July 8, 2022

Honkai: Star Rail’s latest trailer shows more of its cosy space train

September 4, 2022

EA announce that Skate can be free-to-play

July 15, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

Meet The Start-Up Founder Connecting Arrestees To Free Legal Support

PomaBrush review

OnePlus 11 review

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2023 behindthescreen.uk - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.