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Venture Capital News: ChowNow Raises $10M

LOS ANGELES, CA, Branded online ordering and marketing platform for restaurants, announces $10 million in financing.
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ChowNow, the branded online ordering and marketing platform for restaurants, announces $10 million in financing and the hire of two key executives. The round was led by Upfront Ventures, with additional participation from Steadfast Venture Capital, Daher Capital, and Karlin Ventures. ChowNow will use the funds to accelerate growth and launch new products.

ChowNow welcomes Nick Kellermeyer, a former executive at GrubHub and Arpan Jhaveri, a former senior leader at Yodle, as Vice President of Sales and Vice President of Product & Marketing, respectively. Since joining, Nick has grown the sales team from five to twenty-five sales representatives and plans to continue hiring throughout the year. ChowNow also hired Emily Neudorf, previously at Groupon, as Product and Content Marketing Manager.

'ChowNow's ability to hire top talent from companies with deep SMB experience speaks to our tremendous potential,' said CEO and Co-Founder Chris Webb. 'Each brings a unique skill set to the team and we're eager to continue evolving the company with their expertise.'

Following recent integrations with Apple Pay, Yelp, and Google, ChowNow plans to roll out a new catering product and several enhancements to its core offering in the coming months. 'We're on track to process $100M+ in orders this year, up from $25M in 2014.' said Jhaveri. 'The team is working tirelessly to build and deliver a product suite that surpasses our restaurant clients' expectations and delights their customers. It's going to be a big year ahead.'

About ChowNow
ChowNow is an online ordering and marketing platform that makes it easy for restaurants to take orders from their website, Facebook page, and through branded iOS and Android apps. ChowNow currently serves thousands of restaurants in the U.S. and Canada, and boasts a client list that includes chef-driven concepts, regional chains, independent restaurants, and the U.S. Navy.
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