Chowly, a point-of-sale system for , has raised nearly $4.7 , according to an SEC filing. The company is targeting a total raise of $5.8 million.

The round is led by MATH Venture Partners with participation from Valor Equity, Chicago Ventures, Hyde Park Venture Partners and others.  had previously raised just $700,000 from MATH Venture Partners, Domenick Montanile and others.

Chowly aims to help restaurants better the influx of they receive from a variety of services, such as Grubhub, .com and Chownow.

In May, Square launched a point-of-sale system for restaurants that integrates on-demand delivery platform Caviar. Down the road, Square said it envisions third-party applications from companies like Postmates, UberEats and DoorDash.



Source link https://.com/2018/07/13/chowly-is--5-8-million-to-help-restaurants-manage-on-demand-delivery-orders/

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