# Checkfront

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/checkfront

- Industry: Internet
- Headquarters: Victoria, Canada
- Website: www.checkfront.com
- Total disclosed funding: $7M
- Latest round: Series A (Oct 1, 2019)
- Investors on record: 4

## About

Checkfront, Inc. offers a sophisticated booking management platform that simplifies the reservation process for businesses in tourism and hospitality, enhancing customer engagement and operational efficiency.Founded in 2010 by Grant Jurgeneit and Jason Morehouse, Checkfront, Inc. specializes in providing booking management solutions. The company is headquartered in Victoria, Canada. It has completed a total of 3 deals, with its most recent being a Series A funding round on October 1, 2019, raising CAD 9.3 million, led by Framework Venture Partners and supported by investors including Conconi Growth Partners, Pender Ventures, and the Royal Bank of Canada. The total amount raised by Checkfront to date is CAD 9.3 million.Checkfront’s core offering is a comprehensive booking management software designed to streamline the reservation process for businesses in the tourism and hospitality sectors. The platform enables companies to handle various booking types, including daily and multi-day reservations, while providing features such as real-time availability calendars, email and text notifications, and customizable pricing structures. This software is utilized by a diverse clientele that includes tour operators, rental services, accommodation providers, and activity organizers, effectively addressing their needs for efficient resource management and operational simplification. Checkfront operates in multiple geographical markets, notably North America, Europe, and parts of Asia-Pacific, catering to businesses looking to enhance their online booking capabilities and improve customer engagement.Checkfront generates revenue primarily through a subscription-based pricing model, offering tiered plans tailored to the varying needs of its client base. The firm’s transactions involve direct partnerships with clients, including B2B relationships with tour operators and rental companies. Each subscription plan provides access to the core booking management features, while additional services such as payment processing, integrations with third-party applications, and customizable add-ons contribute to the revenue stream. The flagship product, Checkfront Payments, allows businesses to securely process transactions and manage deposits, enhancing cash flow for service providers. By facilitating seamless booking experiences and offering flexible payment options, Checkfront strengthens its position within the competitive landscape of booking software solutions.Following its most recent Series A funding round on October 1, 2019, in which Checkfront raised CAD 9.3 million, the company plans to allocate these funds towards product development and expanding its sales and marketing team. Checkfront is also focusing on entering new geographical markets, with specific plans for expansion in regions across Europe and Asia-Pacific in the upcoming years. This strategic approach aims to further enhance its market presence and cater to a broader audience in the booking management sector.

## Funding rounds

- Series A, Oct 1, 2019, $7M — Royal Bank of Canada, Pender Ventures, Conconi Growth Partners, Framework Venture Partners

## Investors

- Royal Bank of Canada — Series A
- Pender Ventures (https://capitalatlas.ai/funds/pender-ventures) — Series A
- Conconi Growth Partners (https://capitalatlas.ai/funds/conconi-growth-partners) — Series A
- Framework Venture Partners (https://capitalatlas.ai/funds/framework-venture-partners) — Series A