Cheddar Up

Cheddar Up, Inc.Cheddar Up, Inc. was founded in 2012 in Englewood, US, providing a solution for effective group financial management. The firm has undergone no significant pivots and has no known parent or subsidiary relationships. The founders include Molly DiCarlo, Nichole Montoya, and Shad Auerbach, with Lindsey Swift serving as the CEO.Cheddar Up provides a comprehensive platform designed to facilitate the collection of payments, forms, and sign-ups for various groups, including non-profits, schools, and community organizations. The core offerings enable users to create customized collection pages that integrate payment processing with essential data collection functionalities, such as membership fees, event registrations, and fundraising initiatives. Customers can easily set up a collection page by adding items and form fields, generating a shareable link for participants to make payments seamlessly. This solution addresses the challenges of managing group finances and data collection without the need for additional paperwork.Cheddar Up generates revenue primarily through transaction fees associated with the payment processing of its customers' collections. Users can create free accounts to begin collecting payments, with the platform allowing for unlimited transaction processing. However, fees may apply to certain transactions, particularly for fundraising or ticket sales. Operating on a business-to-consumer model, individual users or organizations utilize the service directly for their financial needs. Initiatives include the design and launch of new features aimed at enhancing the user experience, with specific target markets for expansion yet to be detailed.

1. Seed

   Apr 9, 2015

   Amount

   $0.7M

   Investors

   Locked

2. Seed

   Nov 24, 2014

   Amount

   Undisclosed

   Investors

   Locked