# Cheqout Payments

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cheqout-payments

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.cheqout.com
- Latest round: Seed (Mar 29, 2021)
- Investors on record: 1

## About

Based in California, US, and founded by Jamie Sunderland (CEO) in 2020, Cheqout Payments, Inc operates as a financial technology company offering a mobile ordering and payments platform. The firm is backed by Y Combinator. As of July 2023, Cheqout’s application is used by over 150 restaurants and hotels for thousands of orders every week with more than USD 1.5 million processed each month including USD 600 thousand in tips.

The company offers a mobile application providing QR code ordering and payment solutions for local businesses focused on hotels and restaurants. The company through its platform enables restaurant owners to streamline the ordering and payment process. Additionally, Cheqout's product allows restaurant guests to use their own devices to browse the menu, place orders, and make payments. Alternatively, staff members can also take orders from their devices or manage tabs started by guests where orders from the same table are aggregated into single tickets, preventing kitchen overload. The staff app also provides real-time user and end-of-day reporting for visibility and control over the floor for managers. The company’s application is available in Google Play and App Store. Cheqout also offers a hardware and network backup device that allows restaurant owners to create backup plans for when the wifi goes out, allowing them to connect with personal hotspots, etc.

## Funding rounds

- Seed, Mar 29, 2021 — Pioneer Fund

## Investors

- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed