Cheq, Lifestyle Technology, Inc., a Kirkland, WA-based provider of a mobile payments platform for the restaurant and hospitality industry, raised $8m in Seed funding.
The round was led by WestRiver Group with participation from Harvard’s Yard Ventures, and Flamingo Capital.
The company intends to use the funds to onboard more venues, allowing users to send food and drinks to each other at a variety of restaurants, bars, hotels, and stadiums in key markets around the country.
Led by CEO Thomas Lapham, Cheq is a social payments platform, connecting consumers and businesses to create in-person experiences. Its universal ordering and payment app can be used by any restaurant, café, bar, or stadium to make transactions. Users can even send food and drinks directly to their friends from anywhere in the world.
To date, the company has signed agreements with the Miami Marlins, Miami Dolphins, Washington Commanders, Tennessee Titans, and University of Washington Huskies.
FinSMEs
21/09/2022