Checkfront Raises $1 Million Seed Round
Checkfront has rasied a seed round.
The round, worth $1 million, was led by Rasool Rayani of Metalogix and includes “a local group of angel investors and entrepreneurs.”
Based in Victoria, Checkfront’s goal is to take the hassle out of managing bookings and reservations online.
“Customers who come to us have usually reached the point where using outdated software or pen and paper bookings is hurting their business,” says Jason Morehouse, cofounder. “Overbookings, high administration and lost sales is a big pain point for operators—that means they can’t focus on running their business.”
Founded in 2010, the Canadian startup is now a team of 20 and processed $400 million in online bookings annually, with over 2,000 paying businesses accepting bookings online in 80 countries.
“Checkfront has made great progress establishing their leadership in an underserved market,” said Rayani.
The round of funding “will be used to further our customer-centric approach to building and selling our online booking solution,” according to cofounder Grant Jurgeneit.