US multi-brand restaurant company Inspire Brands has participated in online ordering solution provider ItsaCheckmate’s Series A financing round.
The investment details have not been disclosed. However, the deal makes Inspire Brands a strategic partner to ItsaCheckmate.
ItsaCheckmate offers end-to-end integration between the restaurant’s point-of-sale (POS) system and third-party delivery and ordering platforms.
As part of the preferred customer relationship between the two companies, ItsaCheckmate solution has been integrated into the POS systems of over 1,100 company and franchise Arby’s locations to date.
Inspire will also deploy the solution at Buffalo Wild Wings and SONIC Drive-in. The company is considering launching a pilot in the fourth quarter of this year.
Inspire Brands co-founder and CEO Paul Brown said: “The adoption of digital channels in the restaurant industry has rapidly accelerated over the past few months, and we see consumer demand for online ordering only continuing to grow.
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By GlobalData“ItsaCheckmate is an industry-leading solution to seamlessly integrate multiple online ordering platforms, expand guest access to our restaurants while decreasing complexity for team members.”
The solution is designed to automatically confirm orders from delivery platforms and systematically enter them into POS systems.
It helps restaurants to prepare food faster, reduce labour spent on manually entering orders and streamline accounting.
ItsaCheckmate founder and CEO Vishal Agarwal said: “Inspire has built a portfolio of iconic brands and is a fantastic strategic partner to help rapidly expand our platform to their locations worldwide.
“ItsaCheckmate prides itself in providing a solution that blends both service and technology. This is an exciting moment for our company, and we are proud to partner with Inspire to meet guest demand for digital ordering.”
Last month, Onosys announced a partnership for the integration of its ordering platform across more than 40 POS systems through the ItsaCheckmate network.