Checkmate Announces $5 Million Seed Funding Round, Led by Fuel Capital
Summary
SAN FRANCISCO--(BUSINESS WIRE)--Checkmate, a personalized smart shopping tool that makes it easy for users to discover brands, apply savings and manage their orders post-purchase, today announced it has secured a $5 million seed funding round led by Fuel Capital. Were highly confident in the Checkmate team and are excited to support the company as it continues to provide significant value to brands and marketing teams.Other participants in the funding round include Liquid 2 Ventures (founded by NFL Hall of Famer Joe Montana), Wischoff Ventures, Exits Capital, Night Capital, Ancestry CEO Deborah Liu, Firstbase CEO Chris Herd and XMTP Co-Founder and President Shane Mac.Checkmates convenient dashboard also stores and manages users gift cards and tracks all their orders, so they can see exactly when their packages will arrive at their doorstep. Checkmate will then create a new email address on the back end and sign it up to the top 100 retail and brand mailing lists, so users can collect thousands of personalized deals without having their own inbox filled with offers. Available as both a mobile app/extension and laptop extension, Checkmate offers an innovative technology platform that finds the best deals from users email inboxes and across the web and automatically applies them at checkout. For retailers and brands, Checkmate functions as a powerful conversion engine that also helps businesses reach new audiences and build long-term customer relationships.
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