Checkfront Closes $9.3M Series A Round to Fuel Growth of Its Booking Management Platform for Tour and Activity Operators

Funding Rounds

Summary

Checkfront announces the closing of its Series A round of financing, with plans to accelerate the product roadmap, expand the team, and continue providing world-class customer support. VICTORIA, March 9, 2020 /CNW/ - Checkfront, the worlds leading independent booking management platform for travel experiences, today announced the closing of a $9.3M Series A investment round. " Checkfront will use this round of financing to accelerate new product development, invest in talent acquisition, expand sales and marketing efforts, and drive further innovation and growth through strategic partnerships. " Checkfront Inc is a unified booking management platform that allows tour and activity operators to accept reservations, process payments, track customers, sign waivers and documents, and simplify complex pricing, seasonality, and inventory requirements. Led by co-founders and partners, Peter Misek and Andrew Lugsdin, who combined bring more than 35 years of domestic and international VC experience, Framework Venture Partners invests in Canadian business-to-business SaaS companies with a focus on companies reimagining the consumption and delivery of financial services or are developing embedded artificial intelligence solutions that apply machine learning to large industry specific datasets.

$ Funding

$
Amount $9.3M Total raised
Date March 9, 2020 Announcement date
Investors PenderFund Capital Management, Conconi Growth Partners, Royal Bank of Canada Lead investors
Company http://www.checkfront.com Funded company

Classifications

industries
Fintech & Banking
applications
E-Commerce & Retail

AskAI Classifications

Labels
SaaS Booking Software Travel Technology

Linked Companies

Checkfront
$10M to $25M