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Chownow

Can a commission-free ordering platform become the indispensable digital operating layer for independent restaurants, capturing SaaS, payments, and marketing revenue without the margin-destroying commissions of large aggregators?

Founded2011
HQCulver City, CA, United States
FoundersChristopher Webb, Eric Jaffe
Total raised~$40M+
Latest roundSeries B, 2017
IndustryVertical SaaS / Restaurants
The story

Founded in 2011 as a commission-free alternative to marketplace aggregators like Grubhub, ChowNow built white-label ordering infrastructure for independent restaurants. The company expanded from a Facebook/mobile widget to a full-stack direct ordering platform with subscription SaaS revenue from restaurants plus transactional take on diner orders — both powered via Stripe Connect and Stripe Billing. In recent years it launched the 'Order Better Network' marketplace and 'Pro' product tier, deepening its position as an operating system for independent restaurants rather than a pure marketplace.

Last 12 months
Product timeline
2011
Founded by Christopher Webb and Eric Jaffe in Los Angeles as a commission-free online food ordering platform for independent restaurants.· pivot
2012
Platform launched publicly, offering restaurants branded ordering via Facebook, mobile apps, and website widgets.· banking
2013
Raised $3M seed round led by GRP Partners; built Facebook and mobile ordering integration.· pivot
2017
Raised $20M Series B led by Catalyst Investors; launched first branded consumer discovery mobile app.· acquisition
2022
Adopted Stripe Data Pipeline and Snowflake integration to unify payment data and unit economics analytics.· banking
The stack
1 layer disclosed in Chownow’s embedded-finance stack
Payments / PSP
Stripe ConnectStripe Billingstripe
Accounting gap: significant