Cheddar Up

paymentsbill payments

FOUNDING YEAR: 2012
LOCATION: United States
Last Update: 10/07/2020

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About

Cheddar Up is a way to collect and track online payments from a group. Its initial laser focus is on schools and moms who are still primarily handling these type of group transactions with checks and paper forms.

Focus

PRODUCTS & SERVICES

Money Settelment App Cheddar Up allows users to PAY and COLLECT online with the built-in ability to TRACK and manage group payments.

REVENUE MODEL

The service includes a credit card processing fee of 2.9% plus $0.30 per transaction, which is fairly standard, and Cheddar Up takes a percentage of that to generate revenue.

MAIN CLIENTS

Online retail customers

Traction

VALUATION / MARKET CAP:

$4.83 M in 2015

People

FOUNDERS

Nichole Montoya

Molly DiCarlo

BOARD MEMBERS AND ADVISORS

Antoine Toffa

Art Zeile

Fran Maier

NUMBER OF EMPLOYEES

1-10

INVESTORS:

500 Startups

Adam George

Baird Kleinsmith

Bala Kamallakharan

Barney Schauble

Basil Sabbah

FG Angels

Foundry Group

Kickstart

Stout Street Capital

Zillionize Angel

Momentum

FUNDED

YES

TOTAL FUNDING

$2.23 M

DATE OF LAST FUNDING

Nov 2017

SEED & PRIOR FUNDING

$725 K

SEED CLOSED ON

Apr 2015

FUNDING SERIES

OTHERS  · $1.5 M · Nov 2017

LISTED

NO

Innovation Programs

BASICS

FOUNDING YEAR:

2012

LOCATION:

United States

Views:

110 VISITORS | 221 VIEWS
LATEST FUNDING ROUND

$2.23 M

TOTAL EMPLOYEES
1-10

About

Cheddar Up is a way to collect and track online payments from a group. Its initial laser focus is on schools and moms who are still primarily handling these type of group transactions with checks and paper forms.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

Innovation Programs

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