Checkmate Raises $15M in Series A Funding

Checkmate, a Los Angeles, CA-based automated savings platform for modern online shopping, raised $15M in Series A funding.

The round was led by GV (Google Ventures), with support from Mantis VC (The Chainsmokers), Common Metal, BDuck Capital, Black Angels Group, Wischoff Ventures, Fuel Capital, Blackbird Ventures, F7 Ventures, Night Capital, Scribble Ventures, Paris Hilton, Cart Reum (M13 Ventures), Saurabh Gupta (Partner at DST Global), Tim Kendall (Meta & Pinterest), Jeff Boneforte (exGrindr & Yahoo), James Chin Moody and Geraldine Chin Moody (Sendle), Alex Zaccaria and Anthony Zaccaria (LinkTree), Trevor Neff (Ashton Kutchers Sound Ventures), Arthur Levy and Michael Tannenbaum (Brex).    

The company intends to use the funds to expand operations and its business reach.

Led by CEO Harry Dixon, Checkmate finds the best deals from an email and across the web and applies them at checkout. It also track all package shipments in a dashboard and store gift cards in a digital wallet. The phone app leverages the Safari Mobile Browser via an extension plugging into it to automatically provide users savings while they shop at 40,000 stores. Checkmate finds codes online, extracts codes from email, and partners exclusively with brands on new codes.

FinSMEs

25/05/2023