Tour and activity software platform Checkfront has secured its first major investment - bringing in CA$9.3 million in a Series A round.
The Canada-based company, which this year celebrates a decade of operations since its creation, received the round in a deal led by Framework Venture Partners.
PenderFund Capital Management and Conconi Growth Partners also participated in the investment.
Previous, much smaller rounds came in at CA$800,000 and CA$475,000 in November 2016 and March 2015 respectively.
Since it was launched in 2010 by founders Grant Jurgeneit and Morehouse, Checkfront has grown to become the largest independent global booking platform, with more than 5,000 customers in over 120 countries, and $5.5 billion in online bookings processed. The platform has integrations with Square, Tripadvisor, Expedia, and Quickbooks, among others.
Read Original Article
