Checkfront has raised $800,000 has ended five years of self-funding since launch with a first capital-raising effort.
The Canada-based company, which creates cloud-based booking tools for tours and activity operations, vacation rentals and hotels, says the CAN $1,00,000 round was led by Rasool Rayani of Metalogix and a group of local entrepreneurs and investors.
CEO Jason Morehouse claims Checkfront is now processing around $350 million worth of online bookings annually, but will use the round to accelerate product development, expand its 20-head team and work creating new strategic partnerships.
The product currently integrates with a number of services including Xero, Stripe, Quickbooks, Mailchimp and Wordpress.
"Customers who come to us have usually reached the point where using outdated software or pen and paper bookings is hurting their business.
"Overbookings, high administration and lost sales is a big pain point for operators — that means they can’t focus on running their business. What gets us up in the morning is knowing we have a solution to help them."
Other individual investors include representatives from Hootsuite, Stocksy and Western Food.s