Chowly Announces Acquisition of a Guest Experience Platform | Season 8, Vol. 21

In the latest episode of Hospitality Hangout, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” chat with Sterling Douglass, Co-Founder & CEO of Chowly.

Douglass says “Chowly is a leading point-of-sale integration company. We're enabling restaurants to expand and maintain different off-premise capabilities. So you know today we're seamlessly integrating orders from all the biggest platforms. So, Grubhub Uber Eats, DoorDash, and when Google food ordering came out last year and we've got a couple of hundred other integrations on different platforms.” He adds, “We've got over 12,000 restaurants on our platform and they're increasing their revenue. They're improving their operational flow and they're saving on labor costs.”

The guys tease with breaking news that will be shared on this podcast and Douglass shares it. He says, “So with great pleasure and excitement to announce we've closed the deal to bring Koala this is an online ordering company with an absolutely stellar best-in-class guest experience platform under the Chowly umbrella, we are combining forces. We are the same company and we're going to be bringing an amazing product to the space. I can't be more excited about what the future brings for these 2 companies and what we can do together.”

Douglass noted that Koala’s mission statement is what really spoke to him. He says, “their mission statement is to democratize premium online ordering for restaurants and so when I thought about what we could do in combination with them and you know they've done a great job with companies like Shake Shack and Mod pizza and P.F. Chang’s. If we could bring that experience and the revenue generators and the features that they have and we could bring that to the mom and pop and to the independent operator I thought what better way could we help accelerate that aspirational mission that they have.”

To hear more about the acquisition and the answers to the Tuesday trivia questions, check out this episode of Hospitality Hangout.

Episode Credits:

• Produced by: Branded Hospitality Media
• Hosted by: Michael Schatzberg, JImmy Frischling
• Producer: Julie Zucker
• Creative Director: Adam Levine
• Show Runner: Drewe Raimi
• Post Production: Three Cheers Creative

www.thehospitalityhangout.com