What is Cheq?
Founded in 2016, CHEQ emerged from the necessity to address the pervasive issue of bots and invalid users overwhelming the internet. The company's mission is to empower businesses to thrive online by fostering a transparent, authentic, and human-centric digital environment, free from malicious bot activity. CHEQ's solutions are designed to ensure genuine user interactions and protect online integrity, a crucial offering in today's digital landscape.
How much funding has Cheq raised?
Cheq has raised a total of $171M across 3 funding rounds:
Series A
$5M
Series B
$16M
Series C
$150M
Series A (2018): $5M with participation from Battery Ventures
Series B (2019): $16M led by Battery Ventures and MizMaa Ventures
Series C (2022): $150M supported by Tiger Global Management
Key Investors in Cheq
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets. The company was founded in 2001 and is headquartered in New York City, New York.
Battery Ventures
Battery partners with exceptional founders and management teams developing category-defining businesses in markets including software and services, enterprise infrastructure, online marketplaces, healthcare IT and industrial technology. Founded in 1983, the firm backs companies at all stages, ranging from seed and early to growth and buyout, and invests globally from offices in Boston, San Francisco, Menlo Park, Israel, London and New York.
MizMaa Ventures
MizMaa Ventures is an investor that focuses on early-stage technology companies. Their investment thesis often centers on disruptive technologies and innovative business models.
What's next for Cheq?
The substantial enterprise-level funding and recent strategic investment indicate Cheq is in a growth phase, likely focusing on scaling its operations, enhancing its technology, and expanding its market reach. This capital infusion will enable Cheq to further develop its advanced bot detection and mitigation capabilities, reinforcing its position as a leader in the fight for internet authenticity. Future developments may include strategic partnerships and broader adoption of its solutions across various industries.
See full Cheq company page
