Cheddar
DefunctYC S14New York, US · Founded 2016 · Delaware corporation · 2 employees · 11 known investors
Find your way into Cheddar
Sign up to see every warm intro you have to Cheddar
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Cheddar team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Cheddar provides a mobile banking platform that offers checking accounts and debit cards with transparent pricing and features designed as an alternative to traditional banks.
Also known as QuarryIO, Inc.
Founders & leadership· Y Combinator alumni (S14)
Cheddar was founded in 2016 by Alex Fryer and Brian Brunner.

Board
Investors · 11
How we know: Comcast Ventures's portfolio page · funding news · deadline.com · Not right? Tell us
How we know: Dentsu Ventures's portfolio page · deadline.com · Not right? Tell us
How we know: the Y Combinator directory · Not right? Tell us
How we know: deadline.com · Not right? Tell us
Also in the syndicate · 7
Reported raises · per SEC filings
Form D private placements$44.5M disclosed across 3 rounds · 2016–2018
▶$22.5MraisedMar 2018 · 12 investors · Other TechnologyRule 506(b)
- Peter GorensteinExecutive Officer, Director
- Anjali KumarExecutive Officer
- Eric HarrisExecutive Officer
- Jeremy LiewDirector
- Scott BelskyDirector
- Jonathan SteinbergExecutive Officer, Director
- Gordon RubensteinDirector
- Offering amount
- $22.5M
- Amount sold
- $22.5M
- First sale
- Mar 2018
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$19MraisedMay 2017 · 11 investors · Other TechnologyRule 506(b)
- Jonathan SteinbergExecutive Officer, Director
- Scott BelskyDirector
- Gordon RubensteinDirector
- Peter GorensteinExecutive Officer, Director
- Jeremy LiewDirector
- Offering amount
- $19M
- Amount sold
- $19M
- First sale
- May 2017
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$3MraisedFeb 2016 · 6 investors · OtherRule 506(b)
- Jeremy LiewDirector
- Jonathan SteinbergExecutive Officer, Director
- Offering amount
- $3M
- Amount sold
- $3M
- First sale
- Feb 2016
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 5
Companies working in the same space as Cheddar.
Legal entities · 1
corporate structureFrequently asked questions
- What does Cheddar do?
- Cheddar provides a mobile banking platform that offers checking accounts and debit cards with transparent pricing and features designed as an alternative to traditional banks.
- Who founded Cheddar?
- Cheddar was founded by Alex Fryer, Brian Brunner in 2016.
- Who are Cheddar's investors?
- Cheddar's investors include Comcast Ventures, Dentsu Ventures, Y Combinator, Goldman Sachs.
- How much funding has Cheddar raised?
- Cheddar has disclosed $44.5M raised across 3 rounds.
- Where is Cheddar headquartered?
- Cheddar is headquartered in New York, US.








