Fundraising Fox

Cheddar

DefunctYC S14

New York, US · Founded 2016 · Delaware corporation · 2 employees · 3 known investors

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.

Founders & leadership· Y Combinator alumni (S14)

Cheddar was founded in 2016 by Alex Fryer and Brian Brunner.

AFAlex Fryer
Alex FryerinFounder/CEO
BBBrian Brunner
Brian BrunnerinFounderBrian Brunner previously led engineering at Stripe, where he oversaw development of Sigma and Data Pipeline products. He is the founder of Cheddar.
JS
Jonathan SteinbergNamed on SEC filing

Board

JL
Jeremy LiewBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$44.5M disclosed across 3 rounds · 2016–2018

$22.5MraisedMar 2018 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
$19MraisedMay 2017 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
$3MraisedFeb 2016 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeremy LiewDirector
  • Jonathan SteinbergExecutive Officer, Director
Offering amount
$3M
Amount sold
$3M
First sale
Feb 2016
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently 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, Y Combinator, Raine Venture Partners.
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.