Wholesail is a San Francisco fintech building the accounts receivable platform for the food and beverage supply chain. It helps food and beverage distributors onboard customers, automate collections, manage credit risk, and accept ACH and card payments so they get paid faster while keeping customer relationships intact. Founded by ex-OpenTable product and engineering leaders, the company targets the largely paper-driven, trillion-dollar US food distribution market.
Eli Chait is the Co-Founder and CEO of Wholesail, a San Francisco-based B2B payment risk management platform modernizing accounts receivable for food and beverage distributors. His origin story is unusually grounded: at age 12, he was entering invoices for his father's restaurant in Los Angeles. That early hands-on encounter with the pain of paper-based B2B trade became the north star for his entire career - from co-founding Copilot (a restaurant analytics startup acquired by OpenTable) to leading Wholesail through a $22.6M Series A. With a team of repeat entrepreneurs forged at OpenTable, Wholesail is building the credit and payments network for the $1+ trillion US food distribution market.