What is Chronogolf?
Chronogolf operates within the Sports Teams & Leagues industry, a dynamic sector requiring robust operational and strategic management. With a workforce estimated between 20 to 49 employees and an annual revenue in the range of $5M to $10M, the company demonstrates a solid foundation. Headquartered in Canada, Chronogolf is poised to leverage its resources and market presence to further its objectives in the competitive sports landscape.
How much funding has Chronogolf raised?
Chronogolf has raised a total of $2.7M across 2 funding rounds:
Angel/Seed
$1.2M
Private Equity
$1.5M
Angel/Seed (2014): $1.2M with participation from Inovia
Private Equity (2016): $1.5M led by THCAP and Inovia
Key Investors in Chronogolf
THCAP
THCAP is an investment firm focused on backing early-stage tech entrepreneurs, particularly in sectors such as logistics, proptech, agriculture, and fintech. They provide not only capital but also active support to help founders achieve product-market fit and scale their businesses.
Inovia
iNovia Capital, founded in 2007 and headquartered in Montreal, Canada, is a full-stack venture firm. The firm partners with founders to build enduring global technology companies and seek to transform venture capital by perfecting the craft of investing in people first.
What's next for Chronogolf?
The recent major strategic investment signals a pivotal phase for Chronogolf, likely indicating a move towards scaling operations, enhancing technological capabilities, or expanding its market reach. This influx of capital, coupled with the strategic alignment from its backers, suggests a focus on accelerating growth and solidifying its competitive advantage within the Sports Teams & Leagues industry. Future developments will likely involve strategic partnerships and product innovation to capitalize on this momentum.
See full Chronogolf company page
