What is Chronogolf?
Chronogolf operates within the Sports Teams & Leagues industry, a dynamic sector focused on the management and operational aspects of sports organizations. With a workforce estimated between 20 to 49 employees and revenue in the range of $5M to $10M, Chronogolf is positioned as a key player headquartered in Canada. The company's focus on sports technology and league operations suggests a commitment to enhancing the efficiency and engagement within the sports ecosystem.
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 Inovia and THCAP
Key Investors in Chronogolf
Inovia
iNovia Capital, a full-stack venture firm founded in 2007 and based in Montreal, Canada, partners with founders to build enduring global technology companies. They focus on perfecting the craft of investing in people first.
THCAP
THCAP is an investment firm that supports early-stage tech entrepreneurs with capital and active support, focusing on seed and pre-seed rounds in sectors like logistics, proptech, agriculture, and fintech. They value diversity and sustainable business practices.
What's next for Chronogolf?
The recent major strategic investment in Chronogolf signals a pivotal phase for the company, likely geared towards scaling operations, expanding market reach, and further developing its technological offerings. This infusion of capital, following earlier rounds from prominent investors, suggests a strategic focus on solidifying its market position and potentially exploring new avenues for growth within the sports technology landscape. The company is poised to leverage this backing to drive innovation and enhance its service offerings to sports teams and leagues.
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