How Much Did Chronotek Raise?
Funding & Key Investors

Chronotek has secured $150K in total financing, with its most recent funding round bringing in $150K in a major strategic investment. This significant capital infusion underscores the company's established position in the market and its potential for continued expansion.

What is Chronotek?

Chronotek
SoftwareHuman Resources SoftwareMobile App Development

Chronotek Pro is a robust GPS time clock application engineered to streamline employee management. Its core functionalities include real-time timekeeping, payroll processing, scheduling, and messaging, serving a diverse range of industries such as janitorial, construction, security, and property management. The platform is designed to enhance operational efficiency and cost-effectiveness for businesses, particularly those managing remote workforces, by ensuring precise tracking of hours and labor costs. Available on both iOS and Android, Chronotek Pro empowers business leaders to optimize operations and mitigate payroll discrepancies.

How much funding has Chronotek raised?

Chronotek has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Chronotek

PPP

Public-Private Partnership

What's next for Chronotek?

With a substantial large-scale late-stage funding context, Chronotek is poised for significant growth and strategic development. This phase of investment typically signals a focus on scaling operations, expanding market reach, and potentially exploring new product development or acquisitions. The company's trajectory suggests a move towards solidifying its market leadership and leveraging its technology to capture a larger share of the employee management solutions sector.

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Frequently Asked Questions Regarding Chronotek Financial Insights

What are the most recent funding rounds that Chronotek has completed, and what were the funding rounds?
Chronotek has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding Chronotek has raised to date?
Chronotek has raised a total of $150K in funding to date.
How many funding rounds has Chronotek completed?
Chronotek has completed 1 funding rounds.
How much funding did Chronotek raise in its most recent funding round?
Chronotek raised $150K in its most recent funding round.
Who are the lead investors in Chronotek's latest funding round?
The lead investor in Chronotek's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Chronotek's history?
The largest funding round in Chronotek's history was $150K.
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