Crono, a London, UK-based AI platform for sales teams to generate more pipelines, secured €500,000 in pre-seed funding.
The round was led by SFC Capital, with participation from Aticco Ventures, Startup Wise Guys, Magic Mind, and a group of international business angels.
With this latest funding round, Crono will continue investing in development and technology while expanding its operations to serve more clients throughout Europe.
Additionally, the company plans to hire more staff, including developers, data scientists, and sales specialists, to support its growth strategy.
"We are excited to have the support of such a prestigious group of investors who share our vision to transform sales team processes with the power of data and AI," said Lorenzo Tiberi, Co-founder and CEO of Crono. "This investment will allow us to accelerate the development of our technology and expand our reach to help more companies drive sales growth. The international DNA of the investors in this round underlines how Crono aims to be a European player from day one.”
Company: Crono Saas Ltd.
Raised: €.50K
Round: Pre-Sees Round
Funding Month: June 2023
Lead Investors: SFC Capital
Additional Investors: Aticco Ventures, Startup Wise Guys, Magic Mind
Company Website: https://www.crono.one/
Software Category: Prospecting Management Tool
About the Company: Crono is an AI platform that integrates with leading CRM systems in the market and it guides and enhances sales teams' efficiency to improve their performance. Crono's technology analyzes, optimizes, and draws conclusions from data, offering actionable insights to companies through customized messages to enhance, optimize, and maximize sales efforts. By analyzing data, Crono enables companies to design the best actions to engage potential customers, customize their sales approach to increase conversion rates, and thereby promote revenue growth. The London-based startup, with offices in Barcelona, London, and Milan
Source: https://justentrepreneurs.co.uk/news/salestech-startup-crono-raises-500000-in-its-pre-seed-round