Total amount raised
$20 Millions
Latest funding date
Location
Chronograph has successfully raised significant funding through multiple rounds, with notable investors such as The Carlyle Group and Summit Partners. The platform offers comprehensive portfolio monitoring, reporting, and diligence tools tailored for private capital investors.
Keep reading to explore the intricacies of Chronograph's fundraising journey and the investors backing this innovative platform.
What Is Chronograph?
Chronograph, founded in July 2016, is a leading provider of cloud-based analytics and data management solutions for private capital investors. Headquartered in New York, the company operates within the FinTech and software industries, offering sophisticated tools for portfolio monitoring, reporting, and diligence.
Founded by Charlie Tafoya and Michael Bridge, Chronograph employs between 101 and 250 people. The company serves a diverse range of sectors, including private equity, private credit, and infrastructure, helping investors manage their portfolios with unprecedented detail.
How Much Funding Has Chronograph Raised?
- Seed Round
- Amount Raised: Not publicly disclosed
- Date: March 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop initial product offerings and establish a market presence.
- Series A
- Amount Raised: Not publicly disclosed
- Date: May 2019
- Lead Investors: The Carlyle Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and enhance product capabilities.
- Private Equity Round
- Amount Raised: $20M
- Date: October 2022
- Lead Investors: Summit Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate global growth and further develop portfolio monitoring, reporting, and analytics solutions.
Total Amount Raised: $20M
Current Valuation: Not publicly disclosed
Key Investors
- Summit Partners
- Details: Founded in 1984, Summit Partners is a global alternative investment firm managing over $35 billion in capital. They have backed over 500 companies across various growth sectors.
- Investment Focus Areas: Technology, healthcare, other growth industries
- Notable Investments: Calypso Technology, Clearwater Analytics, EngageSmart
- The Carlyle Group
- Details: The Carlyle Group is a global investment firm with $376 billion in assets under management. They operate in 26 offices across five continents, deploying private capital across various sectors.
- Investment Focus Areas: Global Private Equity, Global Credit, Global Investment Solutions
- Notable Investments: Not publicly disclosed
- Nasdaq Ventures
- Details: Nasdaq Ventures is a global technology company serving capital markets and other industries. They provide data, analytics, software, and services to optimize business operations.
- Investment Focus Areas: Data, analytics, software, services for capital markets
- Notable Investments: Not publicly disclosed
What's Next for Chronograph?
Chronograph stands at the cusp of significant opportunities, driven by the increasing demand for cloud-based analytics and data management solutions in the private equity sector. With its technology already monitoring over $6 trillion in assets, the company is poised for substantial growth, particularly in enhancing ESG data management and improving LP/GP data inter-connectivity.
Future fundraising opportunities appear promising as Chronograph continues to expand its team and capabilities. The company's focus on building a scalable, capital-efficient model suggests that strategic funding rounds may be pursued to support its global growth and product development initiatives.
However, challenges lie ahead. Managing the complexity and volume of data, meeting regulatory requirements, and maintaining innovation amidst rapid expansion will be critical. Additionally, attracting and retaining top talent across various functions will be essential to sustain its growth trajectory.
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