Chronicle raises $7.5 million in funding led by Accel, Square Peg
A startup Chronicle has raised $7.5 million in seed funding, led by Accel, to create a contemporary presentation format. Australian Square Peg and angel investors like Utsav Somani, a partner on AngelList India, and Vivek Sodera, co-founder of Superhuman, along with other senior executives from undisclosed companies like Meta Inc., Apple Inc., Google, Slack, Stripe, OnDeck, and Adobe also took part in the funding round.
According to founders Mayuresh Patole and Tejas Gawande, Chronicle will use the new funding to expand its user base through a product-led growth strategy, create the product more quickly, and make a few more employees. According to Patole, who also serves as the company's CEO, "over the next six to eight months we will keep raising the number of customers until we have enough closed beta and start making sure that we are producing the correct content within the product for us."
Chronicle, a 15-person entirely remote team working throughout the United States, India, and Australia, was established in 2021 by alumni of IIT-Bombay. The product, which is presently in closed beta, aims to assist founders in creating pitch decks. The product is currently being built by the company, and a price has not yet been set. For the time being, it intends to concentrate on making interactive presentations rather than presentations that use slides.
Chronicle, a 15-person entirely remote team working throughout the United States, India, and Australia, was established in 2021 by alumni of IIT-Bombay. The product, which is presently in closed beta, aims to assist founders in creating pitch decks. The product is currently being built by the company, and a price has not yet been set. For the time being, it intends to concentrate on making interactive presentations rather than presentations that use slides.
"This all began at university, where I ended up unwittingly instructing lecture rooms full of students on how to construct presentations because they believed I had created some novel interactive format. In reality, I was spending hours hacking PowerPoint in order to present a unique, interactive, and interesting format. "The world is ready for a new method to tell tales today with the rise of social media, remote work, and a multitude of modern design tools," Patole added.
The founders' investor pitch decks, which they created using Chronicle as part of the beta programme, drew the attention of Accel partner Shekhar Kirani. The team is devoted to finding a solution and turning the process of creating powerful stories into something enjoyable. In order to address the urgent problems that restrict people from telling their greatest story, both sync and async, Mayuresh and Tejas assembled a worldwide, remote-first team, Kirani said.
Square Peg, a Sydney-based company that was established in 2012, has expanded to become a multi-national investment corporation with offices in Sydney, Melbourne, Tel Aviv, and Singapore. It has made investments in more than 50 startups in the online economy, such as Canva, Fiverr, Stripe, Tomorrow, and Airwallex.
According to founders Mayuresh Patole and Tejas Gawande, Chronicle will use the new funding to expand its user base through a product-led growth strategy, create the product more quickly, and make a few more employees. According to Patole, who also serves as the company's CEO, "over the next six to eight months we will keep raising the number of customers until we have enough closed beta and start making sure that we are producing the correct content within the product for us."
Chronicle, a 15-person entirely remote team working throughout the United States, India, and Australia, was established in 2021 by alumni of IIT-Bombay. The product, which is presently in closed beta, aims to assist founders in creating pitch decks. The product is currently being built by the company, and a price has not yet been set. For the time being, it intends to concentrate on making interactive presentations rather than presentations that use slides.
Chronicle, a 15-person entirely remote team working throughout the United States, India, and Australia, was established in 2021 by alumni of IIT-Bombay. The product, which is presently in closed beta, aims to assist founders in creating pitch decks. The product is currently being built by the company, and a price has not yet been set. For the time being, it intends to concentrate on making interactive presentations rather than presentations that use slides.
"This all began at university, where I ended up unwittingly instructing lecture rooms full of students on how to construct presentations because they believed I had created some novel interactive format. In reality, I was spending hours hacking PowerPoint in order to present a unique, interactive, and interesting format. "The world is ready for a new method to tell tales today with the rise of social media, remote work, and a multitude of modern design tools," Patole added.
The founders' investor pitch decks, which they created using Chronicle as part of the beta programme, drew the attention of Accel partner Shekhar Kirani. The team is devoted to finding a solution and turning the process of creating powerful stories into something enjoyable. In order to address the urgent problems that restrict people from telling their greatest story, both sync and async, Mayuresh and Tejas assembled a worldwide, remote-first team, Kirani said.
Square Peg, a Sydney-based company that was established in 2012, has expanded to become a multi-national investment corporation with offices in Sydney, Melbourne, Tel Aviv, and Singapore. It has made investments in more than 50 startups in the online economy, such as Canva, Fiverr, Stripe, Tomorrow, and Airwallex.
