# Cron AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cron-ai

- Industry: Electronics
- Headquarters: London, UK
- Website: www.croai.ai
- Total disclosed funding: $4M
- Latest round: Series A (May 11, 2021)
- Investors on record: 3

## About

Cron AI specializes in artificial intelligence solutions that enhance automation and data analysis for organizations. Their technology supports various sectors, providing tools for optimized decision-making and operational efficiency.Founded in 2015, Cron AI operates from London, UK, focusing on AI-driven solutions. The company has engaged in one significant funding round, raising USD 4.000 mn in Series A funding on May 11, 2021, led by Kitaki Ventures and Ventureast, with participation from YourNest Capital Advisors. The founders of Cron AI are Saurav Agarwala and Tushar Chhabra, who also serves as CEO.Cron AI offers a comprehensive AI platform that incorporates machine learning algorithms for real-time data processing and predictive analytics. This platform serves enterprises aiming to enhance operational efficiency and decision-making across sectors such as finance, healthcare, and supply chain management. Their clientele includes both large corporations and small to medium-sized businesses in major markets like North America, Europe, and Asia.Cron AI utilizes a subscription-based revenue model, allowing clients to pay for access to its AI platform and services. This arrangement provides predictable revenue through long-term client engagements for ongoing support and updates, with annual transactions and tailored pricing plans for different client segments. Their key offerings include advanced analytics tools and customized AI solutions catering to specific industry needs.Following the recent Series A funding of USD 4.000 mn, Cron AI plans to accelerate the launch of its new product, SenseEdge, which targets the 3D sensing and processing market. The company aims to expand its presence in various new geographic regions, although specific markets have not been detailed. The funding will support the development of SenseEdge to meet emerging market requirements.

## Funding rounds

- Series A, May 11, 2021, $4M — Ventureast, YourNest Capital Advisors, Kitaki Ventures

## Investors

- Ventureast (https://capitalatlas.ai/funds/ventureast) — Series A
- YourNest Capital Advisors (https://capitalatlas.ai/funds/yournest-capital-advisors) — Series A
- Kitaki Ventures — Series A