Cron AI

London, United Kingdom Founded: 2015 • Age: 11 yrs Minicorn
Provider of 3D sensing based autonomous vehicles for perception

About Cron AI

Cron AI is a company based in London (United Kingdom) founded in 2015 by Tushar Chhabra. Cron AI has raised $7.63 million across 9 funding rounds from investors including Techstars, YourNest and Ventureast. The company has 9 employees. Cron AI offers products and services including senseEDGE and LiDAR Solutions. Cron AI operates in a competitive market with competitors including Inrix, Hesai Technology, Quanergy, AEye and StreetLight, among others.

  • Headquarter London, United Kingdom
  • Employees 9
  • Founders Tushar Chhabra
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Technology Industrial Goods & Manufacturing
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website cronai.ai
  • Social LinkedIn X Facebook
  • Legal Name Cron Systems Private Limited
  • Date of Incorporation 16 Oct, 2015
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹2.88 Cr

    FY 2024 · -25% YoY

  • Net Loss
    -₹1.87 Cr

    FY 2024 · -65% margin

  • EBITDA
    -₹1.64 Cr

    FY 2024 · -57% margin

  • Total Equity Funding
    $7.63 M (USD)

    in 9 rounds

  • Latest Funding Round
    $4 M (USD), Series A

    May 2021

  • Investors
    Techstars

    & 9 more

  • Employee Count
    9

Products & Services of Cron AI

Cron AI offers a comprehensive portfolio of products and services, including senseEDGE and LiDAR Solutions.

senseEDGE
AI Platform

Software for 3D perception and object detection in sensors

LiDAR Solutions
Sensor Integration

Tools for combining LiDAR with other sensors for enhanced accuracy

Funding Insights of Cron AI

Cron AI has successfully raised a total of $7.63M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $7.6M
  • Total Rounds 9
  • Last Round Series A β€” $4.0M
  • First Round $657,681

    (Oct 2016)

  • Investors Count 10

All 9 funding rounds of Cron AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2021$4.0MSeries A–Ventureast , Kitaki Ventures
Jul 2020$66,481Seed$16.0MYourNest
–
May 2019$305,000Seed––
–
Oct 2018$408,102Angel Round$8.2MRohit Kedarnath Gupta
May 2018$389,329Seed$β€’β€’β€’β€’β€’YourNest
Oct 2017$1.2MSeed–YourNest
–
Aug 2017$523,569Seed$β€’β€’β€’β€’β€’YourNest
Jul 2017$120,000Seed–Techstars
–
Oct 2016$657,681Seed$β€’β€’β€’β€’β€’YourNest
Valuation history
DateValuationStage
Jul 2020$16.0Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2018$8.2Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Aug 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Cron AI

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

  • All valuation points
  • Stage changes
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Verified entity values are shown only after access is granted.

Last known valuation $16.0M (Jul 2020). 10 investors in total: 4 institutional and 6 angel.

Investors in Cron AI

Cron AI has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Techstars, YourNest and Ventureast.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in technology, healthcare, and clean environment sectors since 1997.
1997ventureast.netBengaluru, India
-
–kitaki.vc-
Early-stage DeepTech venture capital funding and support services in India.
2011yournest.inGurugram, India
Startups are accelerated globally without sector restrictions through structured programs.
2006techstars.comNew York, United States

Rohit Kedarnath Gupta

-
–unknown_bdf6e4105d474d5fa-

Gagan Chopra

-
–unknown_c658994c405049f8a-

Srinivas Radhakrishnan

-
–unknown_3bdfce2fe76f4fa9b-

Krishnan Akhileswaran

CFO at Apollo Hospitals, experienced in healthcare and finance, active angel investor
–unknown_dcc62e7f18e54ae1b-

Sunder Hemrajani

-
–unknown_3eefd91183304d059-

Rajul Jain

Angel investor and entrepreneur, co-founder of Centro Healthcare, active in Indian startup ecosystem
–unknown_dced3fadf4884df6a-
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Investor details for Cron AI

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Board of directors of Cron Systems Private Limited (Cron AI)

Cron Systems Private Limited is the primary company behind Cron AI. The board of Cron Systems Private Limited currently have 3 directors; the longest-serving is Tushar Chhabra, appointed in 2015. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Tushar Chhabra
DIN 07180048
Director16 Oct 201510 yrs 11 moCron Systems Private Limited
Girish Shivani
DIN 03593974
Nominee Director17 May 20188 yrs 4 moCron Systems Private Limited
Vaneet Chhabra
DIN 10064309
Director01 Aug 20242 yrs 2 moCron Systems Private Limited

People of Cron AI

1 people are tracked at Cron AI (1 in leadership); the tracked headcount is 9.

NameRoleGroup
Co-Founder & CEOLeadership
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Financials of Cron AI

Figures of Cron Systems Private Limited, the primary company behind Cron AI, for FY 2024. Revenue was ₹2.88 Cr (-25% year on year). Net loss was -₹1.87 Cr (-65% margin). EBITDA was -₹1.64 Cr (-57% margin). Revenue has grown at a compounded annual rate of -2% over three years and +12% over five years.

  • ₹2.88 CrRevenue · FY 2024 · -25% YoY
  • -₹1.87 CrNet loss · -65% margin
  • -₹1.64 CrEBITDA · -57% margin
  • ₹0.39 CrPaid-up capital
  • 9Employees (provident fund records)
  • -2%Revenue CAGR, 3 years
  • +12%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Cron Systems Private Limited are on its company page.

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Detailed financial statements for Cron AI

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  • Downloads

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Timeline of Cron AI

4 dated milestones of Cron AI across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cron AI is founded.
  2. Funding First funding round of $658K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $4.0M.

Competitors of Cron AI

Cron AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Inrix, Hesai Technology, Quanergy, AEye and StreetLight, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
inrix.com2004Kirkland, United States$143.1M126
Real-time, historical, and predictive traffic data solutions are provided.
hesaitech.com2014Shanghai, China$598.9M–
LiDAR-based sensors for autonomous vehicles and energy applications are developed.
quanergy.com2012Sunnyvale, United States$160.0M–
AI-driven LiDAR sensing solutions are provided for detection and tracking.
aeye.ai2013Pleasanton, United States$76.8M131
AI and cloud-enabled solutions for automotive sensors are provided.
streetlightdata.com2010San Francisco, United States$40.5M95
Transportation analytics solutions are provided via a data platform.
cynlr.com2019Bengaluru, India$15.3M40
AI-based vision solutions are developed for industrial robotic applications.
anagog.com2010Tel Aviv, Israel$22.5M2
Cloud-based AI analyzes smartphone sensors for mobility insights.
tracsis.com2004Leeds, United Kingdom–573
Provider of software, hardware, data analytics, and transport services
lumotive.com2016Bellevue, United States$72.0M28
Solid-state LiDAR sensors are developed with beam-steering technology.
velodynelidar.com1983San Jose, United States$200.0M365
Provider of LiDAR-based sensors for autonomous vehicles
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Detailed competitors of Cron AI

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Web traffic of Cron AI

The website of Cron AI (cronai.ai) receives about 2.6K visits a month.

  • Monthly visits
    2.6K

    ▲ 60.5% vs previous month

Latest news on Cron Ai

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Complete news archive for Cron AI

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Verified entity values are shown only after access is granted.

Similar companies to Cron AI

10 companies that operate in the same segment as Cron AI (Road Transport Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing and on-demand delivery services are aggregated via mobile app.
2012Singapore, SingaporeUSD 9.09 BUSD 3.37 B11,270
An online platform providing ride-hailing and food delivery services
2009San Francisco, California, United StatesUSD 13.21 BUSD 52.02 B31,100
Ride-hailing, electric vehicles, and financial solutions are provided via app.
2010Bengaluru, Karnataka, IndiaUSD 3.84 B––
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765.74 M––
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions
2015Bengaluru, Karnataka, IndiaUSD 813.93 MUSD 19.11 M660
Rides and deliveries are facilitated via a mobile app platform.
2012Dubai, Dubai, United Arab EmiratesUSD 771.7 M––
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.71 B––
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M––
Bus tickets are booked online via portal and mobile app.
2006Bengaluru, Karnataka, IndiaUSD 10 M––
App-based ride-hailing aggregator
2007San Francisco, California, United StatesUSD 5.02 BUSD 6.32 B2,930
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Frequently Asked Questions about Cron AI

Cron AI was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Cron AI is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Tushar Chhabra is the current CEO of Cron AI. They have also founded this company.

Cron AI is a funded company, having raised a total of $7.63M across 9 funding rounds to date. The company's 1st funding round was a Seed of $657.68K, raised on Oct 2016.

Cron AI has 9 employees.

The primary company behind Cron AI, Cron Systems Private Limited, reported revenue of β‚Ή2.88 Cr for FY 2024, down 25% year on year.

Provider of 3D sensing based autonomous vehicles for perception. It offers solutions that includes perception, traffic flow assessment, detection, and more. The platform also provides users with a platform that offers hardware and software solutions for 3D sensing.

Cron AI's top competitors include Inrix, Hesai Technology and CynLr.

Cron AI offers senseEDGE and LiDAR Solutions.

Cron AI has 10 investors. Key investors include Techstars, YourNest, Ventureast, Kitaki Ventures, and Rohit Kedarnath Gupta.

The valuation of Cron AI is $15.99M as of Jul 2020.

Cron AI operates through Cron Systems Private Limited.

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