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 as of April 09, 2024. 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 as on 09 Apr, 2024
- Founders Tushar Chhabra
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsTechnology Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Cron Systems Private Limited
- Date of Incorporation 16 Oct, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$461.23 K (USD)474.06as on Mar 31, 2023
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Net Profit
$-6.13 K (USD)99.29as on Mar 31, 2023
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EBITDA
$-4.63 K (USD)98.25as on Mar 31, 2023
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Total Equity Funding
$7.63 M (USD)
in 9 rounds
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Latest Funding Round
$4 M (USD), Series A
May 07, 2021
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Investors
Techstars
& 9 more
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Employee Count
9
as on Apr 09, 2024
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Products & Services of Cron AI
Cron AI offers a comprehensive portfolio of products and services, including senseEDGE and LiDAR Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for 3D perception and object detection in sensors
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 Total Funding
- Total Rounds 9
- Last Round Series A — $4.0M
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First Round
First Round
(28 Oct 2016)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series A - Cron AI | Valuation | Ventureast , Kitaki Ventures | |
| Jul, 2020 | Amount | Seed - Cron AI | Valuation | YourNest |
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| May, 2019 | Amount | Seed - Cron AI | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology, healthcare, and clean environment sectors since 1997.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage DeepTech venture capital funding and support services in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cron AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cron AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cron Ai Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Real-time, historical, and predictive traffic data solutions are provided.
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| domain | founded_year | HQ Location |
LiDAR-based sensors for autonomous vehicles and energy applications are developed.
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| domain | founded_year | HQ Location |
AI-driven LiDAR sensing solutions are provided for detection and tracking.
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| domain | founded_year | HQ Location |
AI and cloud-enabled solutions for automotive sensors are provided.
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| domain | founded_year | HQ Location |
Transportation analytics solutions are provided via a data platform.
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| domain | founded_year | HQ Location |
AI-based vision solutions are developed for industrial robotic applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cron Ai
Frequently Asked Questions about Cron AI
When was Cron AI founded?
Cron AI was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Cron AI located?
Cron AI is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Cron AI?
Tushar Chhabra is the current CEO of Cron AI. They have also founded this company.
Is Cron AI a funded 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 $305K, raised on Oct 28, 2016.
How many employees does Cron AI have?
As of Apr 09, 2024, the latest employee count at Cron AI is 9.
What is the annual revenue of Cron AI?
Annual revenue of Cron AI is $461.23K as on Mar 31, 2023.
What does Cron AI do?
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.
Who are the top competitors of Cron AI?
Cron AI's top competitors include Inrix, Hesai Technology and CynLr.
What products or services does Cron AI offer?
Cron AI offers senseEDGE and LiDAR Solutions.
Who are Cron AI's investors?
Cron AI has 10 investors. Key investors include Techstars, YourNest, Ventureast, Kitaki Ventures, and Rohit Kedarnath Gupta.
What is Cron AI's valuation?
The valuation of Cron AI is $15.99M as of Jul 2020.
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