CHRONOGOLF RAISES $1.5 MILLION
Today, we are proud to announce that Chronogolf has raised $1.5 million in its second round of financing. This will help the Company further develop its leadership position as an all-in-one golf course management solution and marketplace.
The golf industry is changing! Modern golfers are evolving and the role of golf managers has become increasingly complex and stressful. They wear multiple hats, juggling between course operations, pro shop management, food & beverage and now web marketing.
Chronogolf was founded by golf professionals who understand the pains of the industry and who saw an opportunity to help. We developed a cloud-based software solution that organizes and streamlines every aspect of the business, while offering easy tools to market to golfers, on and off the course.
Since launching, Chronogolf has been adopted by more than 200 golf courses spanning over 5 countries. As of January 1st, 2016, 220,000 unique golfers have booked over 2.5 million rounds of golf using our booking engine. On average, a golf course using Chronogolf will increase its occupancy by 10.75% after its first year of using our services. “This is the metric we are the most proud of!” said JD & Guillaume (co-CEOs of Chronogolf) “It is a testament that we are building something very useful in driving operational efficiencies and revenue without the technical or cost hurdles“.
“ Every so often, I have to go back to our old system to run a report or look up an account and that’s when I realize how much Chronogolf has improved everything for us — sales are made faster, it’s flexible and dynamic.” Tyler MacEachern, Director – Greensmere Golf Club
The financing was lead by iNovia Capital, THCAP, Business Angels QC and BDC Technologies Group. “The company is growing fast and we believe they will emerge as a leader in their space“ said David Nault (iNovia Capital).
Finally, and above all, we would like to thank the lifeblood of our company – our customers – for their loyalty over the years and for pushing us to continuously innovate. We are beyond appreciative of your business and will continue to be there with you as you grow and bring life to the golf industry around the world.
About the author:
JD is a passionate golfer, entrepreneur and a sales & marketing expert. He writes to inspire, educate, and inform readers on all things related to how technology is transforming the way golf courses are operating.