Chronicle, a firm that makes presentation software, has raised $7.5 million in a preliminary fundraising round that was jointly led by Accel Partners and Square Peg. Moreover, angel investors from Apple, Google, Meta, Slack, Stripe, Superhuman, OnDeck, and Adobe took part in the round.
The business stated that it intended to use the funds obtained for talent acquisition and product development.
IIT Bombay alums Mayuresh Patole and Tejas Gawande founded Chronicle in 2021 to let customers quickly and easily generate interactive and interesting presentation slides.
The startup, in a statement, said that its key differentiation is its creation process since its pre-built, drag -and-drop blocks mean users no longer have to spend a lot of time formatting shapes and texts, It’s also designed for storytelling, with a “bite-sized” and mobile-first format that allows for remote and asynchronous collaboration.
At present, the platform is in the beta phase, with the first version of its product that focuses on helping founders make pitch decks. It currently has 15 members and plans on expanding to other internal and external storytelling use cases as well.