Presentation software provider Chronicle has raised $7.5 million in a seed funding round led by Accel and Square Peg. The round also saw participation of angel investors from Apple, Google, Meta, Slack, Stripe, Superhuman, OnDeck, and Adobe.
The company plans to utilise the raised funds for product development and hire talent, Chronicle said in a press release.
Co-founded by Mayuresh Patole and Tejas Gawande, Chronicle provides users to create presentations with ‘pre-designed blocks’ or templates within a few minutes. It allows users to create their stories with pre-designed blocks and offers a dummy-proof creation experience with layouts designed like arranging widgets on an iPhone. Chronicle’s 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.
While Chronicle is still pre-revenue, it will monetise through a subscription-based model in the coming time. The startup claims that it is integrated with more than 100 apps, including Twitter, Notion, Slack and Figma, which makes it easier to add info from them into blocks. Chronicle competes with presentation tools like Prezi, Tome and Gamma.