Cronofy Secures £15m Investment for Growth
Deal News | May 14, 2025 | Business Growth Fund (BGF)
Cronofy, renowned for its embedded scheduling infrastructure, has obtained a significant investment of £15 million from the Business Growth Fund (BGF). This funding will be strategically utilized to enhance Cronofy's core product offerings, broaden its application use cases, and expedite its international expansion efforts. The involvement of BGF indicates a substantial vote of confidence in Cronofy's vision and potential for growth in the dynamic scheduling technology sector.
Sectors
- Technology - Scheduling Solutions
- Private Equity
Geography
- United Kingdom – Cronofy is based in the United Kingdom, and the BGF, a UK-based private equity firm, provides the financial backing, making the UK relevant to this transaction.
Industry
- Technology - Scheduling Solutions – Cronofy operates within the technology industry, specializing in scheduling infrastructure, which plays a crucial role in optimizing time management and enhancing productivity.
- Private Equity – The involvement of Business Growth Fund (BGF) in providing investment capital highlights the role of the private equity sector in facilitating business growth and expansion.
Financials
- £15 million – The investment amount provided by Business Growth Fund (BGF) to Cronofy for the purpose of product enhancement and international expansion.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cronofy | Target Company | Company | A provider of embedded scheduling infrastructure aiming to enhance its core product offering and expand internationally. |
| Business Growth Fund (BGF) | Investor | Company | A UK-based private equity firm investing £15 million in Cronofy to support its growth and expansion strategy. |