Chronicle, a startup that provides presentation software, has raised $7.5 million in a seed funding round led by Accel Partners and Square Peg. The round also saw the participation of angel investors from Apple, Google, Meta, Slack, Stripe, Superhuman, OnDeck, and Adobe.
The startup said it plans to use the raised capital for product development and hiring talent.
Founded in 2021 by IIT Bombay graduates Mayuresh Patole and Tejas Gawande, Chronicle allows users to create interactive and engaging presentation slides by offering them pre-designed blocks as templates, which also makes the process quicker.
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.