Chrono.Tech

History

2022: Raising $30 million

At the end of January 2022, the founded Australian blockchain company Chrono.Tech raised $30 million in a round of financing with the participation of a European investment fund, the name of which is not disclosed, and Australian venture investor Mark Carnegie. Chrono.Tech specializes in advanced technology solutions for the human resources sector.

The blockchain company Chrono.Tech was founded by Russian Sergei Sergienko in 2016, the startup by January 2022 has a line of five services and products focused on employment. The list of services provided includes job search, workforce management and cryptocurrency payment services, which help significantly simplify the recruitment and payment processes for both workers and employers. LaborX is one of the products that was developed with blockchain technology, with the help of the service freelancers find work and get paid in cryptocurrency. Startup products are based on the Time internal token.

The Australian blockchain company Chrono.Tech, founded by a Russian, raised $30 million

We are very happy to receive this round of investments, this is really a confirmation of our unwavering belief that the future is for work on the blockchain, where everyone receives exactly what they deserve. The participation of such large industry players as representatives of the European sector and Mark Carnegie in the Chrono.Tech investment round means confirmation by the main financial world of the work that his blockchain company has been doing since 2016, "said Sergei Sergienko, founder of Chrono.Tech.

In a press release, Chrono.Tech notes that the platform's user base by the end of January 2022 compared to the same period in 2020 grew by more than 42 thousand freelancers and almost 5 thousand customers amid a surge in user interest in digital currencies. Multi-millionaire venture capitalist and founder of MH Carnegie & Co, Mark Carnegie, noted Sergey Sergienko's experience in the digital asset market.^[1]

Notes