Cronofy, a UK-based provider of embedded scheduling infrastructure, has secured a £15 million investment from BGF, one of the UK and Ireland's most active growth capital investors.
The funding will support Cronofy’s ongoing expansion and product development as it continues to streamline complex scheduling processes for businesses globally.
Founded in Nottingham, Cronofy enables real-time, secure scheduling through its integrated platform, which is used by over 180,000 organisations worldwide. The company’s technology is embedded into business workflows and applications, powering scheduling functionality across sectors including recruitment, healthcare, and professional services.
The platform was created by experienced engineers, Adam Bird and Garry Shutler, who recognised that a new architectural approach was needed to unlock embedded scheduling at scale whilst natively respecting security and privacy.
Cronofy’s technology has been adopted by major brands such as Indeed, Houzz and Docplanner. Among its global customer base, leading fintech business Wise has reduced its interview scheduling time from six days to 90 minutes using Cronofy’s platform integrations.
The fast growth business will use the funding to enhance its core product offering, expand into new use cases, and accelerate its growth in international markets, particularly in the US where it currently generates over 60% of its revenue. The company continues to be based in Europe with the highest EU compliance standards and security-by-design.
The investment also provides a partial exit for Cronofy’s seed-stage investors, who have supported the company since its inception in 2016.
