Chrono24 - About the company
Chrono24 is a series C company based in Karlsruhe (Germany), founded in 2003 by Dirk Schwartz and Michael Krkoska. It operates as an Online marketplace platform offering pre-used luxury watches. Chrono24 has raised $235M in funding from investors like Insight Partners, General Atlantic and FJ Labs, with a current valuation of $1B. The company has 18 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Watchfinder, Watches and Kettle.
Sectors and market segments that Chrono24 operate in
Chrono24 serves in the Retail market segments.The primary business model of Chrono24 is:Company Details
Online marketplace platform offering pre-used luxury watches. The product catalog includes vintage watches, sports watches, women's watches, racing watches, chronometers, and more of different colors and brands.
- Website
- chrono24.com
- Social
Key Metrics
Founded Year
2003
Location
Karlsruhe, Germany
Stage
Series C
Total Funding
$235M in 7 rounds
Latest Funding Round
Post Money Valuation
$1B as on Jun 04, 2024
Investors
Ranked
1st among 18 active competitors
Employee Count
355 as on Jun 30, 2026
Similar Companies
Legal entities associated with Chrono24
Chrono24 is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Chrono24 GmbH CIN: B1601_HRB708124 , Germany, Active | Nov 30, 2009 | - | - | |
MPN Marketplace Networks GbmH CIN: HRB717652 , Germany, Active | Aug 25, 2013 | - | - | |
Chrono24 GmbH CIN: HRB708124 , Germany, Active | Nov 29, 2009 | €10M - €50M (As on Dec 31, 2018) | 227 (As on Dec 31, 2019) |
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Chrono24's funding and investors
Chrono24 has raised a total funding of $235M over 7 rounds. Its first funding round was on Feb 25, 2010. Chrono24 has 22 institutional investors and 13 angel investors.
Here is the list of recent funding rounds of Chrono24:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 04, 2024 | Undisclosed | Angel | $1B | - | - | - |
Jul 12, 2023 | Undisclosed | Series C | - | - | - | |
Aug 11, 2021 | $117M | Series C | $1B | - |
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Chrono24's founders and board of directors
Founder? Claim ProfileThe founders of Chrono24 are Dirk Schwartz and Michael Krkoska. Holger Felgner is the CEO of Chrono24.
Here are the details of Chrono24's key team members:
- Dirk Schwartz: Co-Founder of Chrono24. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Michael Krkoska: Former Co-Founder & CTO of Chrono24.
- Holger Felgner: Co-CEO of Chrono24. They are also an angel investor in 1 startup.Contact Info: 2 email addresses
Chrono24's Board of Directors
Chrono24's board has 1 active member. Karlsruhe Joachim Dirk Schwartz is part of team.Here is the list of Chrono24's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 16y 7m |
View details of Chrono24's Founder profiles and Board Members
Chrono24's employee count trend
Chrono24 has 355 employees as of Jun 26. Here is Chrono24's employee count trend over the years:
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Chrono24's Competitors and alternates
Top competitors of Chrono24 include Watchfinder, Watches and Kettle. Here is the list of Top 10 competitors of Chrono24, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online marketplace platform offering pre-used luxury watches | $235M | 66/100 | ||
2nd | Watchfinder 2002, West Malling (United Kingdom), Acquired | Online outright-buy platform for luxury watches | $10M | 56/100 | |
3rd |  Watches 2022, Miami (United States), Seed | Online marketplace offering second-hand luxury watches for men and women | $1.9M | 42/100 | |
4th | Kettle 2021, New York City (United States), Series A | Platform offering a marketplace for luxury watches | $4M | 41/100 | |
5th | Online retailer of certified pre-owned, vintage, and new luxury watches | $5.3M | - | 28/100 | |
6th |  Grailzee 2022, United States, Unfunded | Platform offering buying and selling pre-owned luxury watches | - | - | 27/100 |
7th | Online marketplace for used luxury watches | - | - | 26/100 | |
8th |  Montro 2019, Amsterdam (Netherlands), Deadpooled | Online marketplace platform offering pre-owned luxury watches | - | - | 26/100 |
9th |  Watch Unify 2024, George Town (Malaysia), Unfunded | Online retailer of pre-owned luxury timepieces through auctions and sales | - | - | 24/100 |
10th | Alien Time 2024, Singapore (Singapore), Unfunded | Online luxury watch trading platform that enables individuals to buy, sell, and trade | - | - | 24/100 |
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Chrono24's Investments and acquisitions
Chrono24 has made no investments or acquisitions yet.
Reports related to Chrono24
Here is the latest report on Chrono24's sector:
News related to Chrono24
Filter this listMedia has covered Chrono24 for 1 event in last 1 year, It was about people movement.
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Amid Falling Pre-Owned Watch Prices, Chrono24 Is Laying Off 13% of Its EmployeesRobb Report•Jan 31, 2023•Chrono24
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Chrono24 CEO says Rolex certification move to boost salesThe Business Times•Dec 05, 2022•Chrono24, Rolex
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Rickitt Mitchell advises Xupes on new JV with Chrono24Private Equity Wire•Oct 14, 2021•Xupes, Rickitt Mitchell, Chrono24
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Chrono24 Raises 100M € Series C Led by General Atlantic, with Participation from Aglaé VenturesGeneral Atlantic•Aug 11, 2021•Chrono24, General Atlantic, Aglae Ventures, Insight Partners and 2 others
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