Chronogolf has raised a seed round.
The Montreal-based startup actually raised the round over the summer, but now we’ve learned the value of the transaction: $1.2 million. We also learned that Canadian venture capital firm iNovia Capital led the financing.
Chronogolf, founded in 2012, believes that the golf industry is among the few that still haven’t been significantly disrupted by internet and mobile technologies. The Canadian company aims to change that by leveraging apps and the cloud to improve interactions between golf courses and players, improving operational efficiencies that benefit both course and golfer.
Chronogolf also has offices in San Francisco and Paris.
iNovia recently drew headlines for opening Waterloo’s first venture capital office.