To round out our 2016 investments, we were excited to find an Alabama-based company with huge potential, Chrono.
Chrono is a Huntsville, Alabama based company that has developed a unique digital distribution platform to market computer games. Chrono markets one game at a time for 24 hours at the lowest price that the game has ever been offered. After 24 hours, a new game is offered for sale. Consumers are initially connected to the website by influencers (gaming professionals) who recommend the game to their followers. Chrono has successfully marketed over 200 games since launching the platform in March of 2016.
Over eight meetings in seven cities, Chrono raised over $800K with AIM Group. While this company is outside of AIM’s normal target portfolio company, we have huge confidence in the management team’s potential and the position this company has in the gaming market.