Brownloop and Chronograph form strategic partnership
AI and data solutions provider Brownloop and portfolio monitoring solution provider Chronograph have announced a strategic partnership to service private markets.
Brownloop specialises in driving efficiency and value generation for its private equity clients, while Chronograph offers portfolio monitoring, reporting and diligence tools for GPs and LPs.
The two companies will provide their respective PE clients with access to a joint suite of tools and services. The integrated platform will consolidate portfolio data from various sources, providing real-time visibility into metrics and performance data.
This is the latest partnership from Chronograph, following a similar announcement in May 2023 about a deal with data cloud company Snowflake to develop a connectivity-as-a-service offering.
Chronograph has been undertaking an expansion plan following a series-X funding round completed in October 2022.
In February 2023, Chronograph opened an office in London to provide implementation, client support and account management services, and in April it hired four senior leaders including Abbas Khan as product owner from data extraction and Daniel Gruppo as client development manager.