Chronograph Secures Major Growth Investment to Expand Private Markets Technology Leadership

Private markets infrastructure has reached an inflection point. As institutional investors pour record capital into private equity and venture capital, the complexity of managing and analyzing these assets has exploded. Brooklyn-based Chronograph, a pioneering software company serving this space, has just closed a significant funding round to capitalize on this momentum.

Market Growth Fuels Chronograph’s Expansion

The timing reflects broader industry trends. Over the past decade, alternative capital strategies have grown exponentially, creating unprecedented demand for sophisticated data management tools. Chronograph has positioned itself at the center of this shift, currently handling portfolio monitoring for more than $6 trillion in private equity and venture capital assets across 100,000+ portfolio companies on its platform since launching in 2016.

“Information is the ultimate asset in private markets,” explained Charlie Tafoya, Chronograph’s Co-Founder and CEO. The company’s cloud-based analytics suite enables institutional investors – both limited partners and general partners – to move beyond spreadsheets and manual reporting templates toward automated, data-driven decision-making.

Investment Round Anchored by Summit Partners

The funding initiative was anchored by Summit Partners, a $35 billion growth equity firm with a track record of backing fintech and software innovators including Clearwater Analytics, Jamf, and Smartsheet. Existing backers Carlyle and Nasdaq Ventures also deepened their commitment, reflecting confidence in Chronograph’s market position.

“Since entering the market, Chronograph has fundamentally transformed how private equity firms interact with their data,” said Greg Goldfarb, Managing Director at Summit Partners. The company’s platform streamlines portfolio valuations, analytics, and reporting – critical capabilities as regulatory demands on private capital managers intensify globally.

Technology Solving Real Market Friction

Chronograph’s value proposition centers on eliminating manual data workflows. By accepting reporting in any format and automating data ingestion through intelligent pipelines, the company enables investment teams and reporting professionals to conduct analyses and build reports with minimal manual intervention. Carlyle’s AlpInvest division alone has captured over seven million data points through the platform, demonstrating the scale of insights possible.

The funding will support product innovation across three areas: enhanced LP/GP connectivity for more seamless data sharing, expanded ESG data management capabilities, and accelerated rollout of real-time reporting features that institutional investors increasingly demand.

Building for the Next Generation of Private Capital

Notably, Chronograph has branded this capital infusion as its “Series X” round, deliberately stepping away from traditional funding nomenclature. This signals the company’s disciplined approach – building a capital-efficient, scalable business rather than pursuing aggressive rounds in rapid succession.

“We’re hiring across all functions,” Tafoya noted, emphasizing the company’s expansion in engineering, product, sales, and client success roles. The combination of deep expertise from Summit Partners in scaling technology platforms, paired with ongoing partnerships with Carlyle and Nasdaq, positions Chronograph to accelerate its evolution from niche software provider to essential infrastructure for institutional private capital markets.