{"id":27766,"date":"2023-10-15T18:11:23","date_gmt":"2023-10-15T16:11:23","guid":{"rendered":"https:\/\/swiss-watch-passport.ch\/le-collectionneur-cristiano-ronaldo-investit-dans-chrono-24\/"},"modified":"2023-10-17T00:19:03","modified_gmt":"2023-10-16T22:19:03","slug":"collector-cristiano-ronaldo-invests-in-chrono-24","status":"publish","type":"post","link":"https:\/\/swiss-watch-passport.ch\/en\/collector-cristiano-ronaldo-invests-in-chrono-24\/","title":{"rendered":"Cristiano Ronaldo invests in Chrono 24"},"content":{"rendered":"

Today Chrono24<\/a>, the world\u2019s leading online marketplace for luxury watches, announces that internationally acclaimed footballer, Cristiano Ronaldo<\/a>, through CR7 SA, has become an investor in the company. \u201cCR7\u201d as he is known throughout the world is perhaps equally known amongst the watch lover community for being one of the most avid personal collectors of timepieces.<\/strong><\/p>\n

Une s\u00e9lection de Shaniah Asha Gibson \/ @TRP, Public Relations Cabinet<\/em>
\nInsta<\/a>\u00a0|\u00a0Linkedin<\/a>\u00a0|\u00a0Facebook<\/a>\u00a0|\u00a0Insta JSH<\/a>\u00a0|\u00a0Insta SWP<\/a>\u00a0|\u00a0S\u2019abonner \u00e0 JSH<\/a><\/em><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>

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Cristiano Ronaldo joins the likes of previous Chrono24 investors including Bernard Arnault\u2019s family investment company, Aglae Ventures, General Atlantic, Insight Partners and Sprints Capital \u2013 who together led Chrono24\u2019s Series C round in August 2021, worth $118M USD (100M \u20ac) and solidifying the watch market\u2019s unicorn status with a valuation today exceeding $1B USD.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>

It is reported in\u00a0Forbes\u2019 recent Highest Paid Athletes of 2023 report<\/a> that Ronaldo pulled in $136 million last year alone from his contracts with the UK\u2019s Manchester United and Saudi Arabia\u2019s Al Nassr as well as endorsements – and all-time high for a football player He was equally recognized for being the most marketable Athlete of 2022 by SportsPro.<\/p>\n<\/div><\/div>

\u201cAs a long-term watch collector and regular user of Chrono24, it\u2019s a pleasure for me to become a shareholder in the company now. Chrono24 unites millions of watch lovers from all around the world to share in their passion, together\u2013that global unification is something I know well and am thrilled to be a part of.\u201d<\/em> Cristiano Ronaldo commented.<\/p>\n<\/div><\/div>

\u201cNo one brings passion for luxury watches to the world stage quite like Cristiano,\u201d <\/em>comments Chrono24 CEO, Tim Stracke. \u201cHe has already solidified his place as one of the greatest athletes in history, and as an investor shows astute knowledge of world-class luxury and technology. That coupled with his authentic, proven passion for watch collecting makes him the perfect teammate as our company moves further into global expansion and our next chapter.\u201d<\/em><\/p>\n

Since the company\u2019s establishment in 2003, Chrono24 has led the way in the digital marketplace space. A known disruptor in the luxury watch world, Chrono24 has forever changed the way people shop for luxury watches, offering accessibility, transparency, and connectivity to enthusiasts that spans the entire world.<\/p>\n<\/div><\/div>

Chrono24 continues to be led by its founder and Co-CEO Tim-Stracke; Co-CEO (and former TeamViewer CEO) Holger Felgner; A majority of existing shareholders co-invested alongside the new group of investors. The CR7 SA investment follows Chrono24\u2019s aforementioned Series C round, as well as its 2019 Series B financing of 43M\u20ac from Sprints Capital, former Richemont director Gianni Serazzi, and YOOX-NET-A-PORTER founder Alberto Grignolo, among others, as well as the company\u2019s 37M \u20ac Series A from Insight Partners in 2015.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>