Kron

Other Norway ·Founded 2017

Overview

Kron is a Norwegian digital investment platform that provides a diverse selection of funds, including those aligned with sustainable investment criteria. The platform offers various investment options, such as the Fidelity Sustainable US Equity Fund A-USD, Baillie Gifford Worldwide Positive Change Fund, and Franklin Sustainable Global Growth A(acc)USD, among others. These funds focus on sustainable investments that contribute to environmental or social objectives, aligning with the United Nations Sustainable Development Goals (SDGs). In January 2023, Kron was acquired by Storebrand ASA, a leading Norwegian financial services company. Following the acquisition, Kron continued to operate as a separate brand, integrating its technological solutions into Storebrand's broader ecosystem. This strategic move provided Kron with substantial resources and a larger distribution network, accelerating its mission to enhance personal savings and investment for Norwegians. By early 2024, Kron had grown its assets under management significantly, reaching over 9 billion NOK from more than 80,000 customers. Kron's business model is centered on a transparent fee structure, charging a percentage of the assets under management. This approach aligns the company's revenue with the growth of its clients' investments. For instance, the fee for their popular index fund package is a competitive 0.15%. The platform's user-friendly interface and commitment to sustainable investing have contributed to its rapid growth and popularity among Norwegian investors.

Portfolio Companies

Microsoft CorpNvidia CorpTaiwan Semiconductor Manufacturing Co LtdASML Holding NVMercadoLibre IncHDFC Bank LtdLam Research CorpNextEra Energy IncMitsubishi UFJ Financial Group IncDanaher CorpSalesforce IncRenaissanceRe Holdings LtdBoston Scientific CorpKLA CorpVisa Inc Class AShopify Inc Registered Shs -A- Subord VtgAlnylam Pharmaceuticals IncDeere & CoAutodesk IncGrab Holdings Ltd Class A

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Frequently asked questions about Kron

What sectors does Kron invest in?

Kron invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Industrials, and is based in Norway. Kron is listed as a other in the ConnectSafely investor database.

What stage does Kron invest at?

Kron backs companies at Seed, Early Stage, Series A, Series B, Growth and Late Stage, writing cheques of 1M - 50M.

Which regions does Kron invest in?

Kron invests across Norway.

What companies has Kron invested in?

Kron's portfolio includes Microsoft Corp, Nvidia Corp, Taiwan Semiconductor Manufacturing Co Ltd, ASML Holding NV, MercadoLibre Inc, HDFC Bank Ltd, Lam Research Corp and NextEra Energy Inc.

How do I contact Kron?

Kron's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of the team.

Last updated · Source: ConnectSafely investor database