About Blyncsy
Blyncsy is a company based in Salt Lake City (United States) founded in 2014 was acquired by Bentley Systems in August 2023.. Blyncsy has raised $5.79 million across 4 funding rounds from investors including Bentley Systems. Blyncsy offers products and services including Blyncsy Maps, Compliance as a Service, and Roadway Detections. Blyncsy operates in a competitive market with competitors including Inrix, StreetLight, Anagog, Hayden AI and Worldsensing, among others.
- Headquarter Salt Lake City, United States
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Sectors
TechnologyTransportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.79 M (USD)
in 4 rounds
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Latest Funding Round
$2.63 M (USD), Series A
Mar 22, 2022
- Investors
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Employee Count
Employee Count
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Acquired by
Bentley Systems
(Aug 15, 2023)
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Products & Services of Blyncsy
Blyncsy offers a comprehensive portfolio of products and services, including Blyncsy Maps, Compliance as a Service, and Roadway Detections. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for visualizing and managing roadway assets and conditions.
Service to achieve continuous regulatory compliance for transportation networks.
Tool for identifying roadway issues like potholes and signs automatically.
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Funding Insights of Blyncsy
Blyncsy has successfully raised a total of $5.79M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2.63 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $2.6M
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First Round
First Round
(09 Mar 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2022 | Amount | Series A - Blyncsy | Valuation |
investors |
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| Oct, 2017 | Amount | Seed - Blyncsy | Valuation |
investors |
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| Oct, 2016 | Amount | Debt – Conventional - Blyncsy | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Blyncsy
Blyncsy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bentley Systems. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based design software for infrastructure construction is provided.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Blyncsy
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Blyncsy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blyncsy Comparisons
Competitors of Blyncsy
Blyncsy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Inrix, StreetLight, Anagog, Hayden AI and Worldsensing, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Real-time, historical, and predictive traffic data solutions are provided.
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| domain | founded_year | HQ Location |
Transportation analytics solutions are provided via a data platform.
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| domain | founded_year | HQ Location |
Cloud-based AI analyzes smartphone sensors for mobility insights.
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| domain | founded_year | HQ Location |
Provider of AI-powered mobile perception platform for traffic enforcement
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| domain | founded_year | HQ Location |
Provider of cloud-driven IoT-based real-time traffic monitoring & analytics solution
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| domain | founded_year | HQ Location |
Remix is focused on providing transit planning and scheduling software.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Blyncsy
Frequently Asked Questions about Blyncsy
When was Blyncsy founded?
Blyncsy was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Blyncsy located?
Blyncsy is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Is Blyncsy a funded company?
Blyncsy is a funded company, having raised a total of $5.79M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $150K, raised on Mar 09, 2016.
What does Blyncsy do?
Blyncsy was founded in 2014 in Salt Lake City, United States, within the smart city analytics sector. Traffic data on density, speed, and flow is gathered continuously through sensors and uploaded to a cloud-based platform. Analysis of this data is conducted to support decisions by local governments and traffic authorities. The system is also applied in various indoor and outdoor environments, including shopping malls and ski resorts.
Who are the top competitors of Blyncsy?
Blyncsy's top competitors include Inrix, Nota and Worldsensing.
What products or services does Blyncsy offer?
Blyncsy offers Blyncsy Maps, Compliance as a Service, and Roadway Detections.
Who are Blyncsy's investors?
Blyncsy has 1 investor. Key investors include Bentley Systems.
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