About Cinchy
Cinchy is a Technology company based in Toronto (Canada) founded in 2014 by Dan DeMers and Karanjot Jaswal. Enterprise data collaboration and management solutions are provided online. It operates on a SaaS (Software-as-a-Service) and Managed Services model. Cinchy has raised $24.08 million across 5 funding rounds from investors including TD Bank, Indus Valley Partners and BDC. Its chief executive, as recorded, is Dan DeMers. Cinchy offers products and services including Cinchy Platform, ERP/CRM Consolidation, Customer 360 & MDM, and Digital Transformation. Its focus areas include Software, Data Management Software, Financial Services and Banking.
Company details
Cinchy is established as a data collaboration platform that enables real-time data sharing, analysis, and governance for businesses. It is utilized across sectors like technology, financial services, and manufacturing to address data silos, streamline operations, and support digital transformation. Solutions such as ERPCRM consolidation, Customer 360, and Master Data Management are provided to enhance efficiency, reduce IT bottlenecks, and drive innovation. Cost savings, AI readiness, and compliance are prioritized to empower organizations with scalable data-driven decisions.
- Headquarters Toronto, Canada
- Founders Dan DeMers, Karanjot Jaswal
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website cinchy.com
- Social LinkedIn X
- Total Equity Funding$24.08M (USD)
in 5 rounds
- Latest Funding Round$14.5M (USD), Series B
Oct 2022
- InvestorsTD Bank
& 12 more
Products & Services of Cinchy
Cinchy offers a comprehensive portfolio of products and services, including Cinchy Platform, ERP/CRM Consolidation, Customer 360 & MDM, and Digital Transformation.
Data collaboration platform for real-time analysis and governance.
Solution for consolidating ERP and CRM data systems.
Unified view of customer data for better insights.
Support for digital transformation with streamlined data processes.
Funding Insights of Cinchy
Cinchy has successfully raised a total of $24.08M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $14.5 million completed in October 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 $24.08M
- Total Rounds 5
- Last Round Series B — $14.5M
- First Round $120,000
(Jun 2018)
- Investors Count 13
All 5 funding rounds of Cinchy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2022 | $14.5M | Series B | – | ForgePoint Capital | |
| Jun 2020 | Grant | – | – | ||
| May 2020 | $7.15M | Series A | – | Information Venture Partners | |
| Oct 2018 | $2.31M | Seed | – | Blindspot | |
| Jun 2018 | $120,000 | Seed | – | Techstars | – |
13 investors in total: 13 institutional.
Investors in Cinchy
Cinchy has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include TD Bank, Indus Valley Partners and BDC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward early-stage cybersecurity startups. | forgepointcap.com | San Mateo, United States | ||
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Mars Capital is engaged in venture capital and startup incubation. | mars-capital.co | Ho Chi Minh City, Vietnam | ||
ScaleUP Ventures is focused on early-stage technology investments. | 2016 | suv.vc | Toronto, Canada | |
Early-stage entrepreneurs are accelerated through MassChallenge's program. | masschallenge.org | Boston, United States | ||
Venture capital firm focused on fintech & enterprise SaaS sectors | informationvp.com | Toronto, Canada | ||
Manulife Wealth and Asset Management is engaged in providing investment and retirement solutions globally. | manulifeim.com | Toronto, Canada | ||
Early-stage technology startups are supported through investments by MaRS IAF. | marsiaf.com | Canada | ||
| blindspotinc.ca | ||||
Financial technology company offering investment firms software solutions | 2000 | ivp.in | New York, United States |
Investor details for Cinchy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Cinchy
11 people are tracked at Cinchy (7 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Dan DeMers | Co-Founder & CEO | Leadership |
Karanjot Jaswal | Co-Founder | Leadership |
Chaoran Wang | Vp, Finance | Leadership |
Alan Trieu, PMP, CSM | Head Of Community Financial Sales | Leadership |
Sonya Chan | Head Of Experiences Development | Leadership |
Paul Patterson | Chief Executive Officer | Leadership |
Ryan Nieuwoudt | Head Of Platform Development | Leadership |
Ali Sina Ahmadi, MA | Senior Solutions Architect | Team |
Heba Ishaq | Solutions Architect II | Team |
Andrew Wilson DCSE, Prince2 | Technical Project Manager | Team |
Shawn Collins | Principal Architect - Solution Innovation & Standards | Team |
Complete people profiles for Cinchy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Cinchy
3 dated milestones of Cinchy across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Cinchy is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Series B, of $14.5M.
Web traffic of Cinchy
The website of Cinchy (cinchy.com) receives about 4.5K visits a month.
- Monthly visits4.5K
▲ 524% vs previous month
Websites whose visitors overlap most with Cinchy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| thoughtworks.com | 100% | 383.7K | #145,685 | View details | |
appstudio.ca | appstudio.ca | 94% | #3,000,662 | – | |
| broadviewsoftware.com | 91% | #10,106,441 | View details | ||
| makeitfable.com | 91% | 121.5K | #297,245 | View details | |
| orium.com | 86% | 15.6K | #1,708,271 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Cinchy
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- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Cinchy
Cinchy was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Cinchy is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Dan DeMers is the CEO of Cinchy, as recorded in our data. They have also founded this company.
Cinchy is a funded company, having raised a total of $24.08M across 5 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jun 2018.
Cinchy is established as a data collaboration platform that enables real-time data sharing, analysis, and governance for businesses. It is utilized across sectors like technology, financial services, and manufacturing to address data silos, streamline operations, and support digital transformation. Solutions such as ERPCRM consolidation, Customer 360, and Master Data Management are provided to enhance efficiency, reduce IT bottlenecks, and drive innovation. Cost savings, AI readiness, and compliance are prioritized to empower organizations with scalable data-driven decisions.
Cinchy offers Cinchy Platform, ERP/CRM Consolidation, Customer 360 & MDM, and Digital Transformation.
Cinchy has 13 investors. Key investors include TD Bank, Indus Valley Partners, BDC, Techstars, and Forgepoint Capital.