About Cinchy
Cinchy is a company based in Toronto (Canada) founded in 2014 by Dan DeMers and Karanjot Jaswal. It operates as a SaaS (Software-as-a-Service) and Managed Services. Cinchy has raised $24.08 million across 5 funding rounds from investors including TD Bank, Indus Valley Partners and BDC. Cinchy offers products and services including Cinchy Platform, ERP/CRM Consolidation, Customer 360 & MDM, and Digital Transformation. Cinchy operates in a competitive market with competitors including Informatica, Cleo, Nexla, Onna and Flywheel, among others.
- Headquarter Toronto, Canada
- Founders Dan DeMers, Karanjot Jaswal
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$24.08 M (USD)
in 5 rounds
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Latest Funding Round
$14.5 M (USD), Series B
Oct 27, 2022
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Investors
TD Bank
& 12 more
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Employee Count
Not available
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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.
People of Cinchy
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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.
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.
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Investments are directed toward early-stage cybersecurity startups.
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Startups are accelerated globally without sector restrictions through structured programs.
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Mars Capital is engaged in venture capital and startup incubation.
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Investor details for Cinchy
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Investments & Acquisitions by Cinchy
Investment portfolio details for Cinchy
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Financial Statements - Cinchy
Detailed financials for Cinchy
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Cinchy Comparisons
Peer comparison for Cinchy
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Competitors of Cinchy
Cinchy 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 Informatica, Cleo, Nexla, Onna and Flywheel, among others.
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Cloud based enterprise data preparation and management platform
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Cleo is recognized for providing supply chain integration solutions.
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An AI-powered platform for data integration and management is developed.
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SaaS based eDiscovery
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Cloud-based platform for healthcare data capture and analysis is offered.
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Software suite solutions for retail supply chain are provided.
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Detailed competitors of Cinchy
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Latest news on Cinchy
Complete news archive for Cinchy
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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 current CEO of Cinchy. They have also founded this company.
Cinchy is a funded company, having raised a total of $24.08M across 5 funding rounds to date.
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's top competitors include SPS Commerce, Cleo and Nexla.
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.