Cloud9 Technologies

New York, United States Founded: 2013 • Age: 13 yrs Acquired By Symphony
Cloud-based platform enables traders communication via voice, video, and messaging.
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About Cloud9 Technologies

Cloud9 Technologies is a company based in New York (United States) founded in 2013 by Steve Kammerer and Jerry Starr was acquired by Symphony in June 2021.. Cloud9 Technologies has raised $61.5 million across 3 funding rounds from investors including Symphony, Barclays and UBS. Cloud9 Technologies operates in a competitive market with competitors including SimpleNexus, Continuity, FundApps, Mitek and Clausematch, among others.

  • Headquarter New York, United States
  • Founders Steve Kammerer, Jerry Starr
  • Sectors
    Financial Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cloud9 Technologies Llc
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Technology → Marketing, Adtech & Commerce Technology
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $61.5 M (USD)

    in 3 rounds

  • Latest Funding Round
    $17.5 M (USD), Series B

    Jun 04, 2020

  • Investors
    Symphony

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    Symphony

    (Jun 24, 2021)

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People of Cloud9 Technologies
Headcount 50-200
Employee Profiles 20
Board Members and Advisors 3
Employee Profiles
People
George Marchitella
Professional Services Manager
People
Gerald Starr
CEO & Co-Founder
People
Brian Hunt
Chief Administrative Officer
People
Darryl Donohue
Sales Director

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Funding Insights of Cloud9 Technologies

Cloud9 Technologies has successfully raised a total of $61.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $17.5 million completed in June 2020. 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 Rounds 3
  • Last Round Series B — $17.5M
  • First Round

    (12 Apr 2016)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2020 Amount Series B - Cloud9 Technologies Valuation UBS
Jul, 2018 Amount Series B - Cloud9 Technologies Valuation Barclays
Apr, 2016 Amount Series A - Cloud9 Technologies Valuation J P Morgan , ICAP
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cloud9 Technologies

Cloud9 Technologies has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Symphony, Barclays and UBS. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
VC firm investing in early-stage fintech startups
Founded Year Domain Location
Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies
Founded Year Domain Location
Financial services are provided globally by UBS for wealth management.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cloud9 Technologies

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Cloud9 Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cloud9 Technologies Comparisons

Employees
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Competitors of Cloud9 Technologies

Cloud9 Technologies 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 SimpleNexus, Continuity, FundApps, Mitek and Clausematch, 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.

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Loan life cycle management platforms are developed for mortgage lenders.
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AI-based platform for automating risk and compliance in finance.
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Web-based compliance solutions are delivered for financial institutions' regulatory needs.
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AI-based identity verification solutions are provided for various sectors.
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Cloud-based solutions for trade negotiation management are provided.
domain founded_year HQ Location
Trade management is provided for asset and capital markets.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cloud9 Technologies

Frequently Asked Questions about Cloud9 Technologies

When was Cloud9 Technologies founded?

Cloud9 Technologies was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Where is Cloud9 Technologies located?

Cloud9 Technologies is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Cloud9 Technologies?

Jerry Starr is the current CEO of Cloud9 Technologies. They have also founded this company.

Is Cloud9 Technologies a funded company?

Cloud9 Technologies is a funded company, having raised a total of $61.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $30M, raised on Apr 12, 2016.

What does Cloud9 Technologies do?

Cloud9 Technologies was founded in 2013 in New York, United States, focusing on the financial trading sector. A web-based platform is provided for voice, video, and messaging interactions among traders and communities. Installable software for PCs and tablets is offered to support these functions. Unlimited communication links are facilitated, while real-time metadata is collected, structured, and transcribed for delivery.

Who are the top competitors of Cloud9 Technologies?

Cloud9 Technologies's top competitors include FundApps, RegEd and Mitek.

Who are Cloud9 Technologies's investors?

Cloud9 Technologies has 7 investors. Key investors include Symphony, Barclays, UBS, J P Morgan, and ICAP.

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