About Commerce Sync
Commerce Sync is a company based in Denver (United States) founded in 2005 was acquired by Fog Software Group in February 2022. Commerce Sync has raised $36.87 million across 7 funding rounds from investors including Fiserv, Fog Software Group and Intel Capital. Commerce Sync offers products and services including Data Sync Automation and Historical Data Syncing. Commerce Sync operates in a competitive market with competitors including Khatabook, BukuWarung, LummoSHOP, Kippa and RecordBook, among others.
- Headquarter Denver, United States
- SectorsTechnology
- Website commercesync.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Fog Software Group (Feb 2022)
- Total Equity Funding$36.87M (USD)
in 7 rounds
- InvestorsFiserv
& 9 more
- Acquired byFog Software Group
(Feb 2022)
Products & Services of Commerce Sync
Commerce Sync offers a comprehensive portfolio of products and services, including Data Sync Automation and Historical Data Syncing.
Automates transfer of sales data to accounting software.
Syncs past sales data for accurate record updates.
Apps and channels of Commerce Sync
its YouTube channel Commerce Sync has 163 subscribers and 11 videos.
Videos from Commerce Sync
The most watched videos on Commerce Sync's YouTube channel, Commerce Sync (163 subscribers). Click a video to play it here.
More on Commerce Sync.
Funding Insights of Commerce Sync
Commerce Sync has successfully raised a total of $36.87M across 7 strategic funding rounds. 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 $36.87M
- Total Rounds 7
- First Round $3.5M
(Jun 2006)
- Investors Count 9
All 7 funding rounds of Commerce Sync 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 |
|---|---|---|---|---|---|
| Jan 2016 | – | Series C | – | Intel Capital, Meritage Funds | – |
| Aug 2012 | $3.59M | Debt – Conventional | – | – | – |
| Sep 2011 | $7.1M | Series C | – | – | – |
| Jan 2010 | $2.74M | Series C | – | – | – |
| Mar 2008 | $17M | Series C | – | – | |
| Mar 2007 | $6.52M | Series B | – | – | – |
| Jun 2006 | $3.5M | Series A | – | – | – |
10 investors in total: 10 institutional.
Investors in Commerce Sync
Commerce Sync has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Fiserv, Fog Software Group and Intel Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in technology startups focusing on compute, AI, and related innovations. | – | intelcapital.com | - | |
- | – | meritagefunds.com | - | |
Early-stage consumer, financial, SaaS, and blockchain companies are invested in. | – | camponeventures.com | Palo Alto, United States | |
- | – | augurycapital.com | - | |
Early-stage tech investments are made in US-based companies. | – | serviceprovidercapital.com | Golden, United States | |
Venture capital firm focused on tech sectors | – | venrock.com | Palo Alto, United States | |
Appian Ventures is engaged in venture capital investments. | – | appianvc.com | Littleton, United States | |
Investments are made by TTV Capital in early-stage fintech companies. | – | ttvcapital.com | Atlanta, United States | |
Payment processing and electronic commerce services are offered worldwide. | 1971 | firstdata.com | Atlanta, United States | |
Software developing companies are acquired and managed internationally. | 1995 | fogsoftwaregroup.com | Deerfield, United States |
Investor details for Commerce Sync
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Commerce Sync
1 people are tracked at Commerce Sync (1 in leadership).
| Name | Role | Group |
|---|---|---|
Doug Tolish | CEO | Leadership |
Complete people profiles for Commerce Sync
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Commerce Sync
4 dated milestones of Commerce Sync across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Commerce Sync is founded.
- Funding First funding round of $3.5M.
- Funding Latest funding round, Series C,.
- Exit Acquired by Fog Software Group.
Competitors of Commerce Sync
Commerce Sync 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 Khatabook, BukuWarung, LummoSHOP, Kippa and RecordBook, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| khatabook.com | 2018 | Bengaluru, India | $186.62M | – | App-based bookkeeping solutions are offered for small business management. | |
| bukuwarung.com | 2019 | Jakarta, Indonesia | $60.13M | – | Bookkeeping software is provided for business transaction and financial management. | |
| lummoshop.co.id | 2019 | Jakarta, Indonesia | $149M | – | Storefront solutions are provided for online businesses targeting digital customers. | |
| kippa.africa | 2021 | Lekki, Nigeria | $11.6M | – | Bookkeeping solutions are offered via app for small businesses. | |
| rekord.in | 2021 | Mumbai, India | $460,053 | – | App-based bookkeeping solutions are offered for small businesses. | |
| okcredit.in | 2017 | Bengaluru, India | $84.87M | 68 | Digital ledger application offered for small businesses' transaction management. | |
| credibook.com | 2019 | Jakarta, Indonesia | $9.73M | – | Bookkeeping solutions are delivered via app for consumers and businesses. | |
| digikhata.pk | 2020 | Pakistan | $2M | – | Bookkeeping software is offered for managing personal and business transactions. |
Detailed competitors of Commerce Sync
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Commerce Sync
The website of Commerce Sync (commercesync.com) receives about 7K visits a month.
- Monthly visits7K
▲ 103.7% vs previous month
Websites whose visitors overlap most with Commerce Sync. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| clover.com | 100% | 8.4M | #4,824 | View details |
Latest news on Commerce Sync
Complete news archive for Commerce Sync
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Commerce Sync
10 companies that operate in the same segment as Commerce Sync (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Commerce Sync
Commerce Sync was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Commerce Sync is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Commerce Sync is a funded company, having raised a total of $36.87M across 7 funding rounds to date. The company's 1st funding round was a Series A of $3.5M, raised on Jun 2006.
Founded in 2005 in Denver, United States, Commerce Sync operates as accounting software in the retail sector. Payment transactions from point-of-sale systems and online storefronts are integrated with back-office accounting tools. Sales data, encompassing taxable items, discounts, credits, and refunds, is automatically transferred. Financial reports are generated, allowing analysis of business health. More than 8000 small businesses are supported across operations.
Commerce Sync's top competitors include Khatabook, LummoSHOP and BukuWarung.
Commerce Sync offers Data Sync Automation and Historical Data Syncing.
Commerce Sync has 10 investors. Key investors include Fiserv, Fog Software Group, Intel Capital, Meritage Funds, and Camp One Ventures.
Yes. Commerce Sync was acquired by Fog Software Group in February 2022.