About Concertio
Concertio is a Technology company based in New York (United States) founded in 2016 by Andrey Gelman and Tomer Morad, and was acquired by Synopsys in November 2021. AI-powered toolkit for optimizing application-system performance is offered. Concertio has raised $6.42 million across 4 funding rounds from investors including Synopsys, Differential Ventures and PowerBridgeNY. Its chief executive, as recorded, is Tomer Morad. Its focus areas include Enterprise Infrastructure, Data Center Infrastructure, DC Infrastructure Management and Performance Monitoring. Its competitors include Datadog, AppDynamics and Honeycomb; 2 of its 3 listed competitors have raised funding.
Company details
Concertio was founded in 2016 in New York, United States, as a provider of AI-driven tools for performance optimization in data centers and high-performance computing environments. Operations span on-premises and cloud setups, where system interactions are monitored and analyzed to enable dynamic adjustments. Services encompass online and offline tuning, configurable engines, and resource efficiency improvements, reducing manual engineering efforts in the technology sector.
- Headquarters New York, United States
- Founders Andrey Gelman, Tomer Morad
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website concertio.com
- Social LinkedIn X Facebook
- Acquired by Synopsys (Nov 2021)
Funding Insights of Concertio
Concertio has successfully raised a total of $6.42M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $4.2 million completed in April 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 $6.42M
- Total Rounds 4
- Last Round Seed — $4.2M
- First Round $250,000
(Nov 2016)
- Investors Count 2
All 4 funding rounds of Concertio 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 |
|---|---|---|---|---|---|
| Apr 2020 | $4.2M | Seed | – | Differential Ventures | – |
| Aug 2019 | $2.22M | Seed | – | – | – |
| Apr 2017 | Grant | – | – | ||
| Nov 2016 | $250,000 | Grant | – | – | – |
3 investors in total: 3 institutional.
Investors in Concertio
Concertio has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Synopsys, Differential Ventures and PowerBridgeNY.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are provided in data-driven B2B tech companies. | differential.vc | New York, USA | ||
| powerbridgeny.com | ||||
Electronic design automation solutions are provided for semiconductor systems. | 1986 | synopsys.com | United States |
Investor details for Concertio
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People of Concertio
8 people are tracked at Concertio (4 in leadership, 1 in board & advisors, 3 in team).
| Name | Role | Group |
|---|---|---|
Andrey Gelman | Co-Founder & CTO | Leadership |
Tomer Morad | Co-Founder & CEO | Leadership |
Uri Weiser | Chief Science Officer | Leadership |
Glenn Higgins, CFA, MBA | Vice President of Global Sales (AI B2B Startup) | Leadership |
David Levine | Mentor | Board & advisors |
Jeremy Kirsch | GTM & Advisor | Team |
Omer Yehezkely | Software Architect | Team |
Max Shkatrut | Software Engineer | Team |
Complete people profiles for Concertio
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Timeline of Concertio
4 dated milestones of Concertio across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Concertio is founded.
- Funding First funding round of $250K.
- Funding Latest funding round, Seed, of $4.2M.
- Exit Acquired by Synopsys.
Competitors of Concertio
Concertio has 3 listed competitors in our database, 2 of them funded. They include Datadog, AppDynamics and Honeycomb.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| datadoghq.com | 2010 | New York, United States | $147.19M | 2,400 | Cloud and application performance management platform is provided. | |
| appdynamics.com | 2008 | San Francisco, United States | $239.87M | 875 | Application performance is monitored via cloud-based software solutions. | |
| honeycomb.be | 2016 | Dallas, United States | Honeycomb is focused on transforming building operations through technology. |
Detailed competitors of Concertio
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Top companies in IT Services & Operations
3 companies that operate in the same segment as Concertio (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Concertio
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Frequently Asked Questions about Concertio
Concertio was founded in 2016.
Concertio is headquartered in New York, United States. It is registered at New York, New York, United States.
Tomer Morad is the CEO of Concertio, as recorded in our data. They have also founded this company.
Concertio is a funded company, having raised a total of $6.42M across 4 funding rounds to date. The company's 1st funding round was a Grant of $250K, raised on Nov 2016.
Concertio was founded in 2016 in New York, United States, as a provider of AI-driven tools for performance optimization in data centers and high-performance computing environments. Operations span on-premises and cloud setups, where system interactions are monitored and analyzed to enable dynamic adjustments. Services encompass online and offline tuning, configurable engines, and resource efficiency improvements, reducing manual engineering efforts in the technology sector.
Concertio's top competitors include Datadog, AppDynamics and Honeycomb.
Concertio has 3 investors. Key investors include Synopsys, Differential Ventures, and PowerBridgeNY.
Yes. Concertio was acquired by Synopsys in November 2021.