Drync

Boston, United States Founded: 2008 • Age: 18 yrs Acquired By Bridge
Provider of app-based solutions to grocery retailers
Annual revenue - Latest available
Total funding $5.2M 4 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Drync

Drync is a company based in Boston (United States) founded in 2008 was acquired by Bridge in March 2019. Drync has raised $5.2 million across 4 funding rounds from investors including Bridge, Foundry and KEC Ventures. Drync has completed 1 acquisition, including Likelii. Drync operates in a competitive market with competitors including Shopify, Squarespace, Weebly, Webs and Ocado Group, among others.

  • Headquarter Boston, United States
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5.2 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.2 M (USD), Seed

    Jun 16, 2017

  • Investors
    Bridge

    & 10 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Bridge

    (Mar 07, 2019)

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Funding Insights of Drync

Drync has successfully raised a total of $5.2M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.2 million completed in June 2017. 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 Drync

Drync has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Bridge, Foundry and KEC Ventures.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital is invested in early-stage tech startups.
Locked Locked Locked
Seed stage venture capital firm investing in the US
Locked Locked Locked
Tech focused early-stage micro VC firm investing in the US
Locked Locked Locked
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Investor details for Drync

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Drync

Drync has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Likelii.

Investments
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Investment portfolio details for Drync

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Wine recommendation engine
Locked Locked 2011 Locked
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Complete acquisition details for Drync

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Drync

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Detailed financials for Drync

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Drync Comparisons

Drync Primary company
Description
Provider of app-based solutions to grocery retailers
Location
Boston, United States
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Drync

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  • Headcount comparison
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  • Operating benchmarks

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Competitors of Drync

Drync 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 Shopify, Squarespace, Weebly, Webs and Ocado Group, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
E-commerce storefront solutions are provided for online businesses.
Locked Locked Locked
Cloud-based website builder tool
Locked Locked Locked
Tools for creating websites and online stores are provided.
Locked Locked Locked
Websites are built without coding via a cloud-based drag-and-drop platform.
Locked Locked Locked
Software solutions for online grocery fulfillment and operations are provided.
Locked Locked Locked
Customized websites, blogs, and online stores are created using Jimdo.
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Detailed competitors of Drync

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  • Domains and locations
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Latest news on Drync

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Complete news archive for Drync

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Frequently Asked Questions about Drync

Drync was founded in 2008 and raised its 1st funding round 3 years after it was founded.

Drync is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Drync is a funded company, having raised a total of $5.2M across 4 funding rounds to date.

Drync was founded in 2008 in Boston, United States, as a provider of app-based solutions tailored to grocery retailers, particularly those handling alcoholic beverages. Mobile commerce applications are offered alongside web-based management systems that support order processing, delivery options, POS integration, and content features. Operations include multi-location store support, local delivery, ship-to-store services, flash sales, social media connections, and promotional tools, serving the retail sector across the region.

Drync's top competitors include Shopify, Squarespace and Weebly.

Drync has made 1 acquisition, including Likelii.

Drync has 11 investors. Key investors include Bridge, Foundry, KEC Ventures, Great Oaks Venture Capital, and Crosslink Capital.

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