Gynger

New York, United States Founded: 2021 • Age: 5 yrs
Online platform offering POS loans to purchase SaaS products for businesses

About Gynger

Gynger is a company based in New York (United States) founded in 2021.. Gynger has raised $31.7 million across 4 funding rounds from investors including Community Investment Management, PayPal Ventures and Gradient Ventures. Gynger offers products and services including Flexible Payment Terms and Embedded Financing. Gynger operates in a competitive market with competitors including Vartana, Slope, KEO World, BlueTape and Marley, among others.

  • Headquarter New York, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $31.7 M (USD)

    in 4 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Gynger

Gynger offers a comprehensive portfolio of products and services, including Flexible Payment Terms and Embedded Financing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables buyers to pay for technology expenses over time.

Allows sellers to offer flexible terms and get paid upfront.

People of Gynger
Headcount 10-50
Employee Profiles 20
Employee Profiles
People
Varun Sridhar
Director Of Product Management
People
Drew Olsen
Founding Team & Head of Go-to-Market
People
Mark Ghermezian
Founder & CEO
People
Denys Yechkalov
QA Lead

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Funding Insights of Gynger

Gynger has successfully raised a total of $31.7M across 4 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
  • Total Rounds 4
  • Last Round
  • First Round

    (21 Dec 2022)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Series A - Gynger Valuation PayPal Ventures
Jun, 2024 Amount Debt – Conventional - Gynger Valuation

investors

Dec, 2022 Amount Debt – Conventional - Gynger Valuation

investors

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 Gynger

Gynger has secured backing from 10 investors, including venture fund investors. Prominent investors backing the company include Community Investment Management, PayPal Ventures and Gradient Ventures. 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
Investor Description Founded Year Domain Location
Venture capital fund investing in early-stage tech startups
Founded Year Domain Location
Venture capital arm of Alphabet Inc. investing in AI
Founded Year Domain Location
Venture capital firm investing in tech startups
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 Gynger

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 - Gynger

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

Gynger Comparisons

Employees
+
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Competitors of Gynger

Gynger 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 Vartana, Slope, KEO World, BlueTape and Marley, 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.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
SaaS-based POS software solutions for businesses are provided.
domain founded_year HQ Location
Decentralized cryptocurrency exchange and wallet services are provided by Slope.
domain founded_year HQ Location
Consumer and business loans are facilitated via an online platform.
domain founded_year HQ Location
Business point-of-sale financing is facilitated via an online platform.
domain founded_year HQ Location
Point-of-sale financing is offered for events and weddings.
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 Gynger

Frequently Asked Questions about Gynger

When was Gynger founded?

Gynger was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Gynger located?

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

Is Gynger a funded company?

Gynger is a funded company, having raised a total of $31.7M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $10M, raised on Dec 21, 2022.

What does Gynger do?

Founded in 2021 and based in New York, United States, Gynger operates as an online platform in the fintech sector. POS loans are provided to businesses for upfront purchases of SaaS tools and products essential to operations. Loans are underwritten, approved, and issued with installment repayment options. SaaS developers and sellers are enabled to list products, access generated leads, and secure upfront revenue through facilitated sales.

Who are the top competitors of Gynger?

Gynger's top competitors include Vartana, KEO World and Slope.

What products or services does Gynger offer?

Gynger offers Flexible Payment Terms and Embedded Financing.

Who are Gynger's investors?
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