About Hybrent
Hybrent is a company based in Chicago (United States) founded in 2012 by Harold Richards and Navneet Gosal.. Hybrent has raised $2.75 million across 3 funding rounds. The company has 45 employees as of December 31, 2021. Hybrent offers products and services including Purchasing Software, Inventory Management, and Invoicing Software. Hybrent operates in a competitive market with competitors including Razorpay, Bill.com, Sage Group, Konfío and Coupa, among others.
- Headquarter Chicago, United States
- Employees 45 as on 31 Dec, 2021
- Founders Harold Richards, Navneet Gosal
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Sectors
HealthcareTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Hybrent, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.75 M (USD)
in 3 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Mar 08, 2017
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Investors
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Employee Count
45
as on Dec 31, 2021
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Products & Services of Hybrent
Hybrent offers a comprehensive portfolio of products and services, including Purchasing Software, Inventory Management, and Invoicing Software. 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.
Automates vendor ordering and comparison for healthcare supplies.
Tracks stock levels and prevents shortages in healthcare settings.
Handles invoice processing and auditing for supply chain operations.
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Funding Insights of Hybrent
Hybrent has successfully raised a total of $2.75M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in March 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $1.5M
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First Round
First Round
(10 Jun 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Seed - Hybrent | Valuation |
investors |
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| Sep, 2016 | Amount | Seed - Hybrent | Valuation |
investors |
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| Jun, 2014 | Amount | Seed - Hybrent | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Hybrent
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hybrent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hybrent Comparisons
Competitors of Hybrent
Hybrent 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 Razorpay, Bill.com, Sage Group, Konfío and Coupa, 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 |
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| domain | founded_year | HQ Location |
Payment and business banking solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based accounts payable and receivable software for businesses
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Financial solutions platform provider
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| domain | founded_year | HQ Location |
Cloud-based end-to-end spend management software is delivered for businesses.
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| domain | founded_year | HQ Location |
Accounts payable and payment automation solutions are offered for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hybrent
Frequently Asked Questions about Hybrent
When was Hybrent founded?
Hybrent was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Hybrent located?
Hybrent is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Hybrent?
Ken Tighe is the current CEO of Hybrent.
Is Hybrent a funded company?
Hybrent is a funded company, having raised a total of $2.75M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jun 10, 2014.
How many employees does Hybrent have?
As of Dec 31, 2021, the latest employee count at Hybrent is 45.
What does Hybrent do?
Hybrent was founded in 2012 in Chicago, United States, and operates in the healthcare sector. Web-based inventory management software is provided to surgery centers, imaging centers, and physician practices. A mobile supply chain hub is created, enabling orders for medical, office, and pharmaceutical supplies from a single app. Real-time visibility into supply spending per location and physician is offered, supporting expense control, efficiency, and contract compliance across facilities.
Who are the top competitors of Hybrent?
What products or services does Hybrent offer?
Hybrent offers Purchasing Software, Inventory Management, and Invoicing Software.