About Ionic
Ionic is a company based in Madison (United States) founded in 2012 by Ben Sperry and Max Lynch was acquired by OutSystems in November 2022. It operates as a SaaS (Software-as-a-Service), and Professional Services. Ionic has raised $3.72 million across 3 funding rounds from investors including OutSystems, Techstars and Lightbank. Ionic offers products and services including Ionic Framework, Capacitor, Appflow, and Portals. Ionic operates in a competitive market with competitors including Replit, Xamarin, Progress, Azul Systems and Posit, among others.
- Headquarter Madison, United States
- Founders Ben Sperry, Max Lynch
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ionic, An Outsystems Company
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.72 M (USD)
in 3 rounds
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Latest Funding Round
$2.6 M (USD), Series A
Mar 30, 2015
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Investors
OutSystems
& 4 more
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Employee Count
Employee Count
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Acquired by
OutSystems
(Nov 07, 2022)
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Products & Services of Ionic
Ionic offers a comprehensive portfolio of products and services, including Ionic Framework, Capacitor, Appflow, and Portals. 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.
A toolkit for building cross-platform mobile applications efficiently.
A bridge for cross-platform native mobile app development.
A platform for automating mobile app delivery processes.
A solution for embedding web experiences in apps.
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Funding Insights of Ionic
Ionic has successfully raised a total of $3.72M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.6 million completed in March 2015. 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 Series A — $2.6M
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First Round
First Round
(01 Jun 2013)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Series A - Ionic | Valuation |
investors |
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| Mar, 2014 | Amount | Seed - Ionic | Valuation |
investors |
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| Jun, 2013 | Amount | Seed - Ionic | Valuation |
investors |
| 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 |
Investors in Ionic
Ionic has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include OutSystems, Techstars and Lightbank. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech focused seed & early stage VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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US focused seed & early stage VC firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ionic
| 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 - Ionic
| 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 |
Ionic Comparisons
Competitors of Ionic
Ionic 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 Replit, Xamarin, Progress, Azul Systems and Posit, 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 |
AI powered application development platform
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| domain | founded_year | HQ Location |
Cross-platform application development tools are provided by Xamarin.
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| domain | founded_year | HQ Location |
IDE-based software is provided for application development and management.
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| domain | founded_year | HQ Location |
IDE based app development platform
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| domain | founded_year | HQ Location |
Open-source data science tools are developed for teams and enterprises.
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| domain | founded_year | HQ Location |
Cross-platform user interface and application development for desktop and embedded platforms
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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 Ionic
Frequently Asked Questions about Ionic
When was Ionic founded?
Ionic was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Ionic located?
Ionic is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
Who is the current CEO of Ionic?
Max Lynch is the current CEO of Ionic. They have also founded this company.
Is Ionic a funded company?
Ionic is a funded company, having raised a total of $3.72M across 3 funding rounds to date. The company's 1st funding round was a Seed of $118K, raised on Jun 01, 2013.
What does Ionic do?
Ionic is established as a leading platform for enterprise mobile app development. It is utilized to build cross-platform applications for iOS, Android, and the web from a single codebase. Solutions offered include mobile SDKs, CICD automation through Appflow, and micro frontend capabilities via Portals. The platform serves various industries such as banking, healthcare, education, and retail. Security and scalability are prioritized to meet enterprise needs. Support and training services are provided to enhance development processes. Ionic is trusted by major companies for mission-critical applications.
Who are the top competitors of Ionic?
Ionic's top competitors include Replit, Posit and Azul Systems.
What products or services does Ionic offer?
Ionic offers Ionic Framework, Capacitor, Appflow, and Portals.
Who are Ionic's investors?
Ionic has 5 investors. Key investors include OutSystems, Techstars, Lightbank, Founder Collective, and Arthur Ventures.
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