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 $16.19 million across 6 funding rounds from investors including OutSystems, Techstars and General Catalyst. Ionic offers products and services including Ionic Framework, Capacitor, and Appflow. 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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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
$16.19 M (USD)
in 6 rounds
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Latest Funding Round
$8.88 M (USD), Series A
Apr 29, 2016
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Investors
OutSystems
& 6 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, and Appflow. 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 cross-platform mobile app development.
A bridge for cross-platform native app integration.
A platform for mobile app deployment automation.
Funding Insights of Ionic
Ionic has successfully raised a total of $16.19M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $8.88 million completed in April 2016. 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 6
- Last Round Series A — $8.9M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Series A - Ionic | Valuation | General Catalyst | |
| Apr, 2015 | Amount | Seed - Ionic | Valuation | Lightbank | |
| Mar, 2015 | Amount | Unspecified - 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 7 investors, including venture fund investors. Prominent investors backing the company include OutSystems, Techstars and General Catalyst. 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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Investment and transformation services for entrepreneurs in technology and finance sectors.
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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 |
| 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 |
|---|---|---|---|---|
| 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 $16.19M across 6 funding rounds to date. The company's 1st funding round was a Unspecified of $2.6M, raised on Apr 22, 2013.
What does Ionic do?
Ionic is established as a key player in cross-platform mobile app development, offering an open-source mobile UI toolkit for creating high-quality apps across iOS, Android, and web platforms from a single codebase. Solutions are provided for enterprise teams, including mobile CICD through Appflow, native integration via Capacitor, and micro frontend capabilities with Portals. The technology supports multiple JavaScript frameworks like React, Angular, and Vue, catering to diverse developer needs. Industries such as banking, healthcare, education, and retail are served, with a focus on secure, scalable, and future-proof mobile solutions.
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, and Appflow.
Who are Ionic's investors?
Ionic has 7 investors. Key investors include OutSystems, Techstars, General Catalyst, Lightbank, and Founder Collective.
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