About Kryon
Kryon is a company based in New York (United States) founded in 2008 was acquired by Nintex in February 2022.. Kryon has raised $59 million across 4 funding rounds from investors including Aquiline Capital Partners, Nintex and Oak HC/FT. The company has 10 employees as of December 31, 2018. Kryon offers products and services including Robotic Process Automation and Nintex Automation CE. Kryon operates in a competitive market with competitors including UiPath, HyperScience, Automation Anywhere, Blue Prism and Aisera, among others.
- Headquarter New York, United States
- Employees 10 as on 31 Dec, 2018
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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
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$59 M (USD)
in 4 rounds
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Latest Funding Round
$40 M (USD), Series C
Feb 26, 2019
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Investors
Aquiline Capital Partners
& 4 more
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Employee Count
10
as on Dec 31, 2018
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Acquired by
Nintex
(Feb 15, 2022)
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Products & Services of Kryon
Kryon offers a comprehensive portfolio of products and services, including Robotic Process Automation and Nintex Automation CE. 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 repetitive tasks using bots for improved efficiency
Platform for managing and optimizing business processes and workflows
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Software Development Team
75 people
Senior Team
24 people
Finance and Accounting
10 people
Sales and Marketing
10 people
Human Resources and Administration
8 people
Leadership Team
6 people
Product Management Team
6 people
Principal Team
5 people
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Funding Insights of Kryon
Kryon has successfully raised a total of $59M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in February 2019. 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 4
- Last Round Series C — $40.0M
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First Round
First Round
(01 Jun 2010)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Series C - Kryon | Valuation | Oak HC/FT | |
| Oct, 2017 | Amount | Series B - Kryon | Valuation |
investors |
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| Jun, 2013 | Amount | Series A - Kryon | 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 |
Investors in Kryon
Kryon has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Aquiline Capital Partners, Nintex and Oak HC/FT. 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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Investments are made in early-stage healthtech and fintech startups.
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Founded Year | Domain | Location | |
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Early & growth stage focused VC firm based out of New York
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Founded Year | Domain | Location | |
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Tech focused early stage VC firm investing in Israel
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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 Kryon
| 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 - Kryon
| 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 |
Kryon Comparisons
Competitors of Kryon
Kryon 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 UiPath, HyperScience, Automation Anywhere, Blue Prism and Aisera, 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 |
Cloud-based robotic process automation software is developed and provided.
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| domain | founded_year | HQ Location |
Document processing is automated through AI-based robotic platforms.
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| domain | founded_year | HQ Location |
An AI-based platform for robotic process automation is provided.
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| domain | founded_year | HQ Location |
Cloud-based platform for cognitive automation
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| domain | founded_year | HQ Location |
AI agent platform for enterprise task automation is provided.
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| domain | founded_year | HQ Location |
Provider of robotic process automation and chatbot solutions to automate work processes
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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 Kryon
Frequently Asked Questions about Kryon
When was Kryon founded?
Kryon was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Where is Kryon located?
Kryon is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Kryon a funded company?
Kryon is a funded company, having raised a total of $59M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1M, raised on Jun 01, 2010.
How many employees does Kryon have?
As of Dec 31, 2018, the latest employee count at Kryon is 10.
What does Kryon do?
Kyron Systems is a developer of Leo which uses Kyron Systems patented image recognition and OCR algorithms, to see the screen and interact with an application just as a person would. Supports both legacy and desktop or web-based applications. As an open platform, Leo can also integrate with databases as well as interface with underlying platforms. Leo studio is an authoring environment designed for the development and maintenance of advanced, in-application, performance improvement solutions. It allows for creating customized rule-based workflows. It was recognized as a sample vendor for Robotic Process Automation (RPA) in the Gartner Hype Cycle for Communications Service Provider Digital Service Enablement, 2016. Customers include the likes of HP, Time Warner Cable, Israel Electric, ATT, and Amadeus.
Who are the top competitors of Kryon?
Kryon's top competitors include UiPath, HyperScience and Automation Anywhere.
What products or services does Kryon offer?
Kryon offers Robotic Process Automation and Nintex Automation CE.
Who are Kryon's investors?
Kryon has 5 investors. Key investors include Aquiline Capital Partners, Nintex, Oak HC/FT, Aquiline Technology Growth, and Vertex Ventures Israel.
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