About RoadSync
RoadSync is a company based in Atlanta (United States) founded in 2015 by Ryan Droege.. RoadSync has raised $38.2 million across 3 funding rounds from investors including Hyde Park Venture Partners, Tiger Global and Base10 Partners. RoadSync offers products and services including RoadSync Checkout, RoadSync Pay, and RoadSync Driver. RoadSync operates in a competitive market with competitors including Bill.com, AvidXchange, Billtrust, Paymentus and PayStand, among others.
- Headquarter Atlanta, United States
- Founders Ryan Droege
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Sectors
TechnologyFinancial Services
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Phone
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Website
*********
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Social
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- Legal Name Roadsync, 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
$38.2 M (USD)
in 3 rounds
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Latest Funding Round
$30 M (USD), Series B
Jun 24, 2021
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Investors
Hyde Park Venture Partners
& 5 more
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Employee Count
Employee Count
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Products & Services of RoadSync
RoadSync offers a comprehensive portfolio of products and services, including RoadSync Checkout, RoadSync Pay, and RoadSync Driver. 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.
Processes various payments for logistics transactions quickly and securely.
Enables fast payments and multiple methods for supply chain operations.
Manages receipts and expenses for drivers on mobile devices efficiently.
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Funding Insights of RoadSync
RoadSync has successfully raised a total of $38.2M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in June 2021. 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 B — $30.0M
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First Round
First Round
(08 Feb 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series B - RoadSync | Valuation | Tiger Global Management | |
| Feb, 2020 | Amount | Series A - RoadSync | Valuation | Base10 Partners | |
| Feb, 2018 | Amount | Series A - RoadSync | 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 RoadSync
RoadSync has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Hyde Park Venture Partners, Tiger Global and Base10 Partners. 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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Early-stage venture capital is invested in Midwest technology startups.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Investments are managed by Base10 Partners in technology for the real economy, with operations in finance, food, retail, and related 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 RoadSync
| 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 - RoadSync
| 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 |
Roadsync Comparisons
Competitors of RoadSync
RoadSync 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 Bill.com, AvidXchange, Billtrust, Paymentus and PayStand, 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 accounts payable and receivable software 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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| domain | founded_year | HQ Location |
Invoice and payment management solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Comprehensive billing and payment solution provider
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| domain | founded_year | HQ Location |
Payment processing for bitcoin, e-checks, and credit cards is facilitated.
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| domain | founded_year | HQ Location |
Cloud-based purchase approval management software is provided 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 Roadsync
Frequently Asked Questions about RoadSync
When was RoadSync founded?
RoadSync was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is RoadSync located?
RoadSync is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of RoadSync?
Robin Gregg is the current CEO of RoadSync.
Is RoadSync a funded company?
RoadSync is a funded company, having raised a total of $38.2M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on Feb 08, 2018.
What does RoadSync do?
RoadSync was founded in 2015 in Atlanta, United States. Accounts receivable solutions are delivered to businesses in transportation and logistics sectors. Invoices are generated and distributed via mail or SMS, while payments are processed using credit or debit cards. Services are extended to warehouse and freight handlers, repair and tow shops, drivers, and owner-operators. An app-based platform is offered for iOS and Android devices to handle these operations.
Who are the top competitors of RoadSync?
RoadSync's top competitors include Bill.com, AvidXchange and Paymentus.
What products or services does RoadSync offer?
RoadSync offers RoadSync Checkout, RoadSync Pay, and RoadSync Driver.
Who are RoadSync's investors?
RoadSync has 6 investors. Key investors include Hyde Park Venture Partners, Tiger Global, Base10 Partners, Gaingels, and Endeavor.