About Shym
Shym is a company based in Needham (United States) founded in 1998 was acquired by Authentica in December 2001.. Shym has raised $29.4 million across 3 funding rounds from investors including 3i Group, Canaan and Authentica.
- Headquarter Needham, United States
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29.4 M (USD)
in 3 rounds
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Latest Funding Round
$17.75 M (USD), Series C
Mar 26, 2001
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Investors
3i Group
& 4 more
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Employee Count
Employee Count
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Acquired by
Authentica
(Dec 13, 2001)
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Funding Insights of Shym
Shym has successfully raised a total of $29.4M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $17.75 million completed in March 2001. 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 C — $17.8M
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First Round
First Round
(17 Aug 1998)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2001 | Amount | Series C - Shym | Valuation | 3i Group | |
| Jun, 1999 | Amount | Series B - Shym | Valuation | Canaan | |
| Aug, 1998 | Amount | Series A - Shym | Valuation | Venrock , North Bridge Venture Partners |
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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 Shym
Shym has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include 3i Group, Canaan and Authentica. 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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Private equity firm focused on mid-market businesses
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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 to growth 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 Shym
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - Shym
| 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 |
Shym Comparisons
Competitors of Shym
| 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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Frequently Asked Questions about Shym
When was Shym founded?
Shym was founded in 1998.
Where is Shym located?
Shym is headquartered in Needham, United States. It is registered at Needham, Massachusetts, United States.
Is Shym a funded company?
Shym is a funded company, having raised a total of $29.4M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.85M, raised on Aug 17, 1998.
What does Shym do?
Founded in 1998, Shym operates in the cybersecurity sector from Needham, United States. Plug-in security solutions are provided for enterprise applications, enabling integration and deployment with programs featuring diverse security and encryption capabilities. Trust management tools are included to support secure interactions across varied software environments. Operations focus on facilitating reliable program interoperability without compromising data protection.
Who are Shym's investors?
Shym has 5 investors. Key investors include 3i Group, Canaan, Authentica, Venrock, and North Bridge Venture Partners.
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