About Sigma Systems
Sigma Systems is a company based in Toronto (Canada) founded in 1996 was acquired by Hansen Technologies in May 2019.. Sigma Systems has raised $21 million across 3 funding rounds from investors including Morgan Stanley, Kleiner Perkins and Hansen Technologies. The company has 379 employees as of April 07, 2024. Sigma Systems has completed 1 acquisition, including Tribold. Sigma Systems operates in a competitive market with competitors including PandaDoc, Conga, Neusoft, Synchronoss and Apttus, among others.
- Headquarter Toronto, Canada
- Employees 379 as on 07 Apr, 2024
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Sectors
TelecommunicationsTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hansen Systems Private Limited
- Date of Incorporation 17 Jun, 2015
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$10.8 M (USD)16.48as on Mar 31, 2023
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Net Profit
$1.23 M (USD)28.16as on Mar 31, 2023
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EBITDA
$1.95 M (USD)28.01as on Mar 31, 2023
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Total Equity Funding
$21 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Morgan Stanley
& 6 more
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Employee Count
379
as on Apr 07, 2024
- Investments & Acquisitions
- Acquired by
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Funding Insights of Sigma Systems
Sigma Systems has successfully raised a total of $21M across 3 strategic funding rounds. 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 Last Round
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First Round
First Round
(22 Aug 2000)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Series C - Sigma Systems | Valuation |
investors |
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| Feb, 2001 | Amount | Series B - Sigma Systems | Valuation |
investors |
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| Aug, 2000 | Amount | Series A - Sigma Systems | 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 Sigma Systems
Sigma Systems has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, Kleiner Perkins and Hansen Technologies. 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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Technology investments and expertise in networking, cloud, and security services.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Private equity investments are directed toward growth-stage companies across 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 Sigma Systems
Sigma Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tribold. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Enterprise product management software is provided for communication service providers.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sigma Systems
| 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 |
Sigma Systems Comparisons
Competitors of Sigma Systems
Sigma Systems 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 PandaDoc, Conga, Neusoft, Synchronoss and Apttus, 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 |
Document workflows are automated and managed for sales teams.
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| domain | founded_year | HQ Location |
Contract lifecycle management is facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
IT solutions and services are provided to multiple industries.
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| domain | founded_year | HQ Location |
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
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| domain | founded_year | HQ Location |
Quote-to-cash solutions 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 Sigma Systems
Frequently Asked Questions about Sigma Systems
When was Sigma Systems founded?
Sigma Systems was founded in 1996 and raised its 1st funding round 4 years after it was founded.
Where is Sigma Systems located?
Sigma Systems is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Sigma Systems a funded company?
Sigma Systems is a funded company, having raised a total of $21M across 3 funding rounds to date. The company's 1st funding round was a Series A of $21M, raised on Aug 22, 2000.
How many employees does Sigma Systems have?
As of Apr 07, 2024, the latest employee count at Sigma Systems is 379.
What is the annual revenue of Sigma Systems?
Annual revenue of Sigma Systems is $10.8M as on Mar 31, 2023.
What does Sigma Systems do?
Offers a channel sales management solution for media and tech enterprises. Module include Sigma Catalog (allows enterprises to managing creating entire product portfolio), Sigma CPQ (allows enterprises to configure, price and quote complex orders in real-time), Sigma Order management (allows enterprise to manage orders across multiple channels) and Sigma Cloud Broker service (allows enterprise to deliver personalized business bundles to customers). Also offers network provisioning and analytics solutions for the service providers. Customers include Vodafone, Telenor, Viasat, and TeliaSonera.
Who are the top competitors of Sigma Systems?
How many acquisitions has Sigma Systems made?
Sigma Systems has made 1 acquisition, including Tribold.
Who are Sigma Systems's investors?
Sigma Systems has 7 investors. Key investors include Morgan Stanley, Kleiner Perkins, Hansen Technologies, Birch Hill Equity Partners, and Cisco Investments.
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