About Silo
Silo is a company based in San Francisco (United States) founded in 2017 by Ashton Braun. It operates as a SaaS (Software-as-a-Service) and Pay-per-Use / Usage-Based. Silo has raised $44 million across 5 funding rounds from investors including First Citizens Bank, Tribe Capital and Jefferies. The company has 56 employees as of December 31, 2021. Silo has completed 1 acquisition, including Bandit ML. Silo offers products and services including Inventory Management, Accounting, and Silo Pay. Silo operates in a competitive market with competitors including Zenput, Ocado Group, Cheetah, SPS Commerce and Full Harvest, among others.
- Headquarter San Francisco, United States
- Employees 56 as on 31 Dec, 2021
- Founders Ashton Braun
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Sectors
RetailConsumer
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Silo Technologies, Inc.,
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$44 M (USD)
in 5 rounds
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Latest Funding Round
$32 M (USD), Series C
Jul 12, 2023
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Investors
First Citizens Bank
& 13 more
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Employee Count
56
as on Dec 31, 2021
- Investments & Acquisitions
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Products & Services of Silo
Silo offers a comprehensive portfolio of products and services, including Inventory Management, Accounting, and Silo Pay.
Inventory visibility is provided for perishable food businesses.
Financial tracking is enabled for food supply operations.
Fast payments are facilitated for supply chain businesses.
People of Silo
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Software Development Team
7 people
Leadership Team
2 people
Head Team
1 people
Manager Team
1 people
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Funding Insights of Silo
Silo has successfully raised a total of $44M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $32 million completed in July 2023. 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.
Investors in Silo
Silo has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include First Citizens Bank, Tribe Capital and Jefferies.
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Multiple sectors are invested in by the venture capital firm.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Multiple-stage venture capital investments are managed by Haystack.
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Investor details for Silo
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Silo
Silo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bandit ML.
Investment portfolio details for Silo
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of marketing solution for e-commerce businesses
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Locked | Locked | 2019 | Locked |
Complete acquisition details for Silo
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - Silo
Detailed financials for Silo
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- Profit trends
- Statement rows
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Silo Comparisons
Peer comparison for Silo
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Competitors of Silo
Silo 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 Zenput, Ocado Group, Cheetah, SPS Commerce and Full Harvest, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Zenput is utilized as an operations execution platform for multi-unit operators.
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Software solutions for online grocery fulfillment and operations are provided.
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Groceries for restaurants are sourced via an online platform.
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Software suite solutions for retail supply chain are provided.
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B2B marketplace for imperfect food produced
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Detailed competitors of Silo
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- Full company profiles
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- Competitive positioning
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Latest news on Silo
Complete news archive for Silo
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- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Silo
Silo was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Silo is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Ashton Braun is the current CEO of Silo. They have also founded this company.
Silo is a funded company, having raised a total of $44M across 5 funding rounds to date.
As of Dec 31, 2021, the latest employee count at Silo is 56.
Purpose-built software is offered by Silo for the food supply chain. Real-time operational insights are enabled to unlock cash flow and support growth. Inventory management, accounting, and payment solutions are included in the offerings. The platform serves businesses across 85 countries, focusing on perishable goods. Seamless integration with existing systems is ensured, alongside superior customer support. Sectors such as agriculture and food distribution are primarily targeted.
Silo's top competitors include SPS Commerce, Zenput and Confident Cannabis.
Silo offers Inventory Management, Accounting, and Silo Pay.
Silo has made 1 acquisition, including Bandit ML.
Silo has 14 investors. Key investors include First Citizens Bank, Tribe Capital, Jefferies, Koch Disruptive Technologies, and Seven Seven Six.