About SilverSun Technologies
SilverSun Technologies is a publicly listed company based in East Hanover (United States) founded in 1988. Provider of data management services. The company has 165 employees. SilverSun Technologies has completed 1 acquisition, including Prairie Technology Solutions Group. Its focus areas include Digital Transformation Services. Its legal entity is SILVERSUN TECHNOLOGIES, INC. Its competitors include EXL, Superconductive and Brooklyn Data; 2 of its 3 listed competitors have raised funding.
Company details
SilverSun Technologies was founded in 1988 and is headquartered in East Hanover, United States. Operations are centered in the information technology sector, where data management services are delivered to support business needs. These services encompass data processing, storage, and analysis solutions tailored for enterprise environments. The company maintains a focus on reliable infrastructure and compliance standards across its U.S.-based activities, serving clients in multiple industries without international expansion noted.
- Headquarters East Hanover, United States
- Employees 165
- Stage Public
- SectorsBusiness Services
- Website silversuntech.com
- Legal Name Silversun Technologies, Inc.
- Annual Revenue$44.99 M (USD)8as on Dec 31, 2022
- Net Profit-$282.22 K (USD)-110as on Dec 31, 2022
- EBITDA$563.59 K (USD)-13as on Dec 31, 2022
- Latest Funding Round$1B (USD), Post-IPO
Dec 2023
- InvestorsJacobs Private Equity
& 1 more
- Employee Count165
- Investments & Acquisitions
Funding Insights of SilverSun Technologies
- Total Rounds 1
- Last Round Post-IPO — $1B
- First Round $1B
(Dec 2023)
- Investors Count 2
All 1 funding rounds of SilverSun Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $1B | Post-IPO | – | – |
2 investors in total: 2 institutional.
Investors in SilverSun Technologies
SilverSun Technologies has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Jacobs Private Equity and Sequoia Heritage.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are managed by Jacobs Private Equity. | jpe.com | Greenwich, United States | ||
Investment services are offered to ambitious builders worldwide. | schf.com | Menlo Park, United States |
Investor details for SilverSun Technologies
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People of SilverSun Technologies
5 people are tracked at SilverSun Technologies (2 in leadership, 3 in board & advisors); the tracked headcount is 165.
| Name | Role | Group |
|---|---|---|
Mark Meller | Chairman, President & CEO | Leadership |
Joseph Macaluso | CFO | Leadership |
Kenneth E. Edwards | Director | Board & advisors |
John Schachtel | Director | Board & advisors |
Stanley Wunderlich | Independent Director | Board & advisors |
Complete people profiles for SilverSun Technologies
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Investments & Acquisitions by SilverSun Technologies
SilverSun Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Prairie Technology Solutions Group.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
IT service suite solutions are provided to clients. | prairie-tech.net | Burr Ridge, United States | 2005 | Aug 2020 | •••• |
Complete acquisition details for SilverSun Technologies
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Timeline of SilverSun Technologies
4 dated milestones of SilverSun Technologies across 35 years, from founding to its latest funding, stage changes and deals.
- Founded SilverSun Technologies is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Prairie Technology Solutions Group.
- Funding First funding round of $1.0B.
Competitors of SilverSun Technologies
SilverSun Technologies has 3 listed competitors in our database, 2 of them funded. They include EXL, Superconductive and Brooklyn Data.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| exlservice.com | 1999 | New York, United States | $10M | 21,544 | Analytics and digital solutions for healthcare and banking are provided. | |
| superconductive.com | 2017 | Redwood, United States | $61M | Provider of document management services | ||
| brooklyndata.co | 2018 | Beaverton, United States | Data analytics consulting services are provided to various clients. |
Detailed competitors of SilverSun Technologies
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Top companies in Digital Transformation & Automation Services
3 companies that operate in the same segment as SilverSun Technologies (Digital Transformation & Automation Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Enterprise AI models are developed and tuned for business integration. | 2022 | Palo Alto, California, United States | USD 1.53 B | 84 | ||
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | Aliso Viejo, California, United States | USD 250 M | USD 59.61 M | 1,905 |
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Related news about Silversun Technologies
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Frequently Asked Questions about SilverSun Technologies
SilverSun Technologies was founded in 1988 and raised its 1st funding round 35 years after it was founded.
SilverSun Technologies is headquartered in East Hanover, United States. It is registered at East Hanover, New Jersey, United States.
SilverSun Technologies has 165 employees.
Annual revenue of SilverSun Technologies is $44.99M as on Dec 31, 2022.
SilverSun Technologies was founded in 1988 and is headquartered in East Hanover, United States. Operations are centered in the information technology sector, where data management services are delivered to support business needs. These services encompass data processing, storage, and analysis solutions tailored for enterprise environments. The company maintains a focus on reliable infrastructure and compliance standards across its U.S.-based activities, serving clients in multiple industries without international expansion noted.
SilverSun Technologies's top competitors include EXL, Brooklyn Data and Superconductive.
SilverSun Technologies has made 1 acquisition, including Prairie Technology Solutions Group.
SilverSun Technologies has 2 investors. Key investors include Jacobs Private Equity, and Sequoia Heritage.
SilverSun Technologies operates through Silversun Technologies, Inc..