SilverSun Technologies

East Hanover, United States Founded: 1988 • Age: 38 yrs
Provider of data management services
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About SilverSun Technologies

SilverSun Technologies is a company based in East Hanover (United States) founded in 1988.. The company has 165 employees as of March 31, 2022. SilverSun Technologies has completed 1 acquisition, including Prairie Technology Solutions Group. SilverSun Technologies operates in a competitive market with competitors including EXL, Artefact, LatentView, Superconductive and Analytics Engines, among others.

  • Headquarter East Hanover, United States
  • Employees 165 as on 31 Mar, 2022
  • Stage Public
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Legal Name Silversun Technologies, Inc.
Operational Areas
Business Services → Digital Transformation & IT Services
Key Metrics
  • Annual Revenue
    $44.99 M
    8
    as on Dec 31, 2022
  • Net Profit
    $-282.22 K
    -110
    as on Dec 31, 2022
  • EBITDA
    $563.59 K
    -13
    as on Dec 31, 2022
  • Latest Funding Round
    $1 B (USD), Post-IPO

    Dec 04, 2023

  • Investors
  • Employee Count
    165

    as on Mar 31, 2022

  • Investments & Acquisitions
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People of SilverSun Technologies
Headcount 1-10
Employee Profiles 2
Board Members and Advisors 3
Employee Profiles
People
Mark Meller
Chairman, President & CEO
People
Joseph Macaluso
CFO

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Board Members and Advisors
people
Stanley Wunderlich
Independent Director

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Teams

Funding Insights of SilverSun Technologies

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $1.0B
  • First Round

    (04 Dec 2023)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2023 Amount Post-IPO - SilverSun Technologies Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are managed by Jacobs Private Equity.
Founded Year Domain Location
Investment services are offered to ambitious builders worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

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. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
IT service suite solutions are provided to clients.
2005
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - SilverSun Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Silversun Technologies Comparisons

Employees
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Competitors of SilverSun Technologies

SilverSun Technologies 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 EXL, Artefact, LatentView, Superconductive and Analytics Engines, 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
Analytics and digital solutions for healthcare and banking are provided.
domain founded_year HQ Location
Digital marketing services provider
domain founded_year HQ Location
AI-driven data analytics solutions are delivered across multiple sectors.
domain founded_year HQ Location
Provider of document management services
domain founded_year HQ Location
AI and data analytics services are provided to various clients.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Silversun Technologies

Frequently Asked Questions about SilverSun Technologies

When was SilverSun Technologies founded?

SilverSun Technologies was founded in 1988 and raised its 1st funding round 35 years after it was founded.

Where is SilverSun Technologies located?

SilverSun Technologies is headquartered in East Hanover, United States. It is registered at East Hanover, New Jersey, United States.

How many employees does SilverSun Technologies have?

As of Mar 31, 2022, the latest employee count at SilverSun Technologies is 165.

What is the annual revenue of SilverSun Technologies?

Annual revenue of SilverSun Technologies is $44.99M as on Dec 31, 2022.

What does SilverSun Technologies do?

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.

Who are the top competitors of SilverSun Technologies?

SilverSun Technologies's top competitors include EXL, LatentView and Artefact.

How many acquisitions has SilverSun Technologies made?

SilverSun Technologies has made 1 acquisition, including Prairie Technology Solutions Group.

Who are SilverSun Technologies's investors?

SilverSun Technologies has 2 investors. Key investors include Jacobs Private Equity, and Sequoia Heritage.

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