About Sincere
Sincere is a company based in Framingham (United States) founded in 1997. It operates as a SaaS (Software-as-a-Service), and Freemium. Sincere has completed 1 acquisition, including Timehop. Sincere offers products and services including Punchbowl, Lovebird, Timehop, and Memento. Sincere operates in a competitive market with competitors including AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.
- Headquarter Framingham, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Sincere Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$8 M (USD), Debt – Conventional
Oct 23, 2024
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Sincere
Sincere offers a comprehensive portfolio of products and services, including Punchbowl, Lovebird, Timehop, and Memento. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online invitations and cards are offered for celebrations.
Elegant wedding communication tools are provided for couples.
Past memories are revisited through digital content daily.
Group videos and shared albums are created collaboratively.
Funding Insights of Sincere
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $8.0M
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First Round
First Round
(23 Oct 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2024 | Amount | Debt – Conventional - Sincere | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Sincere
Sincere has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SG Credit Partners. 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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Working capital, term, and small business loans are provided.
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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 Sincere
Sincere has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Timehop. 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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Feed Aggregator
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2011 |
| 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 - Sincere
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Sincere Comparisons
Competitors of Sincere
Sincere 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 AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, 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 |
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Integrated digital marketing campaigns are developed and executed across channels.
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Software development services are provided by Unicorn in Prague.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Platform offering digital textbooks for students
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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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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sincere
Frequently Asked Questions about Sincere
When was Sincere founded?
Sincere was founded in 1997 and raised its 1st funding round 27 years after it was founded.
Where is Sincere located?
Sincere is headquartered in Framingham, United States. It is registered at Framingham, Massachusetts, United States.
What does Sincere do?
A portfolio of digital brands is managed by Sincere Corporation, focusing on technology solutions for family milestones, celebrations, and memory preservation. Platforms for online invitations, wedding communications, digital nostalgia, and group memory sharing are developed. The company operates in the tech sector, emphasizing innovative tools that connect people emotionally. Support for community initiatives through a foundation is also provided.
Who are the top competitors of Sincere?
Sincere's top competitors include RedShelf, Unicorn and Hedgehog lab.
What products or services does Sincere offer?
Sincere offers Punchbowl, Lovebird, Timehop, and Memento.
How many acquisitions has Sincere made?
Sincere has made 1 acquisition, including Timehop.
Who are Sincere's investors?
Sincere has 1 investor. Key investors include SG Credit Partners.