About SION
SION is a company based in Oceanport (United States) founded in 2018 was acquired by Ballarpur Industries in March 2026. SION has raised $9.65 million across 2 funding rounds from investors including Bilt, TIA Ventures and SmartFlyer. The company has 2 employees. SION offers products and services including Commission Tracking, Commission Reconciliation, Commission Chasing, and Agent Statements.
- Headquarter Oceanport, United States
- Employees 2
- SectorsTravel & Hospitality
- Website sioncentral.com
- Social LinkedIn Instagram
- Acquired by Ballarpur Industries (Mar 2026)
- Legal Name Sion
- Total Equity Funding$9.65M (USD)
in 2 rounds
- Latest Funding Round$8.35M (USD), Series A
Aug 2022
- InvestorsBilt
& 3 more
- Employee Count2
- Acquired byBallarpur Industries
(Mar 2026)
Products & Services of SION
SION offers a comprehensive portfolio of products and services, including Commission Tracking, Commission Reconciliation, Commission Chasing, and Agent Statements.
Real-time data tool for monitoring bookings and commissions.
Automates matching of payments and reviews for accuracy.
Generates and sends invoices to suppliers automatically.
Automates commission splits and advisor notifications.
Funding Insights of SION
SION has successfully raised a total of $9.65M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8.35 million completed in August 2022. 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 $9.65M
- Total Rounds 2
- Last Round Series A — $8.35M
- First Round $1.3M
(Jun 2020)
- Investors Count 3
All 2 funding rounds of SION 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 |
|---|---|---|---|---|---|
| Aug 2022 | $8.35M | Series A | – | TIA Ventures | |
| Jun 2020 | $1.3M | Seed | – | – | – |
4 investors in total: 4 institutional.
Investors in SION
SION has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Bilt, TIA Ventures and SmartFlyer.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed by TIA Ventures toward early-stage tech startups. | – | tiaventures.com | New York, United States | |
- | – | smartflyer.com | - | |
Luxury travel advisory services are provided by Virtuoso. | – | virtuoso.com | - | |
Writing and printing paper is manufactured and supplied across India. | 1942 | bilt.com | Gurugram, India |
Investor details for SION
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SION
11 people are tracked at SION (7 in leadership, 4 in team); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Irving Betesh | Co-Founder, CEO | Leadership |
Alfons Musry | Co-Founder, COO | Leadership |
Mark Nauroth | Co-Founder, CTO | Leadership |
Gail Concepcion Lugtu | Vice President of Partnerships | Leadership |
Randy Masters | VP, Travel Technology | Leadership |
Charles Orlando | Vice President of Marketing | Leadership |
Laura Mandinach | Head Of Customer Success | Leadership |
Badral Ulziitogtokh | Java Developer | Team |
Francisco Quintero Abbo | Senior Frontend Developer | Team |
Kevin Bigelow | Senior Frontend Developer II | Team |
Joshua Martinez | Senior Frontend Developer | Team |
Complete people profiles for SION
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of SION
4 dated milestones of SION across 8 years, from founding to its latest funding, stage changes and deals.
- Founded SION is founded.
- Funding First funding round of $1.3M.
- Funding Latest funding round, Series A, of $8.3M.
- Exit Acquired by Ballarpur Industries.
Web traffic of SION
The website of SION (sioncentral.com) receives about 13.5K visits a month.
- Monthly visits13.5K
▲ 8.4% vs previous month
Latest news on Sion
Complete news archive for SION
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to SION
10 companies that operate in the same segment as SION (Online Travel), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 4,543 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | – |
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Frequently Asked Questions about SION
SION was founded in 2018 and raised its 1st funding round 2 years after it was founded.
SION is headquartered in Oceanport, United States. It is registered at Oceanport, New Jersey, United States.
SION is a funded company, having raised a total of $9.65M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Jun 2020.
SION has 2 employees.
Founded in 2018, SION operates as a SaaS provider specializing in commission management for the travel industry. Based in Oceanport, United States, the platform handles payment tracking, invoicing, and automation processes. Services are tailored to streamline financial operations for travel agents, supporting efficient commission handling across various workflows. The company focuses on software tools that integrate these functions into a centralized system.
SION offers Commission Tracking, Commission Reconciliation, Commission Chasing, and Agent Statements.
SION has 4 investors. Key investors include Bilt, TIA Ventures, SmartFlyer, and Virtuoso.
SION operates through Sion.
Yes. SION was acquired by Ballarpur Industries in March 2026.