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 as of December 31, 2023. SION offers products and services including Commission Tracking, Commission Reconciliation, Commission Chasing, and Agent Statements.
- Headquarter Oceanport, United States
- Employees 2 as on 31 Dec, 2023
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sion
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.65 M (USD)
in 2 rounds
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Latest Funding Round
$8.35 M (USD), Series A
Aug 31, 2022
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Investors
Bilt
& 3 more
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Employee Count
2
as on Dec 31, 2023
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Acquired by
Ballarpur Industries
(Mar 11, 2026)
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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.
People of SION
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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 Total Funding
- Total Rounds 2
- Last Round Series A — $8.3M
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First Round
First Round
(01 Jun 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - SION | Valuation | TIA Ventures | |
| Jun, 2020 | Amount | Seed - SION | Valuation |
investors |
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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 |
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Investments are directed by TIA Ventures toward early-stage tech startups.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Luxury travel advisory services are provided by Virtuoso.
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Founded Year | Domain | Location |
Investments & Acquisitions by SION
Financial Statements - SION
Sion Comparisons
Competitors of SION
Latest news on Sion
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 01, 2020.
As of Dec 31, 2023, the latest employee count at SION is 2.
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.