Skio

New York, United States Founded: 2021 • Age: 5 yrs Acquired By Recharge
Subscriptions platform is provided for Shopify merchants by Skio.

About Skio

Skio is a company based in New York (United States) founded in 2021 was acquired by Recharge in May 2026.. Skio has raised $3.7 million across 1 funding round from investors including GetRecharge, Adjacent and Daniel Rutberg. Skio offers products and services including Subscription Platform, SkioSMS, Journeys, and Analytics Dashboard. Skio operates in a competitive market with competitors including Upscribe, Subscribfy, Seal Subscriptions, RecurrinGO and Rekaching, among others.

  • Headquarter New York, United States
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.7 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.7 M (USD), Seed

    Dec 23, 2021

  • Investors
    GetRecharge

    & 8 more

  • Employee Count
    Employee Count
  • Acquired by
    Recharge

    (May 01, 2026)

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Products & Services of Skio

Skio offers a comprehensive portfolio of products and services, including Subscription Platform, SkioSMS, Journeys, and Analytics Dashboard. 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.

Primary

Manages subscriptions and boosts conversions for online stores

Delivers real-time updates and actions via text for subscribers

Automates subscription lifecycle processes like discounts and workflows

Provides insights for subscription performance and customer segments

People of Skio
Headcount 10-50
Employee Profiles 26
Employee Profiles
People
Adrian Balakumar
Senior Account Executive
People
Atul Amresh
Customer Experience Specialist
People
Benjamin Morrissey
Manager Of Merchant Success
People
Helen Ahrens
Senior Manager Of Customer Success

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Funding Insights of Skio

Skio has successfully raised a total of $3.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.7 million completed in December 2021. 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 Rounds 1
  • Last Round Seed — $3.7M
  • First Round

    (23 Dec 2021)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2021 Amount Seed - Skio Valuation Adjacent
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 Skio

Skio has secured backing from 9 investors, including institutional and angel investors. Prominent investors backing the company include GetRecharge, Adjacent and Daniel Rutberg. 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
Institutional
Angel
Investor Description Founded Year Domain Location
-
Founded Year Domain Location

Daniel Rutberg

Angel investor focusing on Indian startups, experienced in tech and innovation.
Founded Year Domain Location

Moody Nashawaty

-
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 Skio

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

Financial Statements - Skio

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

Skio Comparisons

Employees
+
Add Comparison
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Competitors of Skio

Skio 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 Upscribe, Subscribfy, Seal Subscriptions, RecurrinGO and Rekaching, 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
Subscription solutions for Shopify businesses are provided.
domain founded_year HQ Location
Offers retention tech for brands to create memberships, subscriptions, and loyalty programs.
domain founded_year HQ Location
Offers subscription management solutions tailored for Shopify businesses.
domain founded_year HQ Location
Manages subscriptions for Shopify stores to generate recurring revenue.
domain founded_year HQ Location
Delivers comprehensive software suites for subscription-based Shopify businesses to enhance operations.
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 Skio

Goldman Sachs acquires majority stake in Synthon BV.
Finanznachrichten1 year ago

Frequently Asked Questions about Skio

When was Skio founded?

Skio was founded in 2021.

Where is Skio located?

Skio is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Skio a funded company?

Skio is a funded company, having raised a total of $3.7M across 1 funding round to date. The company's 1st funding round was a Seed of $3.7M, raised on Dec 23, 2021.

What does Skio do?

Skio was founded in 2021 and is headquartered in New York, United States. A subscriptions solution is offered for Shopify-based e-commerce businesses, with features such as brand customization, integrated checkout processes, payments management, product bundling, and upselling tools. Integration with existing Shopify stores is enabled, allowing control over subscription settings for merchants and customers. The platform operates on a subscription-based model within the e-commerce sector.

Who are the top competitors of Skio?

Skio's top competitors include Upscribe, Subscribfy and Seal Subscriptions.

What products or services does Skio offer?

Skio offers Subscription Platform, SkioSMS, Journeys, and Analytics Dashboard.

Who are Skio's investors?

Skio has 9 investors. Key investors include GetRecharge, Adjacent, Daniel Rutberg, Moody Nashawaty, and Shaan Puri.

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