About Skyscend
Skyscend is a Financial Services company based in Atlanta (United States) founded in 2020 by Chayapathy Gangadarappa and Steve Roach. Provider of supply chain services. It operates in the Financial Services and Technology sectors. Skyscend has raised $1.9 million across 2 funding rounds. The company has 1 employees. Its chief executive, as recorded, is Chayapathy Gangadarappa. Its Indian entity Skyscend Pay Private Limited reported revenue of ₹66 Lakh. Skyscend offers products and services including Skyscend Pay, Working Capital, and Accounts Payable Automation. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Procure To Pay. Its competitors include Bill.com, AvidXchange and Taulia; 3 of its 3 listed competitors have raised funding.
Company details
Skyscend, founded in 2020 in Atlanta, United States, focuses on enterprise applications, scm software, spend management, procure to pay, and supply chain financing. Provider of supply chain services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Atlanta, United States
- Employees 1
- Founders Chayapathy Gangadarappa, Steve Roach
- SectorsFinancial ServicesTechnology
- Email••••••••
- Website skyscend.com
- Social LinkedIn X Facebook YouTube
- Legal Name Skyscend Pay Private Limited
- Date of Incorporation 19 Mar, 2021
- Jurisdiction Bengaluru, Karnataka, India
- Indian entity revenue₹66 Lakh
FY 2025 · -11% YoY
- Indian entity net profit₹6.1 Lakh
FY 2025 · 9% margin
- Indian entity EBITDA₹8.7 Lakh
FY 2025 · 13% margin
- Total Equity Funding$1.9M (USD)
in 2 rounds
- Latest Funding Round$2.78M (USD), Debt – Conventional
Feb 2022
- Employee Count1
Associated legal entities of Skyscend
Skyscend operates through Skyscend Pay Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Skyscend Pay Private Limited CIN U72900KA2021PTC145532 | Active | 19 Mar 2021 | Bengaluru, Karnataka | ₹0.7 Cr | 2 | View details |
Products & Services of Skyscend
Skyscend offers a comprehensive portfolio of products and services, including Skyscend Pay, Working Capital, and Accounts Payable Automation.
Facilitates early invoice payments and real-time processing.
Optimizes cash flow via supply chain financing tools.
Automates invoice management for improved efficiency.
Apps and channels of Skyscend
its YouTube channel Skyscend has 116 subscribers and 30 videos.
Videos from Skyscend
The most watched videos on Skyscend's YouTube channel, Skyscend (116 subscribers). Click a video to play it here.
More on Skyscend.
Funding Insights of Skyscend
Skyscend has successfully raised a total of $1.9M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.78 million completed in February 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 $1.9M
- Total Rounds 2
- Last Round Debt – Conventional — $2.78M
- First Round $1.9M
(Sep 2021)
All 2 funding rounds of Skyscend 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 |
|---|---|---|---|---|---|
| Feb 2022 | $2.78M | Debt – Conventional | – | – | – |
| Sep 2021 | $1.9M | Seed | – | – | – |
Board of directors of Skyscend Pay Private Limited (Skyscend)
Skyscend Pay Private Limited is the primary company behind Skyscend. The board of Skyscend Pay Private Limited currently have 2 directors; the longest-serving is Chayapathy Gangadarappa, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chayapathy Gangadarappa DIN 09113366 | Director | 19 Mar 2021 | 5 yrs 7 mo | Skyscend Pay Private Limited |
| Vinay Doggalli DIN 03587453 | Director | 19 Mar 2021 | 5 yrs 7 mo | Skyscend Pay Private Limited |
People of Skyscend
4 people are tracked at Skyscend (4 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Steve Roach | Co-Founder | Leadership |
Prateek Sollapur | Director, Corporate Strategy & Market Insights | Leadership |
Bob Zadek | President | Leadership |
Complete people profiles for Skyscend
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Verified entity values are shown only after access is granted.
Financials of Skyscend
Figures of Skyscend Pay Private Limited, the primary company behind Skyscend, for FY 2025. Revenue was ₹66 Lakh (-11% year on year). Net profit was ₹6.1 Lakh (9% margin). EBITDA was ₹8.7 Lakh (13% margin). Revenue has grown at a compounded annual rate of +24% over three years.
- ₹66 LakhRevenue · FY 2025 · -11% YoY
- ₹6.1 LakhNet profit · 9% margin
- ₹8.7 LakhEBITDA · 13% margin
- ₹10,000Paid-up capital
- +24%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Skyscend Pay Private Limited are on its company page.
Detailed financial statements for Skyscend
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Skyscend
3 dated milestones of Skyscend across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Skyscend is founded.
- Funding First funding round of $1.9M.
- Funding Latest funding round, Debt – Conventional, of $2.8M.
Competitors of Skyscend
Skyscend has 3 listed competitors in our database, 3 of them funded. They include Bill.com, AvidXchange and Taulia.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bill.com | 2006 | Palo Alto, United States | $325.6M | 1,384 | Cloud-based accounts payable and receivable software for businesses | |
| avidxchange.com | 2000 | Charlotte, United States | $1.18B | 1,714 | Accounts payable and payment automation solutions are offered for businesses. | |
| taulia.com | 2009 | San Francisco, United States | $220.46M | 185 | AI-based electronic invoicing and supply chain management solution for businesses |
Detailed competitors of Skyscend
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Skyscend
The website of Skyscend (skyscend.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 55.6% vs previous month
Top companies in Alternative Lending
3 companies that operate in the same segment as Skyscend (Alternative Lending) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | 1,487 |
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Related news about Skyscend
Complete news archive for Skyscend
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Frequently Asked Questions about Skyscend
Skyscend was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Skyscend is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Chayapathy Gangadarappa is the CEO of Skyscend, as recorded in our data. They have also founded this company.
Skyscend is a funded company, having raised a total of $1.9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.9M, raised on Sep 2021.
Skyscend has 1 employees.
The primary company behind Skyscend, Skyscend Pay Private Limited, reported revenue of ₹66 Lakh for FY 2025, down 11% year on year.
Skyscend, founded in 2020 in Atlanta, United States, focuses on enterprise applications, scm software, spend management, procure to pay, and supply chain financing. Provider of supply chain services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Skyscend's top competitors include Bill.com, AvidXchange and Taulia.
Skyscend offers Skyscend Pay, Working Capital, and Accounts Payable Automation.
Skyscend operates through Skyscend Pay Private Limited.
The legal entities of Skyscend currently have 2 directors, including Chayapathy Gangadarappa, Vinay Doggalli.