About SmartSynch
SmartSynch is a company based in Jackson (United States) founded in 1998 was acquired by Itron in February 2012.. SmartSynch has raised $76 million across 8 funding rounds from investors including J P Morgan, Credit Suisse and Itron. SmartSynch operates in a competitive market with competitors including Sagemcom, Ubiik, Semitech Semiconductor, Firecomms and Smart DCC, among others.
- Headquarter Jackson, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
- Legal Name Smartsynch Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$76 M (USD)
in 8 rounds
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Latest Funding Round
$25.67 M (USD), Debt – Conventional
Feb 22, 2011
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Investors
J P Morgan
& 11 more
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Employee Count
Employee Count
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Acquired by
Itron
(Feb 15, 2012)
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Funding Insights of SmartSynch
SmartSynch has successfully raised a total of $76M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $25.67 million completed in February 2011. 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 8
- Last Round Debt – Conventional — $25.7M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2011 | Amount | Debt – Conventional - SmartSynch | Valuation |
investors |
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| Mar, 2010 | Amount | Series D - SmartSynch | Valuation |
investors |
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| May, 2008 | Amount | Series D - SmartSynch | Valuation | Credit Suisse , Southern Farm Bureau Life Insurance |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 SmartSynch
SmartSynch has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include J P Morgan, Credit Suisse and Itron. 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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Founded Year | Domain | Location | |
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Early-stage investments are made in US companies across key sectors.
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Founded Year | Domain | Location | |
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Venture investments in systems, infrastructure, and applications for enterprise founders.
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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 SmartSynch
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
Financial Statements - SmartSynch
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Smartsynch Comparisons
Competitors of SmartSynch
SmartSynch 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 Sagemcom, Ubiik, Semitech Semiconductor, Firecomms and Smart DCC, 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 |
Provider of IoT gateways and smart energy meters
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| domain | founded_year | HQ Location |
Electricity monitoring systems for smart cities are provided.
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| domain | founded_year | HQ Location |
System-on-Chip solutions for smart grid power line communication are provided.
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| domain | founded_year | HQ Location |
Optical networking equipment for smart grids is supplied.
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| domain | founded_year | HQ Location |
Operates smart meter network for energy data and infrastructure services in Britain.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SmartSynch
When was SmartSynch founded?
SmartSynch was founded in 1998 and raised its 1st funding round 2 years after it was founded.
Where is SmartSynch located?
SmartSynch is headquartered in Jackson, United States. It is registered at Jackson, Mississippi, United States.
Is SmartSynch a funded company?
SmartSynch is a funded company, having raised a total of $76M across 8 funding rounds to date. The company's 1st funding round was a Series D of $20M, raised on Feb 01, 2000.
What does SmartSynch do?
SmartSynch was established in 1998 and is headquartered in Jackson, United States. Operations focus on the utilities sector, where communication systems for smart grids are developed. IP-enabled devices, such as Smart Meters used for monitoring interval schedules and exceptions, are provided. Integrated electricity meters like GE kV2c, Elster A3, and Itron SENTINEL with wireless modules are included in offerings. The GridRouter functions as a scalable hub for grid communications.
Who are the top competitors of SmartSynch?
SmartSynch's top competitors include Sagemcom, Ubiik and Semitech Semiconductor.
Who are SmartSynch's investors?
SmartSynch has 12 investors. Key investors include J P Morgan, Credit Suisse, Itron, OPG Power Ventures, and Battelle Ventures.
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