About Suncayr
Suncayr is a company based in Mississauga (Canada) founded in 2014 was acquired by Dig It Apparel in March 2021.. Suncayr has raised $1 million across 2 funding rounds from investors including Maple Leaf Angels, 43North and Wdyuk. Suncayr operates in a competitive market with competitors including Clear Clinical, Revelox, Mayfa, Canopi Sun Care and Veritao, among others.
- Headquarter Mississauga, Canada
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 2 rounds
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Latest Funding Round
$500 K (USD), Seed
Jan 03, 2018
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Investors
Maple Leaf Angels
& 2 more
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Employee Count
Employee Count
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Acquired by
Dig It Apparel
(Mar 01, 2021)
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Funding Insights of Suncayr
Suncayr has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in January 2018. 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 Seed — $500,000
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First Round
First Round
(06 Oct 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Seed - Suncayr | Valuation |
investors |
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| Oct, 2017 | Amount | Seed - Suncayr | Valuation |
investors |
| 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 Suncayr
Suncayr has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Maple Leaf Angels, 43North and Wdyuk. 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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Angel investment network based in Toronto supporting Canadian startups.
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Founded Year | Domain | Location | |
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Seed-stage investments are targeted by 43North in startups.
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Founded Year | Domain | Location | |
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Online slot services and e-commerce platform in Asia.
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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 Suncayr
| 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.
|
2016 |
Financial Statements - Suncayr
| 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 |
Suncayr Comparisons
Competitors of Suncayr
Suncayr 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 Clear Clinical, Revelox, Mayfa, Canopi Sun Care and Veritao, 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 |
Facial care products are sold via an internet-first brand.
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Sells supplements, cosmetics, essential oils, and oral health care products.
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Offers natural skincare products with medical-grade formulas for healthy skin.
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| domain | founded_year | HQ Location |
Offers natural sunscreens and after-sun products for all skin types worldwide.
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| domain | founded_year | HQ Location |
Runs a direct-to-consumer brand offering natural skincare products.
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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 Suncayr
When was Suncayr founded?
Suncayr was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Suncayr located?
Suncayr is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
Is Suncayr a funded company?
Suncayr is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Oct 06, 2017.
What does Suncayr do?
Suncayr was established in 2014 in Mississauga, Canada, as a brand within the personal care sector. Sun protection and care items are developed and offered through this entity. Operations focus on product formulation and market distribution, primarily targeting consumer needs for UV defense. The companys online presence is maintained at suncayr.com, supporting regional and broader accessibility in the skincare industry.
Who are the top competitors of Suncayr?
Suncayr's top competitors include Clear Clinical, Revelox and Mayfa.
Who are Suncayr's investors?
Suncayr has 3 investors. Key investors include Maple Leaf Angels, 43North, and Wdyuk.