About SunGard
SunGard is a Technology company based in Wayne (United States) founded in 1982 by Cesare Iacovone, and was acquired by PowerSchool in February 2017. It operates as an enterprise Software. The company has 1 employees. SunGard has completed 17 acquisitions, including AFS, Aceva and CRW Systems. Its chief executive is Gary Norcross. Its Indian entity Sungard India Sales Private Limited reported revenue of ₹2 Lakh. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Record to Report. Its competitors include AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster and 5 more; 7 of its 10 listed competitors have raised funding.
Company details
SunGard Data Systems was established in 1982 and is based in Wayne, United States. Software and processing solutions are supplied to the financial services industry across the United States and internationally. The company is structured into four segments: Financial Systems, Higher Education, Public Sector, and Availability Services, supporting various operational needs in these areas.
- Headquarters Wayne, United States
- Employees 1
- Founders Cesare Iacovone
- SectorsTechnology
- Website sungard.com
- Social LinkedIn X Facebook
- Acquired by PowerSchool (Feb 2017)
- Legal Name Sungard India Sales Private Limited
- Date of Incorporation 26 Sep, 2006
- Jurisdiction Delhi, India
- Annual Revenue₹2 Lakh
FY 2025 · +12996% YoY
- Net Loss-₹10 Lakh
FY 2025 · -501% margin
- EBITDA-₹10 Lakh
FY 2025 · -501% margin
- Latest Funding Round$1.28B (USD), Debt – Conventional
Mar 2014
- InvestorsPowerSchool
& 9 more
- Employee Count1
- Investments & AcquisitionsAFS
& 16 more
- Acquired by
Associated legal entities of SunGard
SunGard operates through Sungard India Sales 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 |
|---|---|---|---|---|---|---|---|
| Sungard India Sales Private Limited CIN U72200DL2006FTC328928 | Active | 26 Sep 2006 | New Delhi, Delhi | ₹0.0 Cr | – | 5 | View details |
Funding Insights of SunGard
- Total Rounds 3
- Last Round Debt – Conventional — $1.28B
- First Round $500M
(Jan 2004)
- Investors Count 1
All 3 funding rounds of SunGard 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 |
|---|---|---|---|---|---|
| Mar 2014 | $1.28B | Debt – Conventional | – | – | – |
| Aug 2009 | $316M | Debt – Conventional | – | – | |
| Jan 2004 | $500M | Debt – Conventional | – | – | – |
10 investors in total: 10 institutional.
Investors in SunGard
SunGard has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include PowerSchool, Goldman Sachs and KKR.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Debt and equity investments are pursued across multiple sectors. | 1984 | baincapital.com | Boston, United States | |
Diversified investment management is provided across multiple asset classes. | 1985 | blackstone.com | New York, United States | |
Fund of funds focused on pre-seed and seed-stage companies | 1992 | tpg.com | Fort Worth, United States | |
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
Private equity investments in media, communications, education, and technology sectors. | – | provequity.com | - | |
Technology investing and private equity firm focused on partnerships. | – | silverlake.com | - | |
Commercial aircraft and equipment leasing and lending services are provided. | 1932 | gecapital.com | United States | |
Software suites for banks and financial institutions are provided. | 1968 | fisglobal.com | Jacksonville, United States | |
Cloud-based software for K-12 education is provided. | 1997 | powerschool.com | Folsom, United States |
Investor details for SunGard
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Board of directors of Sungard India Sales Private Limited (SunGard)
Sungard India Sales Private Limited is the primary company behind SunGard. The board of Sungard India Sales Private Limited currently have 5 directors; the longest-serving is Prakash Radhakrishna Nayak, appointed in 2017. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prakash Radhakrishna Nayak DIN 07847998 | Director | 15 Jun 2017 | 9 yrs 4 mo | Sungard India Sales Private Limited |
| Howard Neil Wallis DIN 10425872 | Director | 01 Jan 2024 | 2 yrs 9 mo | Sungard India Sales Private Limited |
| Jerry Brent Puzey DIN 10450925 | Director | 02 Jan 2024 | 2 yrs 9 mo | Sungard India Sales Private Limited |
| Ramkumar Lakshmi Narayanan DIN 07539385 | Director | 01 Feb 2024 | 2 yrs 8 mo | Sungard India Sales Private Limited |
| Tushar Rajesh Desai DIN 11182142 | Director | 09 Sep 2025 | 1 yr 1 mo | Sungard India Sales Private Limited |
People of SunGard
2 people are tracked at SunGard (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Cesare Iacovone | Founder | Leadership |
Gary Norcross | CEO & President | Leadership |
Complete people profiles for SunGard
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Financials of SunGard
Figures of Sungard India Sales Private Limited, the primary company behind SunGard, for FY 2025. Revenue was ₹2 Lakh (+12996% year on year). Net loss was -₹10 Lakh (-501% margin). EBITDA was -₹10 Lakh (-501% margin). Revenue has grown at a compounded annual rate of +256% over three years and +113% over five years.
- ₹2 LakhRevenue · FY 2025 · +12996% YoY
- -₹10 LakhNet loss · -501% margin
- -₹10 LakhEBITDA · -501% margin
- ₹1.00 CrPaid-up capital
- +256%Revenue CAGR, 3 years
- +113%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sungard India Sales Private Limited are on its company page.
Detailed financial statements for SunGard
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Investments & Acquisitions by SunGard
SunGard has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include AFS, Aceva and CRW Systems.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Web-based software for community development is provided to government agencies. | crw.com | San Diego, United States | 1991 | Jun 2015 | •••• | |
Network support, database configuration, and IT consulting services are provided. | xsp.com | London, United Kingdom | 2000 | Jan 2013 | •••• | |
- | valuelink.co.uk | United Kingdom | 0 | Mar 2011 | •••• | |
Trade credit and debt consulting services are provided. | predictivemetrics.com | Tinton Falls, United States | 2001 | Feb 2011 | •••• | |
Provider of web hosting, cloud computing, data centre, and managed services | hosting365.com | Dublin, Ireland | 2004 | Mar 2010 | •••• | |
Limited information available | inmatrixinc.com | Walnut Creek, United States | 1999 | Feb 2010 | •••• | |
Provider of data & system integration and financial services for banks | ftintegrators.com | Wayne, United States | 1999 | Jan 2008 | •••• | |
Software, engineering, and business consulting services are provided. | aceva.com | Peoria, United States | 2006 | Feb 2007 | •••• | |
Cloud-based digital signatures and document management solutions are provided. | signix.com | Chattanooga, United States | 2002 | Feb 2007 | •••• | |
Commercial lending software solutions are provided by AFS. | afsvision.com | Exton, United States | 1970 | Dec 2006 | •••• |
Complete acquisition details for SunGard
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Timeline of SunGard
16 dated milestones of SunGard across 35 years, from founding to its latest funding, stage changes and deals.
- Founded SunGard is founded.
- Funding First funding round of $500.0M.
- Exit Acquired by Blackstone.
- Acquisition Acquires AFS.
- Acquisition Acquires SIGNiX.
- Acquisition Acquires Aceva.
- Acquisition Acquires Financial Technology Integrators.
- Acquisition Acquires Inmatrix Inc.
- Acquisition Acquires Hosting365.
- Acquisition Acquires PredictiveMetrics.
- Acquisition Acquires ValueLink.
- Acquisition Acquires XSP.
- Funding Latest funding round, Debt – Conventional, of $1.3B.
- Acquisition Acquires CRW Systems.
- Exit Acquired by FIS.
- Exit Acquired by PowerSchool.
Competitors of SunGard
SunGard has 10 listed competitors in our database, 7 of them funded. They include AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| kontron.com | 1959 | Linz, Austria | $34.6M | 130 | Embedded computing platforms are developed for industrial applications. | |
| unicorn.com | 1990 | Prague, Czech Republic | $6M | – | Software development services are provided by Unicorn in Prague. | |
| gigster.com | 2013 | Austin, United States | $32.5M | 12 | Software development services are provided via an AI-powered platform. | |
| redshelf.com | 2012 | Chicago, United States | $82.53M | 107 | Platform offering digital textbooks for students | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| nxtsoft.com | 2017 | Birmingham, United States | $4.83M | 79 | Computer software development services provider | |
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| digia.com | 2005 | Helsinki, Finland | – | – | Software development services including design, integration, and testing are provided. |
Detailed competitors of SunGard
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Web traffic of SunGard
Websites that share an audience with SunGard (sungard.com).
Websites whose visitors overlap most with SunGard. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dstsystems.com | 100% | – | – | View details | |
infinity.com | infinity.com | 89% | – | #5,399,526 | – |
| intuit.com | 88% | 166.6M | #264 | View details | |
mscibarra.com | mscibarra.com | 83% | – | – | – |
| crd.com | 64% | 26.3K | #1,003,468 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for SunGard
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- 17 similar websites
- Audience overlap
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Top companies in Investment & Financial Technology
10 companies that operate in the same segment as SunGard (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | 2,713 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | 602 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | 674 | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | 1,524 |
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Related news about Sungard
Complete news archive for SunGard
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Frequently Asked Questions about SunGard
SunGard was founded in 1982 and raised its 1st funding round 22 years after it was founded.
SunGard is headquartered in Wayne, United States.
Gary Norcross is the current CEO of SunGard.
SunGard has 1 employees.
The primary company behind SunGard, Sungard India Sales Private Limited, reported revenue of ₹2 Lakh for FY 2025, up 12996% year on year.
SunGard Data Systems was established in 1982 and is based in Wayne, United States. Software and processing solutions are supplied to the financial services industry across the United States and internationally. The company is structured into four segments: Financial Systems, Higher Education, Public Sector, and Availability Services, supporting various operational needs in these areas.
SunGard's top competitors include RedShelf, Unicorn and Hedgehog lab.
SunGard has made 17 acquisitions, including AFS, Aceva, and CRW Systems.
SunGard has 10 investors. Key investors include PowerSchool, Goldman Sachs, KKR, FIS, and Blackstone.
SunGard operates through Sungard India Sales Private Limited.
Yes. SunGard was acquired by PowerSchool in February 2017.
The legal entities of SunGard currently have 5 directors, including Jerry Brent Puzey, Howard Neil Wallis, Prakash Radhakrishna Nayak and others.