About SunGard
SunGard is a company based in Wayne (United States) founded in 1982 by Cesare Iacovone was acquired by PowerSchool in February 2017.. The company has 1 employees as of April 08, 2024. SunGard has completed 17 acquisitions, including AFS, Aceva and CRW Systems. SunGard operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.
- Headquarter Wayne, United States
- Employees 1 as on 08 Apr, 2024
- Founders Cesare Iacovone
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Sungard India Sales Private Limited
- Date of Incorporation 26 Sep, 2006
- Jurisdiction Delhi, India
-
Annual Revenue
$17.19 (USD)-67.79as on Mar 31, 2023
-
Net Profit
$-4.83 K (USD)5.19as on Mar 31, 2023
-
EBITDA
$-4.84 K (USD)5.84as on Mar 31, 2023
-
Latest Funding Round
$1.28 B (USD), Debt – Conventional
Mar 12, 2014
-
Investors
PowerSchool
& 9 more
-
Employee Count
1
as on Apr 08, 2024
-
Investments & Acquisitions
AFS
& 16 more
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of SunGard
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $1.3B
-
First Round
First Round
(01 Jan 2004)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2014 | Amount | Debt – Conventional - SunGard | Valuation |
investors |
|
| Aug, 2009 | Amount | Debt – Conventional - SunGard | Valuation |
investors |
|
| Jan, 2004 | Amount | Debt – Conventional - SunGard | Valuation |
investors |
|
| 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 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. 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 |
|---|---|---|---|---|
|
Investment banking services are delivered across multiple financial sectors.
|
Founded Year | Domain | Location | |
|
Debt and equity investments are pursued across multiple sectors.
|
Founded Year | Domain | Location | |
|
Diversified investment management is provided across multiple asset classes.
|
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 SunGard
SunGard has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include AFS, Aceva and CRW Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Software, engineering, and business consulting services are provided.
|
2006 | ||||
|
Provider of web hosting, cloud computing, data centre, and managed services
|
2004 | ||||
|
Integrated software solutions are provided for energy transaction management.
|
2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - SunGard
| 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 |
Sungard Comparisons
Competitors of SunGard
SunGard 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 AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, 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 |
IT services suite solutions are provided globally by AlmavivA.
|
|
| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
|
|
| domain | founded_year | HQ Location |
Embedded computing platforms are developed for industrial applications.
|
|
| domain | founded_year | HQ Location |
Software development services are provided by Unicorn in Prague.
|
|
| domain | founded_year | HQ Location |
Software development services are provided via an AI-powered platform.
|
|
| domain | founded_year | HQ Location |
Platform offering digital textbooks for students
|
| 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 Sungard
Frequently Asked Questions about SunGard
When was SunGard founded?
SunGard was founded in 1982 and raised its 1st funding round 22 years after it was founded.
Where is SunGard located?
SunGard is headquartered in Wayne, United States.
Who is the current CEO of SunGard?
Gary Norcross is the current CEO of SunGard.
How many employees does SunGard have?
As of Apr 08, 2024, the latest employee count at SunGard is 1.
What is the annual revenue of SunGard?
Annual revenue of SunGard is $17.19 as on Mar 31, 2023.
What does SunGard do?
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.
Who are the top competitors of SunGard?
SunGard's top competitors include RedShelf, Unicorn and Hedgehog lab.
How many acquisitions has SunGard made?
SunGard has made 17 acquisitions, including AFS, Aceva, and CRW Systems.
Who are SunGard's investors?
SunGard has 10 investors. Key investors include PowerSchool, Goldman Sachs, KKR, FIS, and Blackstone.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.