About Sygic
Sygic is a company based in Bratislava (Slovakia) founded in 2004 by Michal Stencl was acquired by W.A.G. payment solutions in April 2019.. Sygic has completed 1 acquisition, including Tripomatic. Sygic operates in a competitive market with competitors including HERE, Inrix, Tele Atlas, Terrain Technologies and Trufi, among others.
- Headquarter Bratislava, Slovakia
- Founders Michal Stencl
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Sectors
TechnologyTransportation, Automotive & Logistics
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Phone
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Website
*********
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Social
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- Legal Name Sygis S.R.O.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$322.95 K (USD), Grant
Oct 01, 2020
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Investors
W.A.G. payment solutions
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
W.A.G. payment solutions
(Apr 18, 2019)
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Funding Insights of Sygic
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $322,946
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Grant - Sygic | Valuation |
investors |
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| Sep, 2015 | Amount | Grant - Sygic | Valuation |
investors |
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| Jun, 2011 | Amount | Series A - Sygic | Valuation |
investors |
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| 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 Sygic
Sygic has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include W.A.G. payment solutions and European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Prepaid fuel and toll payment cards are provided for fleets.
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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 Sygic
Sygic has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tripomatic. 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 |
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Bionic investment advisor platform
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Map-based travel itineraries are created for day-by-day planning.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sygic
| 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 |
Sygic Comparisons
Competitors of Sygic
Sygic 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 HERE, Inrix, Tele Atlas, Terrain Technologies and Trufi, 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 |
Location-based services and mapping solutions are provided globally.
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| domain | founded_year | HQ Location |
Real-time, historical, and predictive traffic data solutions are provided.
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| domain | founded_year | HQ Location |
Digital maps and real-time traffic data are supplied globally.
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| domain | founded_year | HQ Location |
SaaS tools for mobility network analysis and optimization are provided.
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| domain | founded_year | HQ Location |
Mobile app for public transport routing and information in Cochabamba.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Sygic
Frequently Asked Questions about Sygic
When was Sygic founded?
Sygic was founded in 2004 and raised its 1st funding round 7 years after it was founded.
Where is Sygic located?
Sygic is headquartered in Bratislava, Slovakia.
What does Sygic do?
Sygic develops and sells turn-by-turn voice guided GPS navigation for a wide range of mobile devices in 30 languages working together with map providers to support maps for all regions. It also provides HUD navigation app which turns the smartphone into wind shield display. The Blackbox app would record the essential data to act as proof for insurance claims and accidents. Sygic has been honored by Deloitte as the 6th Technology Fastest-growing Technology Company in Central Eastern Europe for the years 2007 and 2008. Technology Company in Central Eastern Europe for the year 2009. Sygic has been honored by Deloitte as the 13th Technology Fastest-growing Technology Company in Central Eastern Europe for the year 2010 and 143 in EMEA. Its apps are also available on Apple CarPlay.
Who are the top competitors of Sygic?
Sygic's top competitors include Inrix, HERE and Tele Atlas.
How many acquisitions has Sygic made?
Sygic has made 1 acquisition, including Tripomatic.
Who are Sygic's investors?
Sygic has 2 investors. Key investors include W.A.G. payment solutions, and European Union.
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