About SYKY
SYKY is a company based in Brooklyn (United States) founded in 2022 by Alice Delahunt.. SYKY has raised $9.5 million across 1 funding round from investors including Polygon, Seven Seven Six and Brevan Howard. SYKY offers products and services including SYKY Platform, SYKY Magazine, and SYKY Showroom. SYKY operates in a competitive market with competitors including ZipFit Denim, Union Station, Italist, Junk Food Clothing and BYRONESQUE, among others.
- Headquarter Brooklyn, United States
- Founders Alice Delahunt
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Sectors
Retail
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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
$9.5 M (USD)
in 1 rounds
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Latest Funding Round
$9.5 M (USD), Series A
Jan 17, 2023
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Investors
Polygon
& 4 more
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Employee Count
Employee Count
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Products & Services of SYKY
SYKY offers a comprehensive portfolio of products and services, including SYKY Platform, SYKY Magazine, and SYKY Showroom. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for buying, selling, and curating digital-physical fashion online.
Magazine featuring designer interviews and fashion highlights digitally.
Experience for viewing fashion in mixed reality via Apple Vision Pro.
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Funding Insights of SYKY
SYKY has successfully raised a total of $9.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $9.5 million completed in January 2023. 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 1
- Last Round Series A — $9.5M
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First Round
First Round
(17 Jan 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series A - SYKY | Valuation | Seven Seven Six |
| 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 SYKY
SYKY has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Polygon, Seven Seven Six and Brevan Howard. 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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Venture capital fund focused on investing in technology startups
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Founded Year | Domain | Location | |
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Early-stage venture funding is offered by Leadout Capital.
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Founded Year | Domain | Location | |
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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 SYKY
| 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 |
Financial Statements - SYKY
| 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 |
Syky Comparisons
Competitors of SYKY
SYKY 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 ZipFit Denim, Union Station, Italist, Junk Food Clothing and BYRONESQUE, 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 |
Designer apparel is retailed online with body-type matching algorithms.
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in bridesmaids dresses.
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| domain | founded_year | HQ Location |
Luxury fashion items are sold directly from Italy.
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| domain | founded_year | HQ Location |
Licensed casual apparel is offered online for men and women.
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| domain | founded_year | HQ Location |
Curated vintage clothing is offered via an online shopping platform.
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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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Latest news on Syky
Frequently Asked Questions about SYKY
When was SYKY founded?
SYKY was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is SYKY located?
SYKY is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of SYKY?
Alice Delahunt is the current CEO of SYKY. They have also founded this company.
Is SYKY a funded company?
SYKY is a funded company, having raised a total of $9.5M across 1 funding round to date. The company's 1st funding round was a Series A of $9.5M, raised on Jan 17, 2023.
What does SYKY do?
SYKY was founded in 2022 in Brooklyn, United States, as a platform in the digital fashion sector. Operations focus on enabling designers to publish and monetize their work, while collectors are provided access to discover assets. The catalog features items such as jackets, coats, skirts, pants, sweatshirts, and accessories, bridging digital and physical fashion elements.
Who are the top competitors of SYKY?
SYKY's top competitors include ZipFit Denim, Italist and Junk Food Clothing.
What products or services does SYKY offer?
SYKY offers SYKY Platform, SYKY Magazine, and SYKY Showroom.
Who are SYKY's investors?
SYKY has 5 investors. Key investors include Polygon, Seven Seven Six, Brevan Howard, Leadout Capital, and First Light Capital Group.
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