About Sýn
Sýn is a company based in Reykjavik (Iceland) founded in 1997. It operates as a Subscription Services, and Advertising Model. Sýn has completed 2 acquisitions, including Bland.is and Endor. Sýn offers products and services including Internet Packages, Television Services, Phone Services, and Advertising Solutions.
- Headquarter Reykjavik, Iceland
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Sectors
TelecommunicationsMedia & Entertainment
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Email
***********
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Phone
*********
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Website
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- Legal Name Sýn Hf.
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Annual Revenue
$156.31 M (USD)-0.46as on Dec 31, 2024
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Net Profit
$-12.13 M (USD)-179.56as on Dec 31, 2024
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EBITDA
$33.43 M (USD)-8.45as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Bland.is
& 1 more
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Products & Services of Sýn
Sýn offers a comprehensive portfolio of products and services, including Internet Packages, Television Services, Phone Services, and Advertising Solutions. 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.
Internet services are provided for households and businesses.
Television entertainment is offered with sports and shows.
Phone connectivity is ensured for personal and corporate use.
Advertising is facilitated across TV, radio, and online platforms.
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Funding Insights of Sýn
| 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 |
Investments & Acquisitions by Sýn
Sýn has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bland.is and Endor. 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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Software for data-driven business insights and decision-making is provided.
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2014 | ||||
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Multi-category products and services are listed on an online platform.
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2010 |
| 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 - Sýn
| 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 |
Sýn Comparisons
Competitors of Sýn
| 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 Sýn
Frequently Asked Questions about Sýn
When was Sýn founded?
Sýn was founded in 1997.
Where is Sýn located?
Sýn is headquartered in Reykjavik, Iceland.
What is the annual revenue of Sýn?
Annual revenue of Sýn is $156.31M as on Dec 31, 2024.
What does Sýn do?
Sýn is established as a prominent provider of telecommunications and media services in Iceland. Internet, television, and phone services are offered to both households and businesses. Comprehensive entertainment solutions, including sports broadcasts like the English Premier League, are provided. Advertising opportunities across multiple platforms such as TV, radio, and online are facilitated. The company also operates Vísir.is, the most-read news portal in the country, reaching a majority of Icelanders weekly. Services are tailored to simplify connectivity and entertainment needs for customers.
What products or services does Sýn offer?
Sýn offers Internet Packages, Television Services, Phone Services, and Advertising Solutions.