About Syncapp
Syncapp is a company based in Irving (United States) founded in 2016. It operates as a B2B. Syncapp has raised $5.81 million across 2 funding rounds. The company has 61 employees. Syncapp operates in a competitive market with competitors including Slack, Mask Network, Critical Path, Blink and JANDI, among others.
- Headquarter Irving, United States
- Employees 61
- SectorsTelecommunications
- Website syncapp.chat
- Social X
- Legal Name Krista Software Private Limited
- Date of Incorporation 02 Mar, 2016
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹12.77 Cr
FY 2022 · +56% YoY
- Net Profit₹86.5 Lakh
FY 2022 · 7% margin
- EBITDA₹1.73 Cr
FY 2022 · 14% margin
- Total Equity Funding$5.81M (USD)
in 2 rounds
- Latest Funding Round$4.6M (USD), Series A
Dec 2019
- Employee Count61
Associated legal entities of Syncapp
Syncapp operates through Krista Software Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Krista Software Private Limited CIN U72400PN2016PTC217687 | Active | 02 Mar 2016 | Pune, Maharashtra | ₹12.8 Cr | 61 | 2 | View details |
Funding Insights of Syncapp
Syncapp has successfully raised a total of $5.81M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.6 million completed in December 2019. 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 $5.81M
- Total Rounds 2
- Last Round Series A — $4.6M
- First Round $1.21M
(Jan 2017)
All 2 funding rounds of Syncapp 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 |
|---|---|---|---|---|---|
| Dec 2019 | $4.6M | Series A | – | – | – |
| Jan 2017 | $1.21M | Seed | – | – | – |
Board of directors of Krista Software Private Limited (Syncapp)
Krista Software Private Limited is the primary company behind Syncapp. The board of Krista Software Private Limited currently have 2 directors; the longest-serving is Vishal Khandpur, appointed in 2021. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishal Khandpur DIN 08606167 | Managing Director | 06 Jan 2021 | 5 yrs 9 mo | Krista Software Private Limited |
| Deepak Prakash Shingan DIN 10331054 | Additional Director | 27 Jan 2024 | 2 yrs 8 mo | Krista Software Private Limited |
Financials of Syncapp
Figures of Krista Software Private Limited, the primary company behind Syncapp, for FY 2022. Revenue was ₹12.77 Cr (+56% year on year). Net profit was ₹86.5 Lakh (7% margin). EBITDA was ₹1.73 Cr (14% margin). Revenue has grown at a compounded annual rate of +98% over three years and +59% over five years.
- ₹12.77 CrRevenue · FY 2022 · +56% YoY
- ₹86.5 LakhNet profit · 7% margin
- ₹1.73 CrEBITDA · 14% margin
- ₹1 LakhPaid-up capital
- 61Employees (provident fund records)
- +98%Revenue CAGR, 3 years
- +59%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Krista Software Private Limited are on its company page.
Detailed financial statements for Syncapp
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Syncapp
3 dated milestones of Syncapp across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Syncapp is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series A, of $4.6M.
Competitors of Syncapp
Syncapp 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 Slack, Mask Network, Critical Path, Blink and JANDI, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| slack.com | 2009 | San Francisco, United States | $1.22B | 1,820 | Cloud-based team communication and collaboration platform is provided. | |
| mask.io | 2018 | Champaign, United States | $5M | – | Provider of encrypted messaging applications | |
| cp.net | 1998 | San Mateo, United States | $42M | – | Spam-blocking, virus protection, and secure messaging services are provided. | |
| joinblink.com | 2014 | London, United Kingdom | $31.4M | 41 | Front-line workers are empowered and protected through a cloud-based platform. | |
| jandi.com | 2014 | Seoul, South Korea | $25.85M | – | Enterprise team collaboration is facilitated via cloud-based messaging platform. | |
| chatwork.com | 2012 | Sunnyvale, United States | $15.3M | 251 | Cloud based task management platform for file sharing | |
| armortext.com | 2011 | Reston, United States | $5.09M | – | Secure enterprise messaging with end-to-end encryption is offered across platforms. | |
| element.io | 2016 | London, United Kingdom | $48.1M | 1 | A decentralized messaging app is provided for enterprise teams. | |
| signalwire.com | 2017 | Palo Alto, United States | $41.8M | 42 | CPaaS solutions for secure voice, video, and messaging are delivered. |
Detailed competitors of Syncapp
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Syncapp
10 companies that operate in the same segment as Syncapp (Communication Apps), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Family and friends are connected through location-sharing mobile app. | 2008 | San Francisco, California, United States | USD 89.74 M | USD 489.48 M | 569 | |
Live social entertainment is facilitated via an app-based platform. | 2020 | Bengaluru, Karnataka, India | USD 51.05 M | USD 249.61 K | 115 | |
Live-streaming platform for user connections and content monetization is provided. | 2009 | Mountain View, California, United States | USD 373.44 M | – | – | |
Secure private messaging and multimedia sharing are facilitated worldwide. | 2009 | Menlo Park, California, United States | USD 58.25 M | USD 19.89 M | 34 | |
Group voice, video, and text communication platform is provided. | 2012 | San Francisco, California, United States | USD 922.3 M | – | – | |
VoIP software for internet video chats and calls is offered. | 2002 | Luxembourg | USD 26.81 M | – | – | |
Multimedia messaging application for ephemeral photos and videos is provided. | 2011 | Los Angeles, California, United States | USD 2.62 B | USD 5.93 B | 4,910 | |
Multimedia messaging is enabled by Kik for mobile users. | 2009 | Santa Monica, California, United States | USD 166.39 M | – | – | |
Online platform to connect and ,meet new people | 2015 | Paris, France | USD 59.8 M | – | – | |
Global chat AIs are discovered through an online text platform. | 2021 | Palo Alto, California, United States | USD 2 M | – | – |
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Frequently Asked Questions about Syncapp
Syncapp was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Syncapp is headquartered in Irving, United States. It is registered at Irving, Texas, United States.
Syncapp is a funded company, having raised a total of $5.81M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.21M, raised on Jan 2017.
Syncapp has 61 employees.
The primary company behind Syncapp, Krista Software Private Limited, reported revenue of ₹12.77 Cr for FY 2022, up 56% year on year.
Syncapp operates with a B2B model, focusing on leveraging cutting-edge technology, communication, mobile messaging, and enterprise apps. Syncapp is a mobile messenger app designed for secure communication in small enterprises. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Syncapp's top competitors include Slack, Mask Network and Blink.
Syncapp operates through Krista Software Private Limited.
The legal entities of Syncapp currently have 2 directors, including Deepak Prakash Shingan, Vishal Khandpur.