About Syncron
Syncron is a company based in Stockholm (Sweden) founded in 1999. Syncron has raised $67 million across 2 funding rounds from investors including Ture Invest and Summit Partners. The company has 178 employees as of April 08, 2024. Syncron has completed 1 acquisition, including Mize. Syncron offers products and services including SLM Platform, Inventory Management, Pricing Solutions, and Service Fulfillment. Syncron operates in a competitive market with competitors including Generix Group, DecisionPoint, Invistics, CognitOps and HighJump, among others.
- Headquarter Stockholm, Sweden
- Employees 178 as on 08 Apr, 2024
- Stage Minicorn
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Syncron Software India Private Limited
- Date of Incorporation 30 Nov, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$7.93 M (USD)25.91as on Mar 31, 2023
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Net Profit
$591.54 K (USD)29.07as on Mar 31, 2023
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EBITDA
$1.05 M (USD)26.66as on Mar 31, 2023
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Total Equity Funding
$67 M (USD)
in 2 rounds
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Latest Funding Round
$67 M (USD), Private Equity Round
Oct 16, 2018
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Investors
Ture Invest
& 1 more
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Employee Count
178
as on Apr 08, 2024
- Investments & Acquisitions
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Products & Services of Syncron
Syncron offers a comprehensive portfolio of products and services, including SLM Platform, Inventory Management, Pricing Solutions, and Service Fulfillment.
AI-powered tool for end-to-end service lifecycle management.
ML-driven system to boost parts sales and minimize carry costs.
AI-enabled tool for accurate service contract and parts pricing.
Platform for warranty and repair management experiences.
People of Syncron
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Software Development Team
53 people
Leadership Team
19 people
Product Management Team
15 people
Senior Team
15 people
Sales and Marketing
10 people
Customer Team
8 people
Manager Team
4 people
Data Analysis and Operations Team
4 people
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Funding Insights of Syncron
Syncron has successfully raised a total of $67M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $67 million completed in October 2018. 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.
Investors in Syncron
Syncron has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ture Invest and Summit Partners.
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Summit Partners is recognized as a growth equity investment firm.
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Private debt is provided to companies across various sectors.
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Investor details for Syncron
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Syncron
Syncron has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mize.
Investment portfolio details for Syncron
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Customer experience management is provided for durable goods manufacturers.
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Complete acquisition details for Syncron
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Financial Statements - Syncron
Detailed financials for Syncron
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Syncron Comparisons
Peer comparison for Syncron
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Competitors of Syncron
Syncron 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 Generix Group, DecisionPoint, Invistics, CognitOps and HighJump, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Supply chain management and collaboration solutions are provided globally.
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Provider of a field service and warehouse management solution
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Consulting Services and Software Solutions for Inventory visibility and analytics
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Automated warehouse management is enabled by AI and cloud technologies.
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Cloud-based warehouse management software is supplied for logistics operations.
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Detailed competitors of Syncron
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Latest news on Syncron
Complete news archive for Syncron
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Frequently Asked Questions about Syncron
Syncron was founded in 1999 and raised its 1st funding round 18 years after it was founded.
Syncron is headquartered in Stockholm, Sweden.
Syncron is a funded company, having raised a total of $67M across 2 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Syncron is 178.
Annual revenue of Syncron is $7.93M as on Mar 31, 2023.
Syncron was founded in 1999 in Stockholm, Sweden, as a provider of cloud-based inventory optimization software. Demand forecasting, automated rotatable planning, analytics, dashboards, stock replenishment, and supplier performance overviews are included in its offerings. The software serves the mining, aerospace, construction, and wholesale sectors through operations focused on inventory management and optimization.
Syncron's top competitors include Generix Group, DecisionPoint and CognitOps.
Syncron offers SLM Platform, Inventory Management, Pricing Solutions, and Service Fulfillment.
Syncron has made 1 acquisition, including Mize.
Syncron has 2 investors. Key investors include Ture Invest, and Summit Partners.
The valuation of Syncron is $175M as of Oct 2018.