Syncron

Stockholm, Sweden Founded: 1999 • Age: 27 yrs Minicorn
Provider of cloud-based inventory optimization software

About Syncron

Syncron is a Technology company based in Stockholm (Sweden) founded in 1999. Provider of cloud-based inventory optimization software. Syncron has raised $67 million across 2 funding rounds from investors including Ture Invest and Summit Partners. The company has 178 employees. Syncron has completed 1 acquisition, including Mize. Syncron was last valued at $175 million in October 2018. Its website syncron.com draws about 20 thousand monthly visits. Its Indian entity Syncron Software India Private Limited reported revenue of β‚Ή74.31 Cr. Syncron offers products and services including SLM Platform, Inventory Management, Pricing Solutions, and Service Fulfillment. Its focus areas include Enterprise Applications, SCM Software, Warehouse Management and Inventory Optimisation.

Company details

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.

  • Headquarters Stockholm, Sweden
  • Employees 178
  • Stage Minicorn
  • Sectors
    Technology
  • Website category Business and Consumer Services · Business Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website syncron.com
  • Social LinkedIn X Facebook
  • Legal Name Syncron Software India Private Limited
  • Date of Incorporation 30 Nov, 2015
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹74.31 Cr

    FY 2025 · +8% YoY

  • Indian entity net profit
    ₹5.42 Cr

    FY 2025 · 7% margin

  • Indian entity EBITDA
    ₹9.55 Cr

    FY 2025 · 13% margin

  • Total Equity Funding
    $67M (USD)

    in 2 rounds

  • Latest Funding Round
    $67M (USD), Private Equity Round

    Oct 2018

  • Investors
  • Employee Count
    178
  • Investments & Acquisitions

Products & Services of Syncron

Syncron offers a comprehensive portfolio of products and services, including SLM Platform, Inventory Management, Pricing Solutions, and Service Fulfillment.

SLM Platform
Service Management

AI-powered tool for end-to-end service lifecycle management.

Inventory Management
Inventory Planning

ML-driven system to boost parts sales and minimize carry costs.

Pricing Solutions
Pricing Optimization

AI-enabled tool for accurate service contract and parts pricing.

Service Fulfillment
Customer Service

Platform for warranty and repair management experiences.

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.

  • Total Funding $67M
  • Total Rounds 2
  • Last Round Private Equity Round β€” $67M
  • First Round $20M

    (Jun 2017)

  • Investors Count 2

All 2 funding rounds of Syncron with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2018$67MPrivate Equity Round$175MSummit Partners
–
Jun 2017$20MDebt – Conventional––
Valuation history
DateValuationStage
Oct 2018$175Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $175M (Oct 2018). 2 investors in total: 2 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Summit Partners is recognized as a growth equity investment firm.
summitpartners.comBoston, United States
Private debt is provided to companies across various sectors.
2007tureinvest.seStockholm, Sweden
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Board of directors of Syncron Software India Private Limited (Syncron)

Syncron Software India Private Limited is the primary company behind Syncron. The board of Syncron Software India Private Limited currently have 2 directors; the longest-serving is Ramanathan Nanjundeswara Prasanna, appointed in 2016. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ramanathan Nanjundeswara Prasanna
DIN 07540597
Managing Director20 Jun 201610 yrs 4 moSyncron Software India Private Limited
Samson Lazarus James Billa
DIN 09138022
Director20 May 20215 yrs 5 moSyncron Software India Private Limited

People of Syncron

164 people are tracked at Syncron (37 in leadership, 127 in team); the tracked headcount is 178.

NameRoleGroup
Friedrich Neumeyer
CEOLeadership
Alexei Haigh
Vice President Of Product ManagementLeadership
Kriss Nowicki
Head Of Information TechnologyLeadership
Jan Barbrock
Director Of SolutionsLeadership
Senior Vp, Engineering | Md, IndiaLeadership
Santosh S.
VP Of EngineeringLeadership
Dominik Skorupowski
Engineering DirectorLeadership
Spiros Tapinis
Customer Engagement DirectorLeadership
Erik Kjellström
Vice President Of Solution Consulting & Business DevelopmentLeadership
Dymitr Pszenicyn
Technical DirectorLeadership
Stefan Gesele
Director Solution ConsultingLeadership
Kishore Vutukuri
Technical DirectorLeadership
Kim Ekelund
Director Customer ServicesLeadership
Teresa Barker
VP Of Human ResourcesLeadership
Benjamin Herbstman
Global Director Of Transformation, Customer ExcellenceLeadership
Pete Harris
Marketing Operations And Technology DirectorLeadership
Amit Rana
Vice President Data & AILeadership
Naveen Srinivas
VP Engineering, ProductsLeadership
Katarzyna Pikula
Senior Payroll & EE Admin PartnerLeadership
Anand Srinivasan
Performance Engineer, Developer, Technical DirectorLeadership

144 more people are available in the full profile.

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Financials of Syncron

Figures of Syncron Software India Private Limited, the primary company behind Syncron, for FY 2025. Revenue was ₹74.31 Cr (+8% year on year). Net profit was ₹5.42 Cr (7% margin). EBITDA was ₹9.55 Cr (13% margin). Revenue has grown at a compounded annual rate of +12% over three years and +20% over five years.

  • ₹74.31 CrRevenue · FY 2025 · +8% YoY
  • ₹5.42 CrNet profit · 7% margin
  • ₹9.55 CrEBITDA · 13% margin
  • ₹30 LakhPaid-up capital
  • 178Employees (provident fund records)
  • +12%Revenue CAGR, 3 years
  • +20%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Syncron Software India Private Limited are on its company page.

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Detailed financial statements for Syncron

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Investments & Acquisitions by Syncron

Syncron has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mize.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Customer experience management is provided for durable goods manufacturers.
m-ize.comTemple Terrace, United States2011Aug 2021β€’β€’β€’β€’
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Timeline of Syncron

5 dated milestones of Syncron across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded Syncron is founded.
  2. Funding First funding round of $20.0M.
  3. Funding Latest funding round, Private Equity Round, of $67.0M.
  4. Milestone Reaches Minicorn status.
  5. Acquisition Acquires Mize.

Web traffic of Syncron

The website of Syncron (syncron.com) receives about 19.8K visits a month and ranks #1,291,570 among all websites worldwide, #10,526 in Business Services.

  • Monthly visits
    19.8K

    ▼ 16.2% vs previous month

  • Unique visitors
    10.1K

    per month

  • Global rank
    #1,291,570

    among all websites

  • Category rank
    #10,526

    Business and Consumer Services · Business Services

Similar websites

Websites whose visitors overlap most with Syncron. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
apics.org
apics.org
100%
#1,072,274–
accenture.com
91%
13.4M#3,102View details
exel.com
86%
View details
aberdeen.com
83%
17.2K#1,600,608View details
questsolution.com
questsolution.com
83%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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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. The company's 1st funding round was a Debt – Conventional of $20M, raised on Jun 2017.

Syncron has 178 employees.

The primary company behind Syncron, Syncron Software India Private Limited, reported revenue of β‚Ή74.31 Cr for FY 2025, up 8% year on year.

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 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.

Syncron operates through Syncron Software India Private Limited.

The legal entities of Syncron currently have 2 directors, including Samson Lazarus James Billa, Ramanathan Nanjundeswara Prasanna.

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