About Syncronex
Syncronex is a company based in Issaquah (United States) founded in 1999.. Syncronex has raised $8.08 million across 2 funding rounds from investors including Arch Venture Partners, Aequitas Capital and Polaris Partners. The company has 7 employees as of December 31, 2022. Syncronex operates in a competitive market with competitors including BloomReach, CrownPeak, Acquia, WP Engine and Sitecore, among others.
- Headquarter Issaquah, United States
- Employees 7 as on 31 Dec, 2022
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Sectors
TechnologyMedia & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Syncronex, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.08 M (USD)
in 2 rounds
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Latest Funding Round
$2.83 M (USD), Series A
Nov 07, 2007
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Investors
Arch Venture Partners
& 3 more
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Employee Count
7
as on Dec 31, 2022
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Funding Insights of Syncronex
Syncronex has successfully raised a total of $8.08M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.83 million completed in November 2007. 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 2
- Last Round Series A — $2.8M
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First Round
First Round
(15 May 2000)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2007 | Amount | Series A - Syncronex | Valuation | Aequitas Capital |
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| May, 2000 | Amount | Series A - Syncronex | Valuation | Arch Venture Partners , Polaris Partners |
| 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 Syncronex
Syncronex has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Arch Venture Partners, Aequitas Capital and Polaris Partners. 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 firm focused on life science companies
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Founded Year | Domain | Location | |
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US focused venture capital firm
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Founded Year | Domain | Location | |
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Early-stage startups are invested in by the venture capital fund.
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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 Syncronex
| 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 - Syncronex
| 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 |
Syncronex Comparisons
Competitors of Syncronex
Syncronex 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 BloomReach, CrownPeak, Acquia, WP Engine and Sitecore, 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 |
SaaS-based product discovery and personalization for e-commerce are provided.
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| domain | founded_year | HQ Location |
Cloud-based digital experience management & website personalization platform
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| domain | founded_year | HQ Location |
AI powered digital experience and customer data management platform
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| domain | founded_year | HQ Location |
Cloud-based platform for digital experience management
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| domain | founded_year | HQ Location |
Cloud-based platform enables digital experience management for marketers.
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| domain | founded_year | HQ Location |
Cloud-based platform for digital experience management and content marketing
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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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Frequently Asked Questions about Syncronex
When was Syncronex founded?
Syncronex was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is Syncronex located?
Syncronex is headquartered in Issaquah, United States. It is registered at Issaquah, Washington, United States.
Who is the current CEO of Syncronex?
Mike Pirello is the current CEO of Syncronex.
Is Syncronex a funded company?
Syncronex is a funded company, having raised a total of $8.08M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.25M, raised on May 15, 2000.
How many employees does Syncronex have?
As of Dec 31, 2022, the latest employee count at Syncronex is 7.
What does Syncronex do?
Syncronex provides subscription-based monetization solution provider for print and digital publishers globally. The key product Sync Access offers circulation system for subscriber management for print and digital, paywall with integrations with payment gateways, reporting, and analytics. Also offers Single Copy for collecting sales data from the field. Its clientele includes The Washington Post, Tribune, The Blade, Cox Media, Pittsburgh Post Gazette, and Hearst Newspapers.
Who are the top competitors of Syncronex?
Syncronex's top competitors include Acquia, BloomReach and Sitecore.
Who are Syncronex's investors?
Syncronex has 4 investors. Key investors include Arch Venture Partners, Aequitas Capital, Polaris Partners, and Staenberg Venture Partners.
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