About Syndy
Syndy is a company based in Amstelveen (Netherlands) founded in 2010 was acquired by Icecat in February 2018.. Syndy has raised $450 thousand across 2 funding rounds from investors including Icecat. Syndy offers products and services including Icecat PIM, Stock and Pricing, Integrations, and Order EDI. Syndy operates in a competitive market with competitors including Klaviyo, Elastic Path Software, Yotpo, BILT and Demandware, among others.
- Headquarter Amstelveen, Netherlands
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Icecat Nv
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Products & Services of Syndy
Syndy offers a comprehensive portfolio of products and services, including Icecat PIM, Stock and Pricing, Integrations, and Order EDI. 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.
System for centralizing and enriching product data.
Automates updates for inventory and pricing data.
Links platforms like Amazon and Shopify for data flow.
Facilitates electronic order exchanges with suppliers.
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Funding Insights of Syndy
Syndy has successfully raised a total of $450K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $300 thousand completed in March 2012. 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 Seed — $300,000
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First Round
First Round
(01 Feb 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2012 | Amount | Seed - Syndy | Valuation |
investors |
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| Feb, 2011 | Amount | Seed - Syndy | Valuation |
investors |
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| 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 Syndy
Syndy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Icecat. 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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Icecat is recognized as a leading AI-powered platform for product content management and syndication.
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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 Syndy
| 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 - Syndy
| 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 |
Syndy Comparisons
Competitors of Syndy
Syndy 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 Klaviyo, Elastic Path Software, Yotpo, BILT and Demandware, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS email marketing solutions are offered to e-commerce businesses.
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| domain | founded_year | HQ Location |
API-based enterprise commerce and content management platform is delivered.
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Cloud-based marketing platform for e-tailers
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| domain | founded_year | HQ Location |
Developer of an app providing 3D assembly instructions for consumer goods
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| domain | founded_year | HQ Location |
Enterprise cloud commerce solutions are provided for retailers and manufacturers.
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| domain | founded_year | HQ Location |
Marketing solutions for e-commerce businesses are provided by Bango.
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| 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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Frequently Asked Questions about Syndy
When was Syndy founded?
Syndy was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Syndy located?
Syndy is headquartered in Amstelveen, Netherlands. It is registered at Amstelveen, North Holland, Netherlands.
Is Syndy a funded company?
Syndy is a funded company, having raised a total of $450K across 2 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Feb 01, 2011.
What does Syndy do?
Syndy was founded in 2010 in Amstelveen, Netherlands, as a platform for product content distribution in the e-commerce sector. Suppliers data on products, prices, and details is fed into the system, enabling online retailers to integrate and sort items efficiently. Integration with PIM, DAM, ERP, MDM systems, and e-commerce analytics is supported to streamline operations between suppliers and retailers.
Who are the top competitors of Syndy?
Syndy's top competitors include Klaviyo, CommerceIQ and Yotpo.
What products or services does Syndy offer?
Syndy offers Icecat PIM, Stock and Pricing, Integrations, and Order EDI.
Who are Syndy's investors?
Syndy has 1 investor. Key investors include Icecat.