About Synertrade
Synertrade is a Technology company based in Munchen (Germany) founded in 1999, and was acquired by Digital Dimension in August 2015. It operates as a source-to-pay SaaS suite is developed for procurement automation. Its website synertrade.com draws about 23 thousand monthly visits. Synertrade offers products and services including SRM, P2P, and S2C. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Suite. Its legal entity is SYNERTRADE, INC. Its competitors include Sage Group, Coupa, Airbase, Bizongo and Procurify and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
SynerTrade, a division of Digital Dimension, develops source-to-pay application suite for companies to automate their procurement process. Its solution suite helps in procurement process in the following ways: Identifying right suppliers, plan, execute and analyze tenders, organize complex online negotiations and manage contracts, manage purchase requisitions, create and approve purchase orders, manage goods delivery, and reception, supplier data, evaluate risk and performance level, supplier collaboration and analytics on purchasing data for spend purchasing intelligence. Customers include Sodiaal, Alstom, Engie, Shiseido etc.
- Headquarters Munchen, Germany
- SectorsTechnology
- Website category Business and Consumer Services · Business Services
- Website synertrade.com/en
- Social LinkedIn X YouTube
- Acquired by Digital Dimension (Aug 2015)
- Legal Name Synertrade, Inc
- InvestorsArts et Biens
& 1 more
- Acquired byDigital Dimension
(Aug 2015)
Products & Services of Synertrade
Synertrade offers a comprehensive portfolio of products and services, including SRM, P2P, and S2C.
Software for managing supplier relationships in procurement operations.
Platform that handles procurement from purchase to payment processes.
Tools for sourcing and contract management in business supply chains.
Apps and channels of Synertrade
its YouTube channel Synertrade has 147 subscribers and 26 videos.
Videos from Synertrade
The most watched videos on Synertrade's YouTube channel, Synertrade (147 subscribers). Click a video to play it here.
More on Synertrade.
Funding Insights of Synertrade
- Total Rounds 2
- Investors Count 1
All 2 funding rounds of Synertrade 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 |
|---|---|---|---|---|---|
| Jun 2002 | – | Series A | – | – | |
| Jun 2000 | – | Unspecified | – | – |
2 investors in total: 2 institutional.
Investors in Synertrade
Synertrade has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Arts et Biens and Digital Dimension.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Arts et Biens is engaged in private equity investments. | – | artsetbiens.com | Paris, France | |
Digital Dimension is engaged in providing creative visual services. | – | digitaldimension.com | Montreal, Canada |
Investor details for Synertrade
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- Round participation
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People of Synertrade
12 people are tracked at Synertrade (2 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Arnaud Bonnet | Head Of Service Delivery | Leadership |
Andres Santarelli | Delivery Director Italy | Leadership |
Carlo Consoli | Customer Success Manager | Team |
Jean Vincent | Consultant | Team |
Madalina Ioana Iliescu | Software Tester | Team |
Diego Bezerra | International E-auction Specialist & Team Manager | Team |
Andreea Totora | Senior Software Tester | Team |
Bristena Ene | Senior Quality Assurance Engineer | Team |
Jellissa Djida | Consultante Fonctionnel | Team |
Pascal Poirier | Directeur De Projets | Team |
Yin Yao | Consultant Fonctionnel Expert Procure-to-pay | Team |
Andrei Cehan | Software Quality Assurance Engineer | Team |
Complete people profiles for Synertrade
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Synertrade
4 dated milestones of Synertrade across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Synertrade is founded.
- Funding First funding round.
- Funding Latest funding round, Series A,.
- Exit Acquired by Digital Dimension.
Competitors of Synertrade
Synertrade has 10 listed competitors in our database, 8 of them funded. They include Sage Group, Coupa, Airbase, Bizongo and Procurify, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sage.com | 1981 | United States | – | 1,877 | Cloud-based accounting and payroll solutions for small and medium businesses | |
| coupa.com | 2006 | San Mateo, United States | $169M | 643 | Cloud-based end-to-end spend management software is delivered for businesses. | |
| airbase.com | 2017 | San Francisco, United States | $90.5M | 77 | Procure-to-pay management software is offered for business operations. | |
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | |
| procurify.com | 2012 | Vancouver, Canada | $82.49M | – | SaaS spend management software is used to automate procure-to-pay operations. | |
| ivalua.com | 2000 | Redwood, United States | $134.45M | 236 | Procurement management solutions are delivered for business operations. | |
| esker.com | 1985 | Middleton, United States | – | 223 | AI and cloud-enabled source-to-pay automation solutions are provided for businesses. | |
| sciquest.com | 1995 | Cary, United States | $63.8M | – | Cloud-based SaaS for procurement automation and spend management is offered. | |
| tradeshift.com | 2010 | San Francisco, United States | $1.24B | – | Cloud-based source-to-pay management solutions are provided for businesses. | |
| logicsource.com | 2009 | Norwalk, United States | $205.68M | 196 | Cloud-based sourcing and procurement solutions are provided for multiple industries. |
Detailed competitors of Synertrade
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
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Web traffic of Synertrade
The website of Synertrade (synertrade.com) receives about 23K visits a month and ranks #753,642 among all websites worldwide, #6,048 in Business Services.
- Monthly visits23K
▼ 1.2% vs previous month
- Unique visitors5.9K
per month
- Global rank#753,642
among all websites
- Category rank#6,048
Business and Consumer Services · Business Services
- Bounce rate26%
- Pages per visit8.5
- Average visit4 min 49 sec
- DevicesDesktop 79% · Mobile 21%
Websites whose visitors overlap most with Synertrade. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ivalua.com | 100% | 289.3K | #112,641 | View details | |
| iasta.com | 99% | – | – | View details | |
| bravosolution.com | 91% | 108.7K | #314,711 | View details | |
futurepurchasing.com | futurepurchasing.com | 74% | – | #11,290,380 | – |
purchasingnetwork.com | purchasingnetwork.com | 74% | – | #11,017,049 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Synertrade
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Procurement & Supply Chain IT
10 companies that operate in the same segment as Synertrade (Procurement & Supply Chain IT), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based end-to-end spend management software is delivered for businesses. | 2006 | San Mateo, California, United States | USD 169 M | USD 39.68 M | 3,711 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Zebra Technologies is recognized for providing intelligent operation solutions globally. | 1969 | Lincolnshire, Illinois, United States | – | USD 5.43 B | 9,900 | |
AI and cloud-based supply chain management solutions are provided. | 1985 | Scottsdale, Arizona, United States | USD 800 M | – | – | |
AI and SaaS-based robots for warehouse automation are provided. | 2012 | Roswell, United States | USD 545.23 M | USD 39.76 M | 553 | |
Provider of supply chain financing solutions for small and medium enterprises | 2017 | Mumbai, Maharashtra, India | USD 269.95 M | USD 48.5 M | 1,506 | |
AI-based electronic invoicing and supply chain management solution for businesses | 2009 | San Francisco, California, United States | USD 220.46 M | – | 185 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M | – | – | |
AI-powered software for legal contract management is utilized. | 2012 | Lehi, Utah, United States | USD 170.95 M | – | 1,164 | |
Procure-to-pay management software is offered for business operations. | 2017 | San Francisco, California, United States | USD 90.5 M | – | – |
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Related news about Synertrade
Complete news archive for Synertrade
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Frequently Asked Questions about Synertrade
Synertrade was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Synertrade is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
SynerTrade, a division of Digital Dimension, develops source-to-pay application suite for companies to automate their procurement process. Its solution suite helps in procurement process in the following ways: Identifying right suppliers, plan, execute and analyze tenders, organize complex online negotiations and manage contracts, manage purchase requisitions, create and approve purchase orders, manage goods delivery, and reception, supplier data, evaluate risk and performance level, supplier collaboration and analytics on purchasing data for spend purchasing intelligence. Customers include Sodiaal, Alstom, Engie, Shiseido etc.
Synertrade's top competitors include Coupa, Sage Group and Airbase.
Synertrade offers SRM, P2P, and S2C.
Synertrade has 2 investors. Key investors include Arts et Biens, and Digital Dimension.
Synertrade operates through Synertrade, Inc.
Yes. Synertrade was acquired by Digital Dimension in August 2015.