About SYNQ3
SYNQ3 is a company based in Colorado Springs (United States) founded in 2007 was acquired by SoundHound in December 2023. SYNQ3 has raised $3.5 million across 2 funding rounds from investors including SoundHound. SYNQ3 has completed 1 acquisition, including Novo Labs. SYNQ3 operates in a competitive market with competitors including Toast, Olo, Zenput, Tillster and SpotOn, among others.
- Headquarter Colorado Springs, United States
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Sectors
Consumer
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Synq3 Restaurant Solutions, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.5 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Series A
Sep 18, 2023
- Investors
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
SoundHound
(Dec 07, 2023)
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People of SYNQ3
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Funding Insights of SYNQ3
SYNQ3 has successfully raised a total of $3.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in September 2023. 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 SYNQ3
SYNQ3 has secured backing from 1 investor. Prominent investors backing the company include SoundHound.
| Investor | Description | Founded Year | Domain | Location |
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Provider of cloud and AI-based sound recognition solutions for multiple applications
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Locked | Locked | Locked |
Investor details for SYNQ3
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Investments & Acquisitions by SYNQ3
SYNQ3 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Novo Labs.
Investment portfolio details for SYNQ3
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-powered conversational e-commerce solutions are offered for restaurants.
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Locked | Locked | 2004 | Locked |
Complete acquisition details for SYNQ3
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Financial Statements - SYNQ3
Detailed financials for SYNQ3
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Synq3 Comparisons
Peer comparison for SYNQ3
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Competitors of SYNQ3
SYNQ3 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 Toast, Olo, Zenput, Tillster and SpotOn, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Restaurant operations are managed via a cloud-based platform.
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| Locked | Locked | Locked |
Olo is recognized as a restaurant technology platform provider.
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| Locked | Locked | Locked |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| Locked | Locked | Locked |
SaaS solutions for restaurant online ordering and analytics are offered.
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| Locked | Locked | Locked |
Provider of cloud-based POS software solutions for businesses and service providers
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SaaS software for restaurant payments and order management is provided.
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Detailed competitors of SYNQ3
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Latest news on Synq3
Complete news archive for SYNQ3
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Frequently Asked Questions about SYNQ3
SYNQ3 was founded in 2007 and raised its 1st funding round 8 years after it was founded.
SYNQ3 is headquartered in Colorado Springs, United States. It is registered at Colorado Springs, Colorado, United States.
SYNQ3 is a funded company, having raised a total of $3.5M across 2 funding rounds to date.
SYNQ3 was founded in 2007 in Colorado Springs, United States, within the restaurant technology sector. A platform is operated that delivers integrated solutions for businesses such as restaurants, cafes, bistros, and bars. Features encompass guest relationship management, staff scheduling, data analytics, reporting, and cost control. Operations focus on the U.S. market, with services designed to support efficiency in daily restaurant functions.
SYNQ3 has made 1 acquisition, including Novo Labs.
SYNQ3 has 1 investor. Key investors include SoundHound.