About Synup
Synup is a company based in New York (United States) founded in 2013 by Ashwin Ramesh.. Synup has raised $6.5 million across 2 funding rounds from investors including Vertex Ventures SG and Prime Venture Partners. The company has 50 employees as of March 29, 2024. Synup has completed 2 acquisitions, including Clientjoy and OptimoRank. Synup offers products and services including Listings Management, Reviews Management, Social Media Platform, and Campaigns Tool. Synup operates in a competitive market with competitors including Uberall, Netsertive, SOCi, Brandmuscle and Promoboxx, among others.
- Headquarter New York, United States
- Employees 50 as on 29 Mar, 2024
- Founders Ashwin Ramesh
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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 Synup Digital Private Limited
- Date of Incorporation 21 May, 2014
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$2.32 M (USD)-9.06as on Mar 31, 2023
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Net Profit
$239.67 K (USD)-11.22as on Mar 31, 2023
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EBITDA
$258.36 K (USD)-31.24as on Mar 31, 2023
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Total Equity Funding
$6.5 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series A
Sep 25, 2017
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Investors
Vertex Ventures SG
& 1 more
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Employee Count
50
as on Mar 29, 2024
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Investments & Acquisitions
Clientjoy
& 1 more
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Products & Services of Synup
Synup offers a comprehensive portfolio of products and services, including Listings Management, Reviews Management, Social Media Platform, and Campaigns Tool. 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.
Syncs business listings across directories for consistency.
Monitors and responds to customer reviews online.
Assists in creating and publishing social media content.
Drives marketing campaigns from business profiles.
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Funding Insights of Synup
Synup has successfully raised a total of $6.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in September 2017. 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 — $6.0M
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First Round
First Round
(12 Aug 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Series A - Synup | Valuation | Vertex Ventures | |
| Aug, 2014 | Amount | Seed - Synup | Valuation |
investors |
| 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 Synup
Synup has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Vertex Ventures SG and Prime Venture 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 fund focused on tech startups
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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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 Synup
Synup has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Clientjoy and OptimoRank. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Local rank tracking software for businesses
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2022 | ||||
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Cloud based platform offering CRM software for businesses
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Synup
| 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 |
Synup Comparisons
Competitors of Synup
Synup 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 Uberall, Netsertive, SOCi, Brandmuscle and Promoboxx, 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 |
Online presence for local businesses is managed centrally across platforms.
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| domain | founded_year | HQ Location |
A cloud-based digital marketing platform for SMBs is offered.
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| domain | founded_year | HQ Location |
Marketing platform for businesses
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| domain | founded_year | HQ Location |
Local marketing management platform
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| domain | founded_year | HQ Location |
Customized co-branded campaigns are enabled between brands and retailers.
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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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Latest news on Synup
Frequently Asked Questions about Synup
When was Synup founded?
Synup was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Synup located?
Synup is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Synup?
Ashwin Ramesh is the current CEO of Synup. They have also founded this company.
Is Synup a funded company?
Synup is a funded company, having raised a total of $6.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Aug 12, 2014.
How many employees does Synup have?
As of Mar 29, 2024, the latest employee count at Synup is 50.
What is the annual revenue of Synup?
Annual revenue of Synup is $2.32M as on Mar 31, 2023.
What does Synup do?
Synup was founded in 2013 in New York, United States, within the software sector focused on online presence management. Business profiles are optimized across multiple platforms using tools for listing updates and review monitoring. Customer feedback is handled through response features, while social media content is created and scheduled. Performance analytics are delivered, along with integrations to other business applications, supporting operations in local and digital markets.
Who are the top competitors of Synup?
Synup's top competitors include Uberall, SOCi and Netsertive.
What products or services does Synup offer?
Synup offers Listings Management, Reviews Management, Social Media Platform, and Campaigns Tool.
How many acquisitions has Synup made?
Synup has made 2 acquisitions, including Clientjoy, and OptimoRank.
Who are Synup's investors?
Synup has 2 investors. Key investors include Vertex Ventures SG, and Prime Venture Partners.
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