About Syook
Syook is a company based in Bengaluru (India) founded in 2016 by Arjun Nagarajan, Aman Agarwal, and Saurabh Sharma. Syook has raised $2.21 million across 6 funding rounds from investors including ONGC, IP Ventures and Jyoti Jain. The company has 27 employees as of April 06, 2024. Syook offers products and services including InSite Platform, Syook Devices, Hardware Marketplace, Asset Management, and People Management. Syook operates in a competitive market with competitors including Trimble, Orbital Insight, PlanetRisk, Digital Map Products and SatSure, among others.
- Headquarter Bengaluru, India
- Employees 27 as on 06 Apr, 2024
- Founders Arjun Nagarajan, Aman Agarwal, Saurabh Sharma
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingTechnology
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Phone
*********
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Website
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Social
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- Legal Name Sparkyo Technology Private Limited
- Date of Incorporation 11 Jan, 2016
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$563.08 K (USD)31.59as on Mar 31, 2023
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Net Profit
-$370.94 K (USD)-69.08as on Mar 31, 2023
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EBITDA
-$211.72 K (USD)-301.09as on Mar 31, 2023
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Total Equity Funding
$2.21 M (USD)
in 6 rounds
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Latest Funding Round
$1 M (USD), Series A
Aug 24, 2021
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Investors
ONGC
& 53 more
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Employee Count
27
as on Apr 06, 2024
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Products & Services of Syook
Syook offers a comprehensive portfolio of products and services, including InSite Platform, Syook Devices, Hardware Marketplace, Asset Management, and People Management.
No-code platform for real-time rules and workflows in tracking.
Devices for real-time locating and asset monitoring systems.
Marketplace for RTLS hardware and add-on solutions.
Solution for digital dashboard tracking of assets.
System for monitoring personnel movements in facilities.
Platform for tracking truck movements and locations.
People of Syook
Unlock access to complete
Funding Insights of Syook
Syook has successfully raised a total of $2.21M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $1 million completed in August 2021. 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 6
- Last Round Series A — $1.0M
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First Round
First Round
(07 Jun 2017)
- Investors Count 54
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Series A - Syook | Valuation | Inflection Point Ventures , ONGC |
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| Feb, 2021 | Amount | Seed - Syook | Valuation | ONGC | |
| Dec, 2019 | Amount | Seed - Syook | Valuation | Chandrashekar Sridhar , Arvind Gopalakrishnan |
Investors in Syook
Syook has secured backing from 54 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include ONGC, IP Ventures and Jyoti Jain.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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Provider of crude oil & natural gas exploration and production services
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Founded Year | Domain | Location | |
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JJ
Jyoti Jain |
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Founded Year | Domain | Location |
Investments & Acquisitions by Syook
Financial Statements - Syook
Syook Comparisons
Competitors of Syook
Syook 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 Trimble, Orbital Insight, PlanetRisk, Digital Map Products and SatSure, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based positioning solutions are offered for industrial sectors.
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| domain | founded_year | HQ Location |
Geospatial data is analyzed from satellite imagery for enterprise insights.
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| domain | founded_year | HQ Location |
Risk and opportunity analysis is conducted for businesses globally.
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| domain | founded_year | HQ Location |
Location-based analytic solutions are provided for property management and analysis.
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| domain | founded_year | HQ Location |
Geospatial data analytics are powered by AI for business insights.
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| domain | founded_year | HQ Location |
Sensor-based location monitoring systems are provided for healthcare workforce.
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Frequently Asked Questions about Syook
Syook was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Syook is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Arjun Nagarajan is the current CEO of Syook. They have also founded this company.
Syook is a funded company, having raised a total of $2.21M across 6 funding rounds to date. The company's 1st funding round was a Seed of $240.88K, raised on Jun 07, 2017.
As of Apr 06, 2024, the latest employee count at Syook is 27.
Annual revenue of Syook is $563.08K as on Mar 31, 2023.
Syook was founded in 2016 in Bengaluru, India, as a provider of AI-powered location tracking systems. Real-time visibility is offered for assets including people, trucks, material handling equipment, and hospital devices within facility layouts. An enterprise IIoT platform is utilized to deliver actionable insights for data-driven decisions across productivity enhancement. Sectors served include oil and gas, healthcare, and warehousing. Modules cover asset management, people management, and visitor management.
Syook's top competitors include Trimble, Orbital Insight and PlanetRisk.
Syook offers InSite Platform, Syook Devices, Hardware Marketplace, Asset Management, and 2 more products and services.
Syook has 54 investors. Key investors include ONGC, IP Ventures, Jyoti Jain, Chandrashekar Sridhar, and Arvind Gopalakrishnan.
The valuation of Syook is $7.03M as of Feb 2021.