About Syrinix
Syrinix is a company based in Norwich (United Kingdom) founded in 2004 was acquired by Badger Meter in January 2023.. Syrinix has raised $15.72 million across 8 funding rounds from investors including Badger Meter, Turquoise and ACF Investors. Syrinix offers products and services including Municipal Meters, Water Quality Monitoring, Analytics Software, and Gas Monitoring. Syrinix operates in a competitive market with competitors including Conservation Labs, GHGSat, TaKaDu, Wint and Fracta, among others.
- Headquarter Norwich, United Kingdom
- Stage Minicorn
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Sectors
EnvironmentTechnology
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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 Syrinix Limited
- Date of Incorporation 06 Oct, 2003
- Jurisdiction NORWICH, NORFOLK, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.72 M (USD)
in 8 rounds
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Latest Funding Round
$496 K (USD), Series A
Feb 29, 2020
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Investors
Badger Meter
& 5 more
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Employee Count
Employee Count
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Acquired by
Badger Meter
(Jan 05, 2023)
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Products & Services of Syrinix
Syrinix offers a comprehensive portfolio of products and services, including Municipal Meters, Water Quality Monitoring, Analytics Software, and Gas Monitoring. 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.
Devices for accurate flow measurement in municipal water systems
Systems for tracking parameters like pH and turbidity
Tools for data visualization and network monitoring
Equipment for detecting gases in industrial environments
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Leadership Team
1 people
Senior Team
1 people
Sales and Marketing
1 people
Operations Team
1 people
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Funding Insights of Syrinix
Syrinix has successfully raised a total of $15.72M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $496 thousand completed in February 2020. 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 8
- Last Round Series A — $496,000
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Series A - Syrinix | Valuation |
investors |
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| Mar, 2017 | Amount | Series A - Syrinix | Valuation |
investors |
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| Sep, 2016 | Amount | Series A - Syrinix | 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 Syrinix
Syrinix has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Badger Meter, Turquoise and ACF Investors. 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 firm focused on angel investments
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Founded Year | Domain | Location | |
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Turquoise is engaged in financial advisory and investment for climate technologies.
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Founded Year | Domain | Location | |
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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 Syrinix
| 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 - Syrinix
| 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 |
Syrinix Comparisons
Competitors of Syrinix
Syrinix 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 Conservation Labs, GHGSat, TaKaDu, Wint and Fracta, 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 |
IoT-based solutions for monitoring water pipelines are offered.
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| domain | founded_year | HQ Location |
Satellite-based imaging services for greenhouse gas emission monitoring are offered.
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| domain | founded_year | HQ Location |
Water and gas networks are monitored via cloud-based software.
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| domain | founded_year | HQ Location |
Invoice payable and expense management software is provided by Wint.
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| domain | founded_year | HQ Location |
Provider of a SaaS platform to assess water conditions for utilities
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| domain | founded_year | HQ Location |
AI image recognition software is utilized for building maintenance inspections.
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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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Latest news on Syrinix
Frequently Asked Questions about Syrinix
When was Syrinix founded?
Syrinix was founded in 2004.
Where is Syrinix located?
Syrinix is headquartered in Norwich, United Kingdom. It is registered at Norwich, Norfolk, United Kingdom.
Is Syrinix a funded company?
Syrinix is a funded company, having raised a total of $15.72M across 8 funding rounds to date. The company's 1st funding round was a Series A of $3.3M, raised on Jun 01, 2004.
What does Syrinix do?
Syrinix has developed hardware and software solutions for water network monitoring. The hardware solution offered is called as PipeMinder which collects monitors network stresses, pressure, negative spikes, and detects leaks. Provides a cloud platform called Radar for data dashboarding and analysis to provide actionable insights. Offers a sensor solution for real-time network monitoring and active risk management. Customers are Black and Veatch, Bournemouth Water, Yorkshire Water, CH2MHILL, UVDB, PG E Corporation, and Anglian Water.
Who are the top competitors of Syrinix?
Syrinix's top competitors include GHGSat, Fracta and Conservation Labs.
What products or services does Syrinix offer?
Syrinix offers Municipal Meters, Water Quality Monitoring, Analytics Software, and Gas Monitoring.
Who are Syrinix's investors?
Syrinix has 6 investors. Key investors include Badger Meter, Turquoise, ACF Investors, Turquoise, and London Business Angels.
What is Syrinix's valuation?
The valuation of Syrinix is $4.98M as of Feb 2020.
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