About Syrup
Syrup is a company based in Cambridge (United States) founded in 2020 by Alaa Abdel Latif, James Theuerkauf, and Ferdinand Stockmann was acquired by Anaplan in September 2025. It operates as a AI-as-a-Service. Syrup has raised $24.75 million across 3 funding rounds from investors including Anaplan, Accel and Gradient Ventures. Syrup offers products and services including AI Inventory Optimization. Syrup operates in a competitive market with competitors including Shiprocket, Shippo, Sorted, ShipBob and Deliverr, among others.
- Headquarter Cambridge, United States
- Founders Alaa Abdel Latif, James Theuerkauf, Ferdinand Stockmann
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Sectors
TechnologyRetail Transportation, Automotive & Logistics
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- Legal Name Syrup Tech, Inc.
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Products & Services of Syrup
Syrup offers a comprehensive portfolio of products and services, including AI Inventory Optimization.
Inventory levels are optimized using AI-driven predictive analytics.
People of Syrup
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Funding Insights of Syrup
Syrup has successfully raised a total of $24.75M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $17.5 million completed in December 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 Syrup
Syrup has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Anaplan, Accel and Gradient Ventures.
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Accel is recognized as a leading venture capital firm.
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Venture capital arm of Alphabet Inc. investing in AI
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Early-stage venture capital fund
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Investor details for Syrup
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Investments & Acquisitions by Syrup
Investment portfolio details for Syrup
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Financial Statements - Syrup
Detailed financials for Syrup
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Syrup Comparisons
Peer comparison for Syrup
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Competitors of Syrup
Syrup 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 Shiprocket, Shippo, Sorted, ShipBob and Deliverr, among others.
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E-commerce tools for shipping, marketing, and financial services are provided.
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Web-based shipping solutions are provided for e-commerce businesses.
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E-commerce shipping operations are managed via SaaS platform.
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E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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Tech-enabled fulfillment services are provided to e-commerce businesses.
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SaaS-based omnichannel retail management software is provided for retailers.
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Detailed competitors of Syrup
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Latest news on Syrup
Complete news archive for Syrup
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Frequently Asked Questions about Syrup
Syrup was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Syrup is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
James Theuerkauf is the current CEO of Syrup. They have also founded this company.
Syrup is a funded company, having raised a total of $24.75M across 3 funding rounds to date.
AI-driven tools are utilized to optimize inventory management for businesses. Solutions are focused on predictive analytics to reduce costs and improve efficiency. The technology sector is primarily served with innovative software applications.
Syrup's top competitors include Shiprocket, Shippo and ShipBob.
Syrup offers AI Inventory Optimization.
Syrup has 7 investors. Key investors include Anaplan, Accel, Gradient Ventures, 1984 Ventures, and Flybridge Capital Partners.