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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Phone
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Website
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Social
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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. 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.
Inventory levels are optimized using AI-driven predictive analytics.
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $17.5M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series A - Syrup | Valuation | Accel | |
| Jun, 2022 | Amount | Series A - Syrup | Valuation | Gradient Ventures | |
| Jun, 2021 | Amount | Seed - Syrup | Valuation | 1984 Ventures |
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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 Syrup
Syrup has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Anaplan, Accel and Gradient Ventures. 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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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital arm of Alphabet Inc. investing in AI
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Founded Year | Domain | Location | |
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Early-stage venture capital fund
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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 Syrup
| 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 - Syrup
| 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 |
Syrup Comparisons
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. 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 |
E-commerce tools for shipping, marketing, and financial services are provided.
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| domain | founded_year | HQ Location |
Web-based shipping solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
E-commerce shipping operations are managed via SaaS platform.
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| domain | founded_year | HQ Location |
E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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| domain | founded_year | HQ Location |
Tech-enabled fulfillment services are provided to e-commerce businesses.
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| domain | founded_year | HQ Location |
SaaS-based omnichannel retail management software is provided for retailers.
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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 Syrup
Frequently Asked Questions about Syrup
When was Syrup founded?
Syrup was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Syrup located?
Syrup is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of Syrup?
James Theuerkauf is the current CEO of Syrup. They have also founded this company.
Is Syrup a funded company?
Syrup is a funded company, having raised a total of $24.75M across 3 funding rounds to date.
What does Syrup do?
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.
Who are the top competitors of Syrup?
Syrup's top competitors include Shiprocket, Shippo and ShipBob.
What products or services does Syrup offer?
Syrup offers AI Inventory Optimization.
Who are Syrup's investors?
Syrup has 7 investors. Key investors include Anaplan, Accel, Gradient Ventures, 1984 Ventures, and Flybridge Capital Partners.
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