About The Sync Project
The Sync Project is a company based in Boston (United States) founded in 2014 was acquired by Bose in March 2018.. The Sync Project has raised $5 million across 1 funding round from investors including PureTech Health, Bose and Reid Hoffman. The Sync Project offers products and services including Relaxation Music App and Sync Music Bot. The Sync Project operates in a competitive market with competitors including MediMusic, SingFit, Rubato, Music 4 Life and AudioTherapy, among others.
- Headquarter Boston, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
May 17, 2017
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Investors
PureTech Health
& 4 more
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Employee Count
Employee Count
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Acquired by
Bose
(Mar 16, 2018)
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Products & Services of The Sync Project
The Sync Project offers a comprehensive portfolio of products and services, including Relaxation Music App and Sync Music Bot. 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.
App providing music for improving sleep and relaxation.
Bot delivering work-focused music via Slack for focus enhancement.
Funding Insights of The Sync Project
The Sync Project has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in May 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 1
- Last Round Series A — $5.0M
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First Round
First Round
(17 May 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Series A - The Sync Project | 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 The Sync Project
The Sync Project has secured backing from 5 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include PureTech Health, Bose and Reid Hoffman. 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 specializing in early-stage tech investments and founder support.
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Founded Year | Domain | Location | |
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Immunotherapeutics are developed for inflammation, fibrosis, and lung diseases.
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Founded Year | Domain | Location | |
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Audio products are manufactured and technologies are developed.
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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 The Sync Project
| 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 - The Sync Project
| 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 |
The Sync Project Comparisons
Competitors of The Sync Project
The Sync Project 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 MediMusic, SingFit, Rubato, Music 4 Life and AudioTherapy, 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 |
Provider of a smart device and app for the user's stress & anxiety management
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| domain | founded_year | HQ Location |
Mobile app for interactive scorekeeping in traditional games is developed.
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| domain | founded_year | HQ Location |
AI-powered music therapy is delivered for elders with dementia.
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| domain | founded_year | HQ Location |
A mobile app is provided for creating music therapy sessions.
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| domain | founded_year | HQ Location |
AI-based audio therapy is provided for hemodialysis patient relaxation.
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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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Frequently Asked Questions about The Sync Project
When was The Sync Project founded?
The Sync Project was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is The Sync Project located?
The Sync Project is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is The Sync Project a funded company?
The Sync Project is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on May 17, 2017.
What does The Sync Project do?
Founded in 2014 in Boston, United States, The Sync Project operates in the health technology sector. A platform is being developed to measure musics therapeutic effects through AI analysis of biometrics from various sensors. Music characteristics are mapped to real-time data to decode personalized impacts on conditions such as pain, fatigue, anxiety, and sleeplessness, with big data utilized for broader insights.
Who are the top competitors of The Sync Project?
The Sync Project's top competitors include MediMusic, SingFit and Music 4 Life.
What products or services does The Sync Project offer?
The Sync Project offers Relaxation Music App and Sync Music Bot.
Who are The Sync Project's investors?
The Sync Project has 5 investors. Key investors include PureTech Health, Bose, Reid Hoffman, Greylock Partners, and Esther Dyson.
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