Sunrise, Inc.

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Sunrise, Inc. - overview

Location

New York, NY, US

Primary Industry

Software

About

Sunrise, Inc. is a New York-based company that specializes in innovative digital solutions, aimed at enhancing operational efficiency and streamlining project management for small to medium-sized enterprises. Sunrise, Inc. offers a digital platform that integrates project management and collaboration tools, facilitating seamless communication for businesses.


The company was acquired by Microsoft in February 2015 for USD 100 mn. Based in New York, US, Sunrise was involved in 4 different deals, with the most recent deal occurring on February 4, 2015. The company's total amount raised is USD 100 mn, all from the Trade Sale funding round, with Microsoft being the investor. Sunrise.


am provides a comprehensive suite of digital solutions designed to improve business processes. Their platform combines project management, team collaboration, and customer relationship management, catering specifically to the needs of small to medium-sized enterprises across various sectors, including technology, retail, and professional services. By facilitating real-time communication and efficient data sharing, Sunrise. am effectively addresses challenges such as project delays and resource misallocation, serving a diverse range of clients in Europe and North America.


Sunrise. am generates revenue through a subscription-based model, offering clients tiered access to its platform features. Clients can choose between monthly or annual subscriptions tailored to their business needs. The company also engages in bulk licensing agreements with enterprises, ensuring revenue stability through long-term contracts.


The flagship product, which consolidates multiple functionalities, constitutes a significant portion of revenue, alongside potential direct-to-consumer sales strategies that foster flexible user engagement and maximize revenue opportunities. Following its acquisition by Microsoft, Sunrise, Inc. plans to leverage the recent funding to enhance its product offerings and expand market reach. The company is focused on developing new features for its platform and may launch these improvements in the coming year.


Additionally, Sunrise aims to penetrate new markets in Asia and South America by 2025, supported by the financial backing from the Trade Sale acquisition, which will facilitate further development and marketing initiatives.


Current Investors

NextView Ventures, SV Angel, 500 Global

Primary Industry

Software

Sub Industries

Content Management Software

Website

www.sunrise.am

Verticals

Mobile Apps

Company Stage

Acquired

Total Amount Raised

Subscriber access only

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