Symbiont.io, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Symbiont.io, Inc. - overview

Established

2013

Location

New York, NY, US

Primary Industry

Software

About

Symbiont. io, Inc. is a technology firm specializing in data-driven solutions for business efficiency, offering software applications that enhance operations and streamline processes across various sectors. Founded in 2013, Symbiont.


io, Inc. is headquartered in New York, US. The company develops technology solutions aimed at operational efficiency and data management. Co-founded by Annick Saralegui, Evan Wagner, and Mark Smith, the firm has conducted 8 deals.


Its latest funding round was a SERIES B in December 2022, raising USD 21. 50 mn, led by Nasdaq Ventures and supported by investors including Citi Ventures, Galaxy, and Raptor Capital Management. The total amount raised by the company is USD 21. 50 mn.


Symbiont. io, Inc. specializes in technology-driven products that include a suite of software applications aimed at improving operational efficiency and streamlining business processes. Their offerings tackle challenges in data management, customer relationship management, and project collaboration, serving a diverse clientele including small to medium-sized enterprises (SMEs) and large corporations in North America, Europe, and Asia-Pacific.


The revenue model of Symbiont. io, Inc. is subscription-based, where clients pay recurring fees for software access. This structure includes various pricing tiers for different customer segments, encompassing both B2B and direct-to-consumer transactions.


Premium pricing reflects advanced features, while partnerships with industry leaders enhance revenue streams and encourage long-term client commitments. In December 2022, Symbiont. io, Inc. filed for Chapter 11 bankruptcy protection, which may influence future growth strategies.


While specific product launches and market expansions are not detailed, the company will need to reassess its strategic direction and utilize insights from its recent funding to navigate challenges and opportunities in growth.


Current Investors

Kayon Partners, Atlantic Merchant Capital Investors, DHVC

Primary Industry

Software

Sub Industries

e-Financial, Analytics & Performance Software, Accounting/Finance Software

Website

www.symbiont.io

Verticals

Blockchain, Cloud Computing, FinTech, FinTech

Company Stage

Ceased Operations

Total Amount Raised

Subscriber access only

Symbiont.io, Inc. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.