SyncHR, Inc.
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SyncHR, Inc. - overview
Established
2010
Location
Denver, CO, US
Primary Industry
Software
About
SyncHR, Inc. is a technology solutions provider that specializes in optimizing business operations through innovative software products designed for mid to large-sized enterprises. Founded in 2010 in Denver, US, SyncHR, Inc. focuses on delivering advanced technology solutions.
The company's latest funding round was in April 2021, raising USD 11. 980 mn, which is also the total amount raised to date. John Cuellar founded the company, and Pamela Glick currently serves as the CEO. SyncHR has completed a total of 6 deals, with PrimePay, LLC acquiring it in April 2021.
SyncHR, Inc. provides advanced technology solutions aimed at optimizing operations through a suite of software products. These tools enhance workflow efficiency and data integration across various sectors, addressing challenges such as data silos and inefficient communication workflows. The company serves a diverse client base in industries such as finance, healthcare, and supply chain management, primarily in North America and Europe.
SyncHR, Inc. operates on a subscription-based revenue model, allowing clients to access their software products for a recurring fee. This framework promotes predictable revenue streams and fosters long-term client relationships, with enterprises typically engaging in multiyear agreements. Pricing plans are structured to accommodate varying levels of usage and access, ensuring scalability as businesses grow.
SyncHR’s future growth strategy includes the design and launch of new products aimed at expanding their market reach, particularly in North America and Europe. The recent funding raised in April 2021 will support these initiatives. Following its acquisition by PrimePay, LLC, SyncHR is also expected to leverage new resources for product development and market expansion.
Current Investors
Aquiline Capital Partners, PrimePay, LLC, New Enterprise Associates
Primary Industry
Software
Sub Industries
Analytics & Performance Software, HR & Workforce Software
Website
www.synchr.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
SyncHR, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | SyncHR, Inc. | - |
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