- Companies
- Slync.io
Slync.io Revenue, Valuation, Funding & Investors
Slync.io is valued at $240M as of February 2023, a 80.0x multiple on its last reported $3M revenue.
Last Slync.io valuation
$240M
Undisclosed stage · Feb 2023
Last Slync.io funding round
$25M
Undisclosed stage · Feb 2023
Slync.io revenue
$3M
Undisclosed stage · Feb 2023
Key investors in Slync.io
Correlation Ventures
Blumberg Capital
ACME Capital
235 Capital Partners
Gaingels
Goldman Sachs
About Slync.io
Slync.io is an Atlanta-headquartered logistics orchestration platform for global shippers and freight forwarders. Its AI-driven system integrates ERP, TMS, and EDI data to automate workflows, track shipments in real-time, and coordinate teams across air, ocean, and ground transport. Slync serves 3PL providers and enterprises like UPS Supply Chain Solutions to reduce manual processes and improve visibility in international supply chains.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$3M (Feb 2023)
Valuation
$240M (Feb 2023)
Slync.io Valuation
Slync.io is currently valued at $240M, based on its undisclosed-stage round in February 2023.
The $25M round was led by Goldman Sachs, with participation from Blumberg Capital, ACME Capital and Gaingels.
Slync.io valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Feb 2023 | Undisclosed stage | $240M | 80.0x |
Slync.io Revenue
Slync.io's latest recorded revenue is $3M, as of its undisclosed-stage round in February 2023. At a $240M valuation, that implies a 80.0x revenue multiple.
Slync.io revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Feb 2023 | $3M | $240M | 80.0x | Undisclosed stage |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Slync.io Funding History
Slync.io has raised a total of $101M across 6 funding rounds.
Slync.io's first fundraising round was a $800K seed round in March 2018. The most recent completed round was a $25M undisclosed-stage round in February 2023.
Slync.io funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2023 | Undisclosed stage | Goldman Sachs (lead); Blumberg Capital; ACME Capital; Gaingels | $25M | $240M | Slync.io is a supply chain management software startup providing an AI-powered platform that automates logistics processes, including freight booking and order management, by handling emails, spreadsheets, PDFs, and messages to improve efficiency for global shippers and logistics providers. The company faced significant challenges in 2022, including liquidity issues, failure to pay staff, executive changes, and fraud charges against former CEO and co-founder Chris Kirchner related to earlier fundraising. On February 15, 2023, amid this turmoil, Slync raised $24 million in a later-stage VC round led by Goldman Sachs, with participation from Blumberg Capital, ACME Ventures, Gaingels, and other existing investors, as confirmed by SEC filings and company announcements. This followed a $60 million Series B in February 2021 also led by Goldman Sachs Growth (then reported as $24 million in some initial coverage, later clarified), bringing total funding over $70-71 million. The 2023 funding aimed to invest in new technology, hires across business functions, expand the team substantially, and support growth, with Goldman Sachs remaining committed to the platform's value proposition. New Chairman and CEO John Urban highlighted customer recognition of the platform's potential to solve longstanding logistics data capture issues, while Goldman Sachs' Darren Cohen noted its role in digitizing global supply chains post-COVID disruptions. The company planned public announcements of customer usage and satisfaction. TechCrunch referenced a prior $240 million valuation. ARR was described as growing rapidly. Slync had relocated headquarters to Dallas from San Francisco and was expanding in Europe and Asia. |
| Feb 2021 | Series B | Goldman Sachs Growth Equity (lead); 235 Capital Partners; ACME Capital; Correlation Ventures | $60M | - | Slync.io is a supply chain management software startup that connects disparate shipping and logistics systems, ingesting data from sources like ERPs, CRMs, transport management systems, visibility providers, emails, PDFs, and spreadsheets to automate processes, highlight key information, and provide collaboration tools with role-based workflows, focusing on containerized freight, air freight, and specialty cargo. The company faced significant challenges including founder misconduct where CEO Chris Kirchner allegedly misappropriated $20 million (40% of a $50 million raise), leading to unpaid staff and vendors, sponsorship defaults, and executive departures. |
| Mar 2020 | Series A | Blumberg Capital (lead); 235 Capital Partners; Correlation Ventures | $11M | - | Slync.io, a San Francisco-based startup founded in 2017, develops a multi-modal end-to-end platform with an AI engine for managing and orchestrating global supply chain and logistics operations. The company's Logistics Orchestration product connects disparate systems, ingests structured and unstructured data, and automates processes to enable collaboration among logistics entities. It targets the fragmented supply chain software industry by offering an API-first solution superior to legacy systems focused on single transportation modes. In April 2020, Slync.io raised $11 million in Series A funding led by Blumberg Capital, with participation from Correlation Ventures and existing investor 235 Capital Partners. The round supports hiring, growth, and expansion of its user base across six continents. Customers include global blue-chip logistics players and shippers transitioning from proprietary systems to AI-powered platforms, with early partnerships like Kuehne + Nagel. |
| Mar 2019 | Seed | - | $3M | - | Slync.io is a supply chain and logistics platform providing an AI-powered operating system for managing global operations. The company raised $11 million in a Series A round led by Blumberg Capital, with participation from Correlation Ventures and 235 Capital Partners. Funds supported hiring and expansion across six continents. Later, Slync.io secured a $60 million Series B in February 2021 led by Goldman Sachs Growth, bringing total funding to $71 million, used for product development, global team growth, and expansion in Europe and Asia. The company reported net losses of $3.7 million for the year ended December 31, 2019. |
| Jun 2018 | Seed | - | $2M | - | - |
| Mar 2018 | Seed | - | $800K | - | - |
Who has invested in Slync.io?
7 investors have backed Slync.io across its funding rounds, including Correlation Ventures, Blumberg Capital, ACME Capital, 235 Capital Partners, Gaingels and Goldman Sachs.
Lead investors include Goldman Sachs, Goldman Sachs Growth Equity and Blumberg Capital.
Slync.io Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Mar 2020 | ||
| 2 | Participant | Mar 2020 | ||
| 2 | Participant | Feb 2021 | ||
| 2 | Participant | Mar 2020 | ||
| 1 | Lead | Feb 2023 | ||
This data is available for Pro users. Sign up to see all 7 Slync.io investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialSlync.io Competitors
Slync.io competitors include listed companies like Descartes Systems Group and Tecsys, and private ones like Ripplr, ShipHero, Shipium and Zuum Transportation.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $11M | - | $250M | 22.7x | ||
| Private | $30M | - | $225M | 7.5x | ||
| Private | - | - | $128M | - | ||
| Private | - | - | $104M | - | ||
| Publicly listed | $729M | $305M | $6.8B | 8.1x | ||
| Publicly listed | $138M | $9M | $343M | 2.3x |
Slync.io Public Comps
Slync.io is still privately-owned, but its public comps include Dimerco Data System, Duos Technologies, Logo Yazılım, Merlin, Kernex Microsystems, Daea Ti, ReposiTrak, Emro, Acusensus and Tracsis.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $107M | $25M | 1.8x | - | 7.7x | - | |||
| $27M | ($7M) | 5.8x | 3.4x | (21.7x) | 25.8x | |||
| $119M | $51M | 2.1x | 1.6x | 4.9x | 4.9x | |||
| $1M | ($52M) | 153.4x | 23.3x | (3.6x) | (2.6x) | |||
| $45M | $15M | 7.1x | - | 20.9x | - | |||
| $112M | $20M | 1.5x | - | 8.5x | - | |||
| $23M | $8M | 5.7x | 5.3x | 16.8x | 14.1x | |||
| $61M | $3M | 2.0x | 2.2x | 49.2x | 56.6x | |||
This data is available for Pro users. Sign up to see all Slync.io competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Slync.io
| When was Slync.io founded? | Slync.io was founded in 2017. |
| Where is Slync.io headquartered? | Slync.io is headquartered in Dallas, TX, United States. |
| Is Slync.io publicly listed? | No, Slync.io is a private, VC-backed company. |
| What is Slync.io's valuation? | Slync.io was last valued at $240M in its undisclosed-stage round in February 2023. |
| How much funding has Slync.io raised? | Slync.io has raised $101M across 6 funding rounds. |
| What was Slync.io's last funding round? | Slync.io's last funding round was a $25M undisclosed-stage round in February 2023, led by Goldman Sachs. |
| Who are Slync.io's investors? | Slync.io's investors include Blumberg Capital, 235 Capital Partners, ACME Capital, Correlation Ventures, Goldman Sachs, Goldman Sachs Growth Equity and Gaingels. |
| What is Slync.io's revenue? | Slync.io's latest recorded revenue is $3M (February 2023). |
| What is Slync.io's revenue multiple? | Slync.io's latest valuation implies a 80.0x revenue multiple ($240M valuation on $3M of revenue). |
| Which companies are comparable to Slync.io? | Companies comparable to Slync.io include Ripplr, ShipHero, Shipium, Zuum Transportation, Descartes Systems Group and Tecsys. |
See companies similar to Slync.io
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




