# PolySync

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/polysync

- Industry: Electronics
- Headquarters: Portland, US
- Website: www.polysync.io
- Latest round: Seed (Sep 1, 2016)
- Investors on record: 2

## About

PolySync is engaged in developing vehicle control interfaces, focusing on innovative automotive testing solutions that enhance safety and automation in vehicle technologies.Founded in 2012 and headquartered in Portland, US, PolySync specializes in advanced vehicle control interfaces. The company has undergone strategic pivots to adapt to the evolving automotive landscape. The founding team comprises experienced individuals from the automotive and technology sectors, although specific names are not disclosed. As a testament to its growth, PolySync has secured two major funding rounds and successfully attracted notable investors such as Hemi Ventures, which has since exited its stake. PolySync Technologies specializes in the development and provision of advanced vehicle control interfaces, primarily through their flagship product, the DriveKit. This system is designed for testing and development purposes, allowing full-range control of vehicles without the need for permanent modifications or specialized tools. The DriveKit is constructed using automotive-grade components, including pre-configured hardware and quick-connect wiring harnesses, enabling swift installation within approximately one hour. The offering targets diverse clients involved in automotive testing, development, and research, including technology firms, automotive manufacturers, and academic institutions. The company services markets across North America, Europe, and parts of Asia, addressing the growing demand for safer mobility solutions and facilitating innovative advancements in vehicle automation and safety technologies.Polysync Technologies generates revenue primarily through direct sales of its DriveKit system and associated products. Customers engage in straightforward transactions that involve the purchase of the DriveKit, which is complemented by ongoing services such as customer support and access to future firmware updates. The company's revenue model is structured to support B2B relationships, catering to clients that require robust vehicle control solutions for research and development. Specific pricing plans for the DriveKit and related services are aligned with the technical complexity and application needs of the clients. The company also emphasizes a commitment to transparency and engineering flexibility by offering open-source software and hardware designs, further enhancing the value proposition for its user base.PolySync is focused on expanding its product offerings, with new versions of the DriveKit expected to be released in the coming year, enhancing functionality to cater to an evolving market. The company is also planning to enter additional European markets and parts of Asia by the end of 2024, aiming to establish a significant presence in these regions. Recent funding efforts will be utilized to bolster product development and support the expansion strategy, ensuring that PolySync can meet the increasing demands of its client base.

## Funding rounds

- Seed, Sep 1, 2016 — Hemi Ventures, Mountain Man Ventures

## Investors

- Hemi Ventures (https://capitalatlas.ai/funds/hemi-ventures) — Seed
- Mountain Man Ventures (https://capitalatlas.ai/funds/mountain-man-ventures) — Seed