# Skyrider

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

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.skyrider.com
- Total disclosed funding: $22M
- Latest round: Series C (Jan 29, 2008)
- Investors on record: 3

## About

Skyrider is a technology-focused company providing innovative cloud-based software solutions that streamline operations for small and medium-sized enterprises, enhancing their productivity and collaboration.Skyrider operates primarily in the technology solutions space, catering to small and medium-sized enterprises. Founded in Mountain View, US, the company has undergone strategic pivots to better serve its clients. Skyrider has secured funding through multiple rounds, including a Series C round where it raised USD 2.410 mn from investors such as CRV, Fuse Capital, and Sequoia Capital. The total amount raised by the company stands at USD 2.410 mn, with a current valuation of USD 31.936 mn. The company has completed three deals in total, with the most recent deal occurring on January 29, 2008.Skyrider specializes in a diverse range of technology solutions tailored for small to medium-sized enterprises. Its core offerings include cloud-based software for business management, facilitating project management, customer relationship management (CRM), and financial tracking. Designed to enhance productivity and streamline operations, their solutions cater to varied clients, including startups, freelancers, and established businesses across sectors such as retail, healthcare, and professional services. The company's products are primarily marketed to North America and Europe, with a growing presence in the Asia-Pacific regions.Skyrider's revenue model is subscription-based, allowing clients access to its suite of software tools through various pricing tiers. Clients engage in annual or monthly subscriptions, effectively leveraging the company's technology without significant upfront costs. The company may also form partnerships with key industry players to expand its distribution channels. Their pricing structure is tiered, offering premium features at higher subscription levels to encourage upgrades, and the direct-to-consumer approach fosters long-term client relationships, ensuring consistent revenue.Looking ahead, Skyrider plans to launch new products designed to enhance its software suite, although specific release dates are not disclosed. The company aims to expand into new geographic regions, particularly targeting markets in Asia-Pacific, by the end of the next fiscal year. The recent Series C funding, raised in March 2008, is expected to support these initiatives, bolstering product development and market expansion efforts.

## Funding rounds

- Series C, Jan 29, 2008, $2.4M — CRV, Hong Shan, Fuse Capital
- Series C, Oct 23, 2006, $12M — CRV, Hong Shan, Fuse Capital
- Series A, Aug 3, 2006, $8M — CRV, Hong Shan

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Series A, Series C
- Hong Shan — Series A, Series C
- Fuse Capital — Series C