# SmartSynch

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

- Industry: Software
- Headquarters: Jackson, US
- Website: www.smartsynch.com
- Total disclosed funding: $77M
- Latest round: Series E (May 25, 2008)
- Investors on record: 16

## About

SmartSynch, Inc. specializes in innovative remote monitoring and management solutions for utility and energy companies, enhancing operational efficiency through advanced technology integration.Founded in 1999 in Jackson, US, SmartSynch, Inc. provides remote monitoring solutions designed for utility companies. In February 2012, the company was acquired by Itron for USD 100 mn, marking a significant pivot in its business strategy and expanding its reach. The deal was completed in May 2012, and SmartSynch operates as a subsidiary under Itron, further enhancing its capabilities in the energy sector.SmartSyncH.com offers a premium domain name for sale, targeting businesses and entrepreneurs seeking a distinctive online presence. The core offering is the domain name itself, available for purchase at a price of USD 9,595 or through a flexible payment plan of USD 399.79 per month for 24 months. This domain serves as a valuable asset for various customer segments, including technology firms, e-commerce businesses, and individuals requiring a unique web address for personal projects. SmartSyncH.com markets this domain globally, appealing to clients in North America, Europe, and Asia, among other regions, who are in search of a memorable and brandable online identity.The revenue model for SmartSyncH.com is primarily based on direct sales of domain names, with clients having the option to engage in structured payment plans. Each transaction typically involves the customer selecting the desired domain and either purchasing it outright or financing it through monthly installments. The flagship offering, SmartSyncH.com, is priced at USD 9,595, allowing for both immediate ownership and a manageable payment alternative. This structure enables the company to serve a diverse clientele, from individual entrepreneurs to larger corporations. The sales process emphasizes customer satisfaction, backed by a 30-day money-back guarantee and secure transactions, which are processed via SSL encryption, providing a reliable purchasing experience for all clients.With the completion of the acquisition by Itron in May 2012, SmartSynch is positioned for growth through enhanced resources and technological capabilities. Itron plans to leverage SmartSynch’s expertise to develop new products aimed at utility management, expanding into emerging markets across Asia and Europe by 2025. The recent funding from the acquisition will be directed towards research and development efforts to innovate their product offerings, focusing on IoT solutions for energy efficiency and improved customer engagement.

## Funding rounds

- Series E, May 25, 2008, $20M — Beacon Group, GCM Grosvenor, Endeavor Capital Management, N47, Innovation Valley Partners, Battelle Ventures, Kinetic Ventures, Credit Suisse, Ontario Power Generation Pension Fund, GulfSouth Capital, Southern Farm Bureau
- Series D, Feb 14, 2007, $10M — Endeavor Capital Management, JPMorgan Partners, N47, Lime Rock Partners, Nth Power, Battelle Ventures, Kinetic Ventures, Ontario Power Generation Pension Fund, GulfSouth Capital, Cinergy Ventures
- Series C, Oct 17, 2005, $12M — Endeavor Capital Management, N47, Lime Rock Partners, Nth Power, Innovation Valley Partners, Battelle Ventures, Kinetic Ventures, JP Morgan Asset Management, GulfSouth Capital, Cinergy Ventures
- Series B, Jun 30, 2003, $27M — N47, Lime Rock Partners, Nth Power, Kinetic Ventures, JP Morgan Asset Management, Ontario Power Generation Pension Fund
- Series A, Jun 20, 2000, $8M — N47, Lime Rock Partners, Kinetic Ventures

## Investors

- N47 (https://capitalatlas.ai/funds/n47) — Series A, Series B, Series C, Series D, Series E
- Lime Rock Partners (https://capitalatlas.ai/funds/lime-rock-partners) — Series A, Series B, Series C, Series D
- Kinetic Ventures (https://capitalatlas.ai/funds/kinetic-ventures) — Series A, Series B, Series C, Series D, Series E
- Nth Power (https://capitalatlas.ai/funds/nth-power) — Series B, Series C, Series D
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series B, Series C
- Ontario Power Generation Pension Fund — Series B, Series D, Series E
- Endeavor Capital Management (https://capitalatlas.ai/funds/endeavor-capital-management) — Series C, Series D, Series E
- Innovation Valley Partners (https://capitalatlas.ai/funds/innovation-valley-partners) — Series C, Series E
- Battelle Ventures (https://capitalatlas.ai/funds/battelle-ventures) — Series C, Series D, Series E
- GulfSouth Capital — Series C, Series D, Series E
- Cinergy Ventures — Series C, Series D
- JPMorgan Partners (https://capitalatlas.ai/funds/jpmorgan-partners) — Series D
- Beacon Group (https://capitalatlas.ai/funds/beacon-group) — Series E
- GCM Grosvenor — Series E
- Credit Suisse (https://capitalatlas.ai/funds/credit-suisse) — Series E
- Southern Farm Bureau — Series E