# Syft Online

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/syft-online

- Industry: Internet
- Headquarters: London, UK
- Website: www.syftapp.com
- Total disclosed funding: $11M
- Latest round: Series A (Nov 13, 2017)
- Investors on record: 3

## About

Syft Online Ltd. is a digital infrastructure company that specializes in web hosting solutions, providing businesses with reliable and scalable platforms for their online operations.Founded in 2015 in London, UK, Syft Online Ltd. focuses on delivering innovative web hosting services. The company has raised GBP 5.760 mn in its Series A funding round led by Creandum, with participation from Colle Capital and PROfounders Capital. As of 2019, Syft has completed a total of 3 deals, with its most recent deal occurring on May 30, 2019, when Recruit Holdings acquired the company. The founders include Lee Rodgers, Peter Katsos, Walter Miltenberger, and Youssef Ali, while the CEO is Adriana Navarro.Syft Online Ltd. offers a suite of core products tailored to meet specific requirements in the digital infrastructure arena. The company primarily provides web hosting solutions that cater to businesses seeking dependable and scalable platforms for their websites and applications. These offerings are designed for various sectors, including e-commerce, healthcare, and education, focusing on enhanced performance, security, and user-friendly management tools. Their strategic marketing efforts span North America and Europe, targeting both small to medium-sized enterprises and larger corporations.In the most recent fiscal year, Syft Online Ltd. generated revenue of GBP 101,557,807, with an EBITDA of GBP 3,466,006.8. The company's revenue model is predominantly subscription-based, allowing clients to access their web hosting services through tiered plans that accommodate differing levels of service needs. This steady transaction model fosters lasting partnerships with businesses relying on Syft's solutions for their online presence.With the recent funding from its Series A round, Syft Online Ltd. plans to enhance its service offerings and expand into new markets. The company is developing new web hosting products aimed at improving service delivery and customer engagement, with launches expected in late 2024. Additionally, Syft intends to extend its reach into the Asia-Pacific region, focusing on developing countries by mid-2025. The capital raised will support these initiatives and help facilitate the launch of new products to strengthen its market position.

## Funding rounds

- Series A, Nov 13, 2017, $7.6M — Creandum, PROfounders Capital, Colle Capital
- Seed, Jun 28, 2016, $3.1M — PROfounders Capital

## Investors

- PROfounders Capital (https://capitalatlas.ai/funds/profounders-capital) — Seed, Series A
- Creandum (https://capitalatlas.ai/funds/creandum) — Series A
- Colle Capital (https://capitalatlas.ai/funds/colle-capital) — Series A