# SyncSing

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

- Industry: Software
- Headquarters: Paris, France
- Website: www.newzik.com
- Total disclosed funding: $3.3M
- Latest round: Series I (May 10, 2020)
- Investors on record: 2

## About

SyncSing, based in Paris, France, specializes in an innovative digital sheet music management application that enhances musicians' practice and performance experiences.SyncSing was founded in 2014 and operates out of Paris, France. The company focuses on developing technology for music score management. Raphaël Schumann serves as both the CEO and founder. SyncSing has raised a total of EUR 3.00 mn in funding, with the most recent round being Series I on May 10, 2020, which included investment from Link Point and PP Capital. The company's current valuation stands at EUR 21.547 mn.SyncSing offers the Newzik app, a comprehensive music score management platform that allows users to organize digital score libraries, create setlists, and sync materials across devices using the Newzik Cloud. The app includes features for converting paper scores into interactive LiveScores, such as automatic page-turning and dynamic accompaniment. Additionally, it supports real-time collaboration through its Projects feature, catering to over 400,000 musicians, educators, and orchestras, primarily in North America, Europe, and Australia.SyncSing generated revenue of EUR 16,070.90 in the most recent year, 2017, with an EBITDA of EUR -281,501.10 for the same period. The company operates on a subscription-based model, offering various pricing tiers, including Newzik Premium and Essentials plans, aimed at individuals and institutions. Newzik Ensemble provides orchestras with premium services for renting digital materials, enhancing music distribution efficiency.In May 2020, SyncSing raised EUR 3 mn in funding to support its growth strategy. The company aims to enhance its product offerings with new features and expand into additional markets, including Asia and Africa, by 2022. The recent funding will be utilized to further develop the Newzik platform and facilitate entry into these new geographic regions.

## Funding rounds

- Series I, May 10, 2020, $3.3M — PP Capital, Link Point

## Investors

- PP Capital (https://capitalatlas.ai/funds/pp-capital) — Series I
- Link Point — Series I
