When was SION founded?

SION was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is SION located?

SION is headquartered in Oceanport, United States. It is registered at Rīga, Rusova iela 32 - 27.

How many employees does SION have?

As of Aug 31, 2026, the latest employee count at SION is 34.

Is SION a funded company?

SION is a funded company, having raised a total of $9.65M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2020.

When was the latest funding round of SION?

SION's latest funding was a $***** Series A round on Aug 31, 2022, with participation from 3 investors.

Where does SION rank among its competitors?

SION ranks 1st amongst 3 active competitors, none of which are funded.

Who are the top competitors of SION?

SION's top competitors include Allied Continental, One Link 4 Travel and Contract Science. Among them, SION secured the most recent funding round in August, 2022.

SION - 2026 Company Profile, Funding & Competitors

Company Details

Developer of software for tracking and reconciling travel industry commissions. This platform provides tools for managing commission payments, automating split distributions, and generating statements for agents. It tracks booking data and facilitates communication regarding payment status to simplify financial administration for travel professionals.

Website: www.sioncentral.com/
Registered Address: Rīga, Rusova iela 32 - 27

Key Metrics

Founded Year

2018

Location

Oceanport, United States

Stage

Acquired

Total Funding

$9.65M in 2 rounds

Latest Funding Round

Series A, Aug 31, 2022, $*****

Investors

TIA Ventures & 3 more

Ranked

1^st among 3 active competitors

Employee Count

34 as on Aug 31, 2026

Similar Companies

Allied Continental & 2 more

Exit Details

Acquired by Ballarpur Industries (Mar 11, 2026)

View SION's full profile

SION is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SION CIN: 41503009750 , Latvia, Active	Jan 24, 1994	€0 - €1M (As on Dec 31, 2024)	2 (As on Dec 31, 2023)	-

SION got acquired by Ballarpur Industries on Mar 11, 2026.

Click here to take a look at SION's acquisition in detail

SION has raised a total funding of $9.65M over 2 rounds. Its first funding round was on 2020. Its latest funding round was a Series A round on Aug 31, 2022 for $*****. 3 investors participated in its latest round. SION has 4 institutional investors.

Here is the list of recent funding rounds of SION:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 31, 2022	9886976	Series A	8994230	1415121	1559176	5085858
2020	1048	Seed	6121	8967	6072	7380

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View details of SION's funding rounds and investors

SION's employee count trend

SION has 34 employees as of Aug 26. Here is SION's employee count trend over the years:

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Top competitors of SION include Allied Continental, One Link 4 Travel and Contract Science. Here is the list of Top 10 competitors of SION, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SION 2018, Oceanport (United States), Acquired	Developer of software for tracking and reconciling travel industry commissions	$9.65M	TIA Ventures, Blue Falcon Capital & 2 others	55/100
2nd	Allied Continental 2012, Minneapolis (United States), Unfunded	Provider of support and enhanced supplier commissions for travel agencies	-	-	19/100
3rd	One Link 4 Travel San Francisco (United States), Unfunded	Provider of financial settlement and electronic distribution for travel sectors	-	-	16/100
4th	Contract Science 2019, Redmond (United States), Deadpooled	Provider of supplier contract monitoring solutions to optimize revenue for the travel agencies	-	Start it @KBC	14/100