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SunGard - About the company

SunGard is an acquired company based in Wayne (United States), founded in 1982 by Cesare Iacovone. It operates as an Enterprise Software. SunGard has raised an undisclosed amount in funding. The company has 627 active competitors, including 78 funded and 84 that have exited. Its top competitors include companies like KFin Technologies, Modern Treasury and Vestmark.

Company Details

SunGard Data Systems provides software and processing solutions to financial services industry in the United States and internationally. The company operates in four segments: Financial Systems, Higher Education, Public Sector, and Availability Services.
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Key Metrics
Founded Year
1982
Location
Stage
Acquired
Ranked
Annual Revenue
$1B+ as on Dec 31, 2014
Employee Count
3,352 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by PowerSchool (Feb 02, 2017)

SunGard's acquisition details

SunGard got acquired by PowerSchool on Feb 02, 2017.
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SunGard's funding and investors

SunGard has raised funding over 3 rounds. Its first funding round was on Jan 2004. SunGard has 7 institutional investors.

Here is the list of recent funding rounds of SunGard:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 12, 2014
6897221
Conventional Debt
4535676
8484392
3257670
7710391
Aug 24, 2009
3945947
Conventional Debt
8146772
8445929
4405941
Jan 2004
1945225
Conventional Debt
4750648
4262572
8680065
8089916
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SunGard's founders and board of directors

Founder? Claim Profile
The founders of SunGard is Cesare Iacovone. Gary Norcross is the CEO of SunGard.
Here are the details of SunGard's key team members:

SunGard's employee count trend

SunGard has 3,352 employees as of May 26. Here is SunGard's employee count trend over the years:
Employee count trend for SunGard
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SunGard's Competitors and alternates

Top competitors of SunGard include KFin Technologies, Modern Treasury and Vestmark. Here is the list of Top 10 competitors of SunGard, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for KFin Technologies
KFin Technologies
2017, Hyderabad (India), Public
App-based platform for investments in mutual funds
$42.1M
76/100
2nd
Logo for Modern Treasury
Modern Treasury
2018, San Francisco (United States), Series C
Provider of APIs to automate and manage money movement and ledgering
$183M
74/100
3rd
Logo for Vestmark
Vestmark
2001, Wakefield (United States), Series C
Trade management solutions for capital market brokers
$64.2M
71/100
4th
Logo for Payhawk
Payhawk
2018, Sofia (Bulgaria), Series B
Provider of spend management platform with AI-powered automation and control
$239M
71/100
5th
Logo for Upvest
Upvest
2017, Berlin (Germany), Series C
Trade management suite for fiat and digital assets
$287M
69/100
6th
Logo for Bottomline Technologies
Bottomline Technologies
1989, Portsmouth (United States), Acquired
Provider of business payments automation, connectivity, cash management, and fraud solutions
-
69/100
7th
Logo for ION Group
ION Group
1998, New York City (United States), Late Stage
Treasury management solutions for financial institutions and banks
$400M
67/100
8th
Logo for Capitolis
Capitolis
2016, New York City (United States), Series D
Offers trade management solutions for investors
$358M
67/100
9th
Logo for Genesis Global
Genesis Global
2015, London (United Kingdom), Series C
Cloud based low code application development platform
$268M
66/100
10th
Logo for Virtu
Virtu
2008, New York City (United States), Public
Suite of solutions for managing trade-related processes
-
66/100
28th
Logo for SunGard
SunGard
1982, Wayne (United States), Acquired
Enterprise Software
-
55/100
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SunGard's Investments and acquisitions

SunGard has made 1 investments in companies including Quadriserv. SunGard has also acquired 14 companies including CRW Systems and XSP.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 12, 2015
Acquisition
1991
San Diego (United States)
Jan 07, 2013
Acquisition
2000
Mar 28, 2011
Acquisition
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See all acquisitions by SunGard

Reports related to SunGard

Here is the latest report on SunGard's sector:

News related to SunGard

SunGard Acquires SignixThomas Publishing CompanyFeb 13, 2007SIGNiX, SunGard
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