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.
- Website
- sungard.com
Key Metrics
Founded Year
1982
Location
Wayne, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
28th among 627 active competitors
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)
Legal entities associated with SunGard
SunGard is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SUNGARD CAPITAL CORP CIN: 1337272 , United States, Active | Jun 15, 2005 | $1B+ (As on Dec 31, 2014) | - | - |
SunGard's acquisition details
SunGard got acquired by PowerSchool on Feb 02, 2017.
Click here to take a look at SunGard's acquisition in detail
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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 |
View details of SunGard's funding rounds and investors
SunGard's founders and board of directors
Founder? Claim ProfileThe founders of SunGard is Cesare Iacovone. Gary Norcross is the CEO of SunGard.
Here are the details of SunGard's key team members:
- Cesare Iacovone: Founder of SunGard.
View details of SunGard's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | KFin Technologies 2017, Hyderabad (India), Public | App-based platform for investments in mutual funds | $42.1M | 76/100 | |
2nd | Modern Treasury 2018, San Francisco (United States), Series C | Provider of APIs to automate and manage money movement and ledgering | $183M | 74/100 | |
3rd | Vestmark 2001, Wakefield (United States), Series C | Trade management solutions for capital market brokers | $64.2M | 71/100 | |
4th | Provider of spend management platform with AI-powered automation and control | $239M | 71/100 | ||
5th | Trade management suite for fiat and digital assets | $287M | 69/100 | ||
6th | Bottomline Technologies 1989, Portsmouth (United States), Acquired | Provider of business payments automation, connectivity, cash management, and fraud solutions | - | 69/100 | |
7th | ION Group 1998, New York City (United States), Late Stage | Treasury management solutions for financial institutions and banks | $400M | 67/100 | |
8th | Capitolis 2016, New York City (United States), Series D | Offers trade management solutions for investors | $358M | 67/100 | |
9th | Genesis Global 2015, London (United Kingdom), Series C | Cloud based low code application development platform | $268M | 66/100 | |
10th | Virtu 2008, New York City (United States), Public | Suite of solutions for managing trade-related processes | - | 66/100 | |
28th | SunGard 1982, Wayne (United States), Acquired | Enterprise Software | - | 55/100 |
Looking for more details on SunGard's competitors? Click here to see the top ones
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:
Filter 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 | London (United Kingdom) | |
Mar 28, 2011 | Acquisition |
See all acquisitions by SunGard
Reports related to SunGard
Here is the latest report on SunGard's sector:
News related to SunGard
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FIS Completes Sale of Public Sector and Education BusinessesFIS•Feb 01, 2017•Vista Equity Partners, FIS, PowerSchool, SunGard K-12 and 1 other
•
Quadriserv Raises $34 Million - PE HubPE Hub•Mar 12, 2009•Quadriserv, Bessemer Venture Partners, Renaissance Technologies, SunGard and 2 others
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