Ravi Sundarrajan
Austin, TX (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
TPSynergy.com
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Startup
Location:
Austin
Industry:
Technology/Web
Year Founded:
2013
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Partnership
Description:
(URL removed) is simple low cost EDI and Supply Chain software for small and medium Businesses.
Electronic Data Integration (EDI) is a need of the hour for many small and medium businesses, but they are not able to implement it as most of the EDI solutions in the market are designed and priced for very large corporations. TPSynergy bridges this market gap.
TPSynergy is a cloud based EDI application so that companies need not invest on expensive hardware or IT team to do Electronic Integration with their customers. TPSynergy provides a cloud based common platform that can be used by thousands of companies to achieve Electronic Data automation.
TPSynergy’s uniqueness is that it is complete end to end supply chain management software. Most of the competition provides only a portion of the supply chain process so that a company needs to invest in 3-4 solutions to get complete process. For example, most of the EDI software in the market today do not manage shipments or inventory. Similarly, Inventory management software do not do EDI Integration. But using TPSynergy, they can complete the end to end process with just one software.
TPSynergy needs an investment of 500,000 for Market acceleration. The product has been developed and validated in the market by 10 paying customers. To scale up and grow rapidly, it needs a dedicated Sales & Marketing team and Engineering team. The funding will be spent on marketing activities like Advertising, Trade show participation, Seminars etc. Also team strength will be increased by hiring marketing and engineering personnel.