Synchrony

Synchrony active magnetic bearings and high speed motors and generators from Dresser-Rand.

Launch date

1993

Employees

Market cap

Enterprise valuation

CAD31.1b (Public information from Sep 2024)

Salem Oregon (HQ)

https://twitter.com/dresserrandco https://www.facebook.com/drcompanyinc https://www.linkedin.com/company/synchrony-inc./https://apps.apple.com/app/id1062361874 https://play.google.com/store/apps/details?id=me.doubledutch.fpcqf.synchronyfinancialblpapp

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	11.2b	10.2b	11.7b	13.6b	15.4b	14.9b	15.8b
% growth	(16 %)	(9 %)	15 %	17 %	13 %	(3 %)	6 %
Profit	1.4b	4.2b	3.0b	2.2b	3.1b	2.3b	2.6b
% profit margin	12 %	41 %	26 %	16 %	20 %	15 %	17 %
EV / revenue	2.2x	3.1x	1.6x	1.3x	1.6x	1.6x	1.2x

Date	Investors	Amount	Round
Feb 2006	NewVa Capital Partners	$5.0m	Series A
Nov 2007	NewVa Capital Partners	$10.0m	Series B
Jan 2010	N/A	$10.0m	Series C
Mar 2011	N/A	$5.0m	Debt
Aug 2014	N/A	$23.0m	IPO
Oct 2021	Wintermute GBV Capital HashKey Capital Magnus Capital Sanctor Capital 0xVentures	€4.2m	Post IPO Equity
Total Funding		CAD34.1m

Tech stackLearn more about the technologies and tools that this company uses.

The Mom Project

ACQUISITION by Synchrony Jan 2021