Symend
Symend develops software that uses AI and behavioral science for debt collection, featuring personalized engagement based on customer archetypes.
Secondary Market Price
How Symend Measures Up
To help you manage your Symend equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series B
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Symend Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Symend's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Symend operates an AI-driven platform that applies behavioral science to enterprise debt collection. The company serves large clients in industries such as telecommunications, financial services, utilities, and auto financing. Its platform is designed to create hyper-personalized engagement journeys for customers with delinquent accounts to increase recovery rates while reducing operational costs. With over nine years of industry experience, Symend has processed more than 250 million delinquency events and recovered over $50 billion for its clients. The company has been recognized with multiple awards, including the TELUS Vendor of the Year Award, Deloitte's Technology Fast 50, and the Microsoft ISV Impact Award.
Symend has not outlined specific future product roadmaps, but its operational focus is on the continuous optimization of its platform and ongoing client acquisition. The company actively offers custom ROI reports and product demonstrations to prospective customers. Recent activities include the publication of new resources, such as a white paper on the future of debt collection technology and an e-book on the reasons customers have past-due accounts. These initiatives, combined with milestones like achieving a 4.9 out of 5-star rating from enterprise clients, suggest a continued focus on market education and expansion.
- Inovia Capital
- Ignition Partners
- Impression Ventures
- BDC Capital’s Women in Technology Fund
- Mistral Venture Partners
- Markus Frind
- BoxOne Ventures
- Export Development Canada
- Plaza Ventures
- EDC
- Telus Ventures
- BDC’s Growth Venture Co-Investment Fund
- Co-Founder, Hanif Joshaghani
- Co-Founder, Tiffany Kaminsky
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Symend worth joining?
Deciding whether to join any startup depends on your personal career goals, risk tolerance, and financial situation. Platforms like Prospect can help you make a data-driven decision by evaluating the potential value of your equity compensation and comparing it to other opportunities.
What should I do with my Symend stock?
Managing private company stock involves complex decisions around when to exercise options and how to plan for taxes. Using a service like Prospect can help you build a custom strategy to maximize your equity's value and minimize your tax burden.
Can you sell Symend stock?
As a private company, Symend stock isn't traded on a public exchange, but employees can often sell shares through company-approved tender offers or on secondary markets. Tools like Prospect's tender offer tools can help you decide how much to sell and identify which shares are most tax-efficient to offload.
How can I find the value of my Symend stock?
A private company's 409A valuation provides a formal appraisal of its stock value, but this may not reflect its future potential. You can use predictive models from Prospect to forecast your equity's potential future value based on market data and company growth signals.
What is Symend's equity worth?
The exact worth of private equity is not public and can change significantly with new funding rounds or business performance. To understand its potential, you can use a platform like Prospect, which uses machine learning to project a range of likely outcomes for your startup equity.
What is Symend's stock ticker symbol?
As a privately held company, Symend does not have a stock ticker symbol. Ticker symbols are only assigned to companies when they become publicly traded on a stock exchange like the NYSE or NASDAQ.
Can I buy or sell Symend stock?
Buying stock in a private company like Symend is typically restricted to employees or accredited investors, while selling is often possible through secondary markets or tender offers. If you are an employee holding equity, Prospect can help you develop a strategy for when and how to sell your shares for an optimal outcome.
What is the criteria to buy or invest in Symend stock?
Investing in a private company is generally limited to institutional investors, accredited investors who meet specific income or net worth thresholds, and employees. For employees who already hold equity, resources like Prospect focus on helping you manage your existing shares rather than guiding new investments.
