Sync.com Inc.

Who owns Sync.com Inc.?
Sync.com Inc. is owned by its founders, Thomas Savundra, Suhan Shan, and Darius Antia, along with any undisclosed employee equity holders. The company has no parent company, no institutional investors on record, and has never been acquired.

Is Sync.com Inc. publicly traded?
No. Sync.com Inc. is a privately held company. Its shares do not trade on any stock exchange, and it does not publish financial statements.

When was Sync.com Inc. founded?
Sync.com Inc. was incorporated in October 2011 in Toronto, Ontario, Canada. The Sync service launched publicly in summer 2013 after about two years of development.

Who founded Sync.com Inc.?
The company was founded by Thomas Savundra, Suhan Shan, and Darius Antia, three Toronto-based entrepreneurs who had previously built web hosting and server infrastructure businesses together.

Where is Sync.com Inc. headquartered?
Sync.com Inc. is headquartered in Toronto, Ontario, Canada, with its registered office in the North York district.

How does Sync.com Inc. make money?
The company earns revenue from paid subscriptions to its Sync cloud storage service, including individual Pro plans and Teams or Enterprise plans. It operates a freemium model with a free 5 GB tier, and does not sell advertising or monetize user data.

The three founders, Thomas Savundra, Suhan Shan, and Darius Antia, had previously built web hosting and server infrastructure businesses together in Toronto. In 2011 they set out to build a cloud storage product with a constraint none of the mainstream providers offered: the provider itself should be cryptographically unable to access customer data.

Sync.com Inc. was incorporated in October 2011. The team spent approximately two years building the encryption layer, sync clients, and storage infrastructure before launching the service publicly in summer 2013 as Sync.com. All customer data was committed to Canadian data centers, pairing the technical encryption guarantee with a jurisdictional one.

Growth through the mid-2010s was organic, driven by word of mouth among privacy-conscious users and coverage in security press. In 2014, cofounder Savundra described the founding motivation to BetaKit: the team saw that Google Drive, Dropbox, and competitors retained full access to user data and wanted a service whose business model did not depend on reading customer files.

The company added shared folders, link sharing, file versioning, two-factor authentication, and team administration through the decade. By its tenth anniversary in October 2021, Sync reported 2.2 million users and 8 billion files stored, alongside SOC 2 and SOC 3 audit certifications.

In the 2020s the company expanded compliance positioning to cover GDPR, HIPAA, and PIPEDA, added 365-day file recovery on paid plans, introduced Sync Vault cold storage, remote device lockout, and custom branding for business customers. As AI features raised new questions about how mainstream providers use stored data, Sync leaned into the contrast: with zero-knowledge encryption, there is no customer content available to train on in the first place.