Bynry

Most small and mid-sized utilities in semi-urban and rural areas rely on manual processes, excel sheets, and fragmented age-old systems that rely on human resources and multiple data entry, resulting in billing delays and errors, customer service concerns, and cybersecurity threats. This results in millions of dollars

Operating in billing, information technology, software based in New Jersey, US, Bynry was founded in 2016.

Profile

Most small and mid-sized utilities in semi-urban and rural areas rely on manual processes, excel sheets, and fragmented age-old systems that rely on human resources and multiple data entry, resulting in billing delays and errors, customer service concerns, and cybersecurity threats. This results in millions of dollars in losses, inability to grow with increasing demand, and low consumer satisfaction. In order to transition to modern technology, existing products and solution providers face a 15-18-month onboarding cycle and high implementation costs. For smaller utility distributors, Smart360 is a first step in digital enablement. Bynry’s Smart360 provides flexibility, ease of use and scalability to utility distributors to help adapt to changing regulatory and customer needs. operations, inspections and maintenance, thereby reducing production and investment costs. Our AI enabled platform will detect anomalies in real-time to improve environmental health and safety.

The company sits in the billing, information technology, software segment, where it competes on its core product or service.

Its base of operations is New Jersey, US.

It is recorded at the Pre_Seed stage.

Its team size is recorded as c_00011_00050 employees.

Total disclosed funding stands at about $2K.

Website: bynry.com