# Synamon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/synamon

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.synamon.jp
- Total disclosed funding: $5M
- Latest round: Series B (Oct 9, 2020)
- Investors on record: 8

## About

Synamon Inc., based in Japan, specializes in innovative software solutions that enhance user engagement and operational efficiency across various sectors, including digital marketing and data analytics.Founded in 2016 and headquartered in Tokyo, Japan, Synamon Inc. focuses on providing advanced technology solutions. The company has engaged in five notable deals, with its most recent funding round being a Series B, raising JPY 250.000 mn in November 2020 from investors such as Global Brain and Mitsui Sumitomo Insurance Venture Capital. The company is led by CEO Takehi Wataru, who has a strong background in the tech industry.Synamon.jp specializes in innovative technology solutions aimed at enhancing user engagement and streamlining operational efficiencies. Their core offerings include advanced software applications and services designed to address specific challenges in sectors such as digital marketing, data analytics, and customer relationship management. These products are tailored to optimize the customer journey, improve brand interactions, and facilitate data-driven decision-making for businesses. The company targets a diverse client base, including small to medium-sized enterprises (SMEs) and larger corporations across various industries, enabling them to leverage digital tools for better market reach and customer retention. Synamon.jp's products are marketed primarily in Asia and North America, with a focus on industries that require robust digital solutions to remain competitive.Synamon.jp generates revenue through a multi-faceted approach that includes subscription-based models and direct service contracts with clients. The company engages in B2B transactions, providing tailored solutions that align with the strategic goals of its partners. Revenue streams are primarily derived from annual licensing fees for software applications and customized service agreements, which allow clients to access ongoing support and upgrades. Specific pricing plans are established based on the scale of deployment and the complexity of services required, ensuring flexibility for a range of customer needs. Flagship products contribute significantly to the overall revenue, reinforcing the firm's commitment to delivering high-quality solutions that address the evolving demands of its clientele.Synamon Inc. is focused on developing new products designed to enhance their existing service offerings, with plans to launch these innovations by late 2021. The company aims to expand into new markets within Southeast Asia, particularly targeting countries like Vietnam and Thailand, by mid-2022. Recent funding from the Series B round will be utilized to support these initiatives, as well as to strengthen their research and development capabilities and increase market reach.

## Funding rounds

- Series B, Oct 9, 2020, $2.4M — Mitsui Sumitomo Insurance Venture Capital, Global Brain, Rozetta Corporation
- Series A, Mar 26, 2019, $2.2M — Mitsui Sumitomo Insurance Venture Capital, SMBC Venture Capital, Global Brain
- Seed, Nov 30, 2017, $0.4M — ANOBAKA, BEENEXT, ABBALab, Genesia Ventures

## Investors

- ANOBAKA (https://capitalatlas.ai/funds/anobaka) — Seed
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Seed
- ABBALab (https://capitalatlas.ai/funds/abbalab) — Seed
- Genesia Ventures (https://capitalatlas.ai/funds/genesia-ventures) — Seed
- Mitsui Sumitomo Insurance Venture Capital (https://capitalatlas.ai/funds/mitsui-sumitomo-insurance-venture-capital) — Series A, Series B
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series A
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series A, Series B
- Rozetta Corporation — Series B
