# Synapse Technology Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/synapse-technology

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.syntechcorporation.com
- Total disclosed funding: $8.5M
- Latest round: Seed (Jan 3, 2019)
- Investors on record: 8

## About

Synapse Technology Corporation develops innovative technology solutions that enhance productivity and operational efficiency across various sectors. Their advanced software and data analytics tools are pivotal for businesses aiming for process optimization and data-driven decision-making.Founded in 2016, Synapse Technology Corporation operates from Palo Alto, US, focusing on advanced technology solutions. The firm has completed three deals, with the latest being a Seed round in January 2019, raising USD 6.000 mn from investors including 8VC, Founders Fund, and Village Global. The company's growth trajectory indicates a commitment to providing tailored solutions to diverse business sectors, without any noted pivots or changes in operational strategy.Synapse Corporation specializes in providing a range of innovative technology solutions designed to enhance efficiency and productivity across various industries. Core offerings include advanced software solutions, data analytics tools, and integrated systems aimed at solving challenges such as process optimization, data management, and operational transparency. Their client base includes sectors such as healthcare, manufacturing, and finance. The products are primarily marketed in North America and Europe, ensuring alignment with the specific needs of businesses in these regions.Synapse Technology Corporation generates revenue through a combination of subscription services, direct sales, and strategic partnerships. Their transactional structure includes tiered subscription plans suited for various organizational sizes. Clients can engage with Synapse via annual subscription models for software access, alongside additional services like data analytics and system integration purchased on a project basis. Their flagship products hold a strong market reputation, significantly contributing to overall revenue streams.In January 2019, Synapse Technology Corporation raised USD 6.000 mn in Seed funding to support its future growth strategies. The company aims to enhance its product offerings with upcoming innovations in software solutions and data analytics tools. Targeted expansion into new geographic markets, particularly in Asia and Latin America, is planned by 2024. The recent funding will be utilized to develop these new products and facilitate the entry into these emerging markets.

## Funding rounds

- Seed, Jan 3, 2019, $6M — Founders Fund, 8VC, Village Global
- Seed, Jan 1, 2018 — Xfund, Kohala Ventures
- Seed, Aug 23, 2017, $2.5M — Founders Fund, Scout Ventures, Xfund, Responder Ventures, Early Impact Ventures

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed
- Scout Ventures (https://capitalatlas.ai/funds/scout-ventures) — Seed
- Xfund (https://capitalatlas.ai/funds/xfund) — Seed
- Responder Ventures (https://capitalatlas.ai/funds/responder-ventures) — Seed
- Early Impact Ventures (https://capitalatlas.ai/funds/early-impact-ventures) — Seed
- Kohala Ventures (https://capitalatlas.ai/funds/kohala-ventures) — Seed
- 8VC (https://capitalatlas.ai/funds/8vc) — Seed
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed