Synapsica

Bengaluru, India Founded: 2018 • Age: 8 yrs
AI-based teleradiology software is developed for radiology workflows.
Annual revenue $278,546 Latest available
Total funding $4.8M 4 rounds
Employees 44 Tracked headcount
Investors 6 Known backers
Products 4 Services tracked
Competitors 7 Brand Intelligence

About Synapsica

Synapsica is a company based in Bengaluru (India) founded in 2018 by Cherian Dr, Gandharv Goyal, and Meenakshi Singh. Synapsica has raised $4.81 million across 4 funding rounds from investors including International Finance Corporation, IvyCap Ventures and Stellaris Venture Partners. The company has 44 employees as of April 09, 2024. Synapsica offers products and services including Spindle, SpindleX, RADIOLens, and Teleradiology. Synapsica operates in a competitive market with competitors including AIdoc, Viz.ai, Qure.ai, Zebra Medical Vision and Deeptek, among others.

  • Headquarter Bengaluru, India
  • Employees 44 as on 09 Apr, 2024
  • Founders Cherian Dr, Gandharv Goyal, Meenakshi Singh
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Legal Name Synapsica Healthcare Pvt Ltd
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $278.55 K (USD)
    0
    as on Mar 31, 2021
  • Net Profit
    -$197.69 K (USD)
    -7283.23
    as on Mar 31, 2021
  • EBITDA
    -$182.42 K (USD)
    -7921.6
    as on Mar 31, 2021
  • Total Equity Funding
    $4.81 M (USD)

    in 4 rounds

  • Latest Funding Round
    $4.2 M (USD), Series A

    Apr 21, 2021

  • Investors
  • Employee Count
    44

    as on Apr 09, 2024

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Products & Services of Synapsica

Synapsica offers a comprehensive portfolio of products and services, including Spindle, SpindleX, RADIOLens, and Teleradiology.

Product name locked
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Primary

Automates preliminary reports for MRI Spine diagnostics

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Generates automated reports for spine stress x-rays

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Provides AI-enabled workflows for radiology imaging

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Offers remote reading for medical imaging cases

People of Synapsica

Headcount 50-200
Employee Profiles 5
Employee Profiles
People
Jency Durairaj
Content Writer
People
Rishav Pathak
Sales Operations Manager
People
Meenakshi Singh
Co-Founder & CEO

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Funding Insights of Synapsica

Synapsica has successfully raised a total of $4.81M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4.2 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Synapsica

Synapsica has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include International Finance Corporation, IvyCap Ventures and Stellaris Venture Partners.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital investments in startups from leading Indian institutions across various sectors.
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Early-stage venture capital investing in AI, deep tech, healthcare, and fintech startups.
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Early-stage startups are accelerated via funding and educational programs.
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Investor details for Synapsica

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Investments & Acquisitions by Synapsica

Investments
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Investment portfolio details for Synapsica

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Financial Statements - Synapsica

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Detailed financials for Synapsica

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Synapsica Comparisons

Synapsica Primary company
Description
AI-based teleradiology software is developed for radiology w...
Location
Bengaluru, India
Founded Year
2018
Annual Revenue
$278.55 K (USD)
Net Profit
-$197.69 K (USD)
EBITDA
-$182.42 K (USD)
Employees
44
As of 2024
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Peer comparison for Synapsica

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Competitors of Synapsica

Synapsica operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AIdoc, Viz.ai, Qure.ai, Zebra Medical Vision and Deeptek, among others.

Company Name Domain Founded year HQ Location Description
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AI-based single-screen system is provided to streamline medical imaging.
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AI and cloud-powered software for stroke care coordination is developed.
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AI-powered solutions for medical imaging diagnostics
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Provider of AI and SaaS-based medical image based decision support tools
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AI-augmented diagnostic tools for radiology imaging are developed.
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AI-based medical image analysis software is developed for healthcare providers.
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Detailed competitors of Synapsica

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Latest news on Synapsica

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Complete news archive for Synapsica

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Frequently Asked Questions about Synapsica

Synapsica was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Synapsica is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Meenakshi Singh is the current CEO of Synapsica. They have also founded this company.

Synapsica is a funded company, having raised a total of $4.81M across 4 funding rounds to date.

As of Apr 09, 2024, the latest employee count at Synapsica is 44.

Annual revenue of Synapsica is $278.55K as on Mar 31, 2021.

Synapsica was founded in 2018 in Bengaluru, India, focusing on the healthcare sector. AI-enabled radiology tools are provided for workflow and practice management, including Synapsica Spindle for MRI Spine reporting and Synapsica Prism for CT Head reporting. Services encompass emergency teleradiology, reviews for MRI, CT, mammograms, X-rays, and other modalities, supporting healthcare professionals in diagnostic processes.

Synapsica's top competitors include Qure.ai, AIdoc and Deeptek.

Synapsica offers Spindle, SpindleX, RADIOLens, and Teleradiology.

The valuation of Synapsica is $8.91M as of Apr 2021.

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