About Synectic
Synectic is a Healthcare company based in Milford (United States) founded in 1981, and was acquired by Mack Molding in August 2013. It operates as a full-service product development is offered for medical devices. Its focus areas include Medical Device Outsourcing and Product Design and Development. Its legal entity is Synectic Product Development, Inc.
Company details
Synectic is an ISO 13485:2003 and ISO 9001:2008 certified full-service product development company serving the medical device industry. Clinical areas served by the company includes endoscopic devices, bariatric surgeries, interventional cardiovascular devices, diabetes, orthopedics, endovascular devices, gynecologicalurological, neurological, general surgery, and consumer healthcare products. Capabilities of the company include design development, pre-clinical testing, Quality and Regulatory Support, Rapid Prototyping, CNC Milling, turning laser welding, Machining, Wire Plunge EDM, product development specification etc.
- Headquarters Milford, United States
- Stage Acquired
- SectorsHealthcare
- Phone•••• ••••
- Website synectic.net
- Social LinkedIn
- Acquired by Mack Molding (Aug 2013)
- Legal Name Synectic Product Development, Inc
- Latest Funding Round$164.04K (USD), Grant
Aug 2011
- InvestorsMack Molding
& 1 more
- Acquired byMack Molding
(Aug 2013)
Funding Insights of Synectic
- Total Rounds 1
- Last Round Grant — $164,041
- First Round $164,041
(Aug 2011)
- Investors Count 1
All 1 funding rounds of Synectic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2011 | $164,041 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Synectic
Synectic has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Mack Molding and HHS.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Public health and human services are overseen by HHS. | – | hhs.gov | - | |
Contract manufacturing, injection molding, and machining services across medical, industrial, and transportation sectors. | – | mack.com | - |
Investor details for Synectic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Synectic
7 people are tracked at Synectic (2 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Mac McMurray | Director, Business Development | Leadership |
Adam Lehman | President | Leadership |
Bob Percy | Senior Design Engineer | Team |
Jesse Dlugos | Senior Design Engineer | Team |
Ray Adams | Senior Design Engineer | Team |
Joe Paul | Principal Engineer | Team |
Tyler Luneski | Senior Design Engineer | Team |
Complete people profiles for Synectic
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Synectic
3 dated milestones of Synectic across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Synectic is founded.
- Funding First funding round of $164K.
- Exit Acquired by Mack Molding.
Web traffic of Synectic
The website of Synectic (synectic.net) receives about 7.7K visits a month.
- Monthly visits7.7K
▲ 33.8% vs previous month
Websites whose visitors overlap most with Synectic. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
symbientpd.com | symbientpd.com | 100% | – | – | – |
| starfishmedical.com | 99% | – | #1,127,008 | View details | |
structuralfoammolding.net | structuralfoammolding.net | 34% | – | – | – |
| psimp.com | 32% | 2K | #8,446,864 | View details |
Top companies in Medical Device Tech & Outsourcing
10 companies that operate in the same segment as Synectic (Medical Device Tech & Outsourcing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 4,260 | |
Home medical and respiratory equipment and supplies are distributed. | 2005 | Phoenixville, Pennsylvania, United States | USD 4 M | USD 3.24 B | 10,500 | |
Cybersecurity solutions for medical devices are provided by MedCrypt. | 2016 | San Diego, California, United States | USD 63.75 M | – | – | |
Laboratory and production supplies and services are provided. | 1902 | Hampton, Virginia, United States | – | – | 592 | |
Life science products and services are supplied to researchers worldwide. | 1852 | Radnor, Pennsylvania, United States | USD 2 M | USD 4.38 B | 1,657 | |
Manufacturer of surgical lights, operating tables, and anesthesia machine | 1989 | Getinge, Halland, Sweden | – | USD 3.8 B | – | |
Medical device components are developed and manufactured for healthcare markets. | 1970 | Frisco, Texas, United States | – | USD 1.85 B | 11,000 | |
Wholesaler & distributor of healthcare, medical, and pharmaceutical products | 1922 | Docklands, Victoria, Australia | – | USD 8.84 B | 5,700 | |
Reprocessor of single-use medical devices for cardiology procedures | 2013 | Scottsdale, Arizona, United States | USD 18 M | – | 143 | |
Provider of global contract manufacturing services | 1973 | Parma, Emilia-romagna, Italy | USD 26.41 M | – | – |
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Frequently Asked Questions about Synectic
Synectic was founded in 1981 and raised its 1st funding round 30 years after it was founded.
Synectic is headquartered in Milford, United States.
Synectic is an ISO 13485:2003 and ISO 9001:2008 certified full-service product development company serving the medical device industry. Clinical areas served by the company includes endoscopic devices, bariatric surgeries, interventional cardiovascular devices, diabetes, orthopedics, endovascular devices, gynecologicalurological, neurological, general surgery, and consumer healthcare products. Capabilities of the company include design development, pre-clinical testing, Quality and Regulatory Support, Rapid Prototyping, CNC Milling, turning laser welding, Machining, Wire Plunge EDM, product development specification etc.
Synectic has 2 investors. Key investors include Mack Molding, and HHS.
Synectic operates through Synectic Product Development, Inc.
Yes. Synectic was acquired by Mack Molding in August 2013.