About Synergy Medical
Synergy Medical is a company based in Longueuil (Canada) founded in 2008 by Jean Boutin was acquired by Parata Systems in July 2021. It operates as a HealthTech, and Direct-to-Consumer (D2C). Synergy Medical offers products and services including SynMed XF, SynMed ULTRA, and SynMed Assist. Synergy Medical operates in a competitive market with competitors including Parata Systems, NewIcon, MTS Medication Technologies, Rowa and Med Management, among others.
- Headquarter Longueuil, Canada
- Founders Jean Boutin
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Synergy Medical
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Parata Systems
(Jul 06, 2021)
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Products & Services of Synergy Medical
Synergy Medical offers a comprehensive portfolio of products and services, including SynMed XF, SynMed ULTRA, and SynMed Assist. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automated system for multi-dose blister card preparation provided.
High-capacity automation for blister card production is offered.
Guidance system for manual blister card production supported.
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Funding Insights of Synergy Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Synergy Medical
Synergy Medical has secured backing from 1 investor. Prominent investors backing the company include Parata Systems. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Automated pharmacy dispensing and adherence packaging solutions are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Synergy Medical
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Synergy Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Synergy Medical Comparisons
Competitors of Synergy Medical
Synergy Medical 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 Parata Systems, NewIcon, MTS Medication Technologies, Rowa and Med Management, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Automated pharmacy dispensing and adherence packaging solutions are provided.
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| domain | founded_year | HQ Location |
Pharmacy automation storage solutions are provided for hospitals and pharmacies.
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Developer of automated medication dispensing machine
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| domain | founded_year | HQ Location |
Automated pharmacy dispensing robots are developed for efficient medicine handling.
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Online platform for compliance aid and pharmacy automation
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| domain | founded_year | HQ Location |
Offers software and technology for automated pharmacy dispensing workflows globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Synergy Medical
When was Synergy Medical founded?
Synergy Medical was founded in 2008.
Where is Synergy Medical located?
Synergy Medical is headquartered in Longueuil, Canada. It is registered at Longueuil, Quebec, Canada.
What does Synergy Medical do?
Pharmacy automation systems are developed and supplied by Synergy Medical for preparing and dispensing solid oral medications in blister cards. Solutions are tailored for independent pharmacies, long-term care facilities, and central fill operations globally. Products such as SynMed XF, SynMed ULTRA, and SynMed Assist are offered to enhance efficiency, accuracy, and production speed in medication dispensing. The healthcare sector, specifically pharmacy automation, is primarily served with a focus on improving patient adherence and reducing labor costs.
Who are the top competitors of Synergy Medical?
Synergy Medical's top competitors include Parata Systems, MTS Medication Technologies and NewIcon.
What products or services does Synergy Medical offer?
Synergy Medical offers SynMed XF, SynMed ULTRA, and SynMed Assist.
Who are Synergy Medical's investors?
Synergy Medical has 1 investor. Key investors include Parata Systems.