About Synota
Synota is a company based in Columbus (United States) founded in 2022 by Alan Schroeder, Lisa Scott, and Austin Mitchell. Synota has raised $3 million across 1 funding round from investors including Ego Death Capital, Rev1 Ventures and Trammell Venture Partners. Synota offers products and services including Synota Payments Tool and Synota Insights Platform. Synota operates in a competitive market with competitors including Hut 8 Mining, Cipher Mining, Botanix Labs, Omega Network and Hyperblock, among others.
- Headquarter Columbus, United States
- Founders Alan Schroeder, Lisa Scott, Austin Mitchell
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Sectors
TechnologyFinancial Services
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Phone
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Website
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Social
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- Legal Name Synota Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Seed
Oct 27, 2022
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Investors
Ego Death Capital
& 5 more
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Employee Count
Not available
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Products & Services of Synota
Synota offers a comprehensive portfolio of products and services, including Synota Payments Tool and Synota Insights Platform.
Automates daily energy payments and tracks receivables for businesses.
Provides real-time energy charge insights and contract enforcement.
People of Synota
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Funding Insights of Synota
Synota has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in October 2022. 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 Synota
Synota has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Ego Death Capital, Rev1 Ventures and Trammell Venture Partners.
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Venture capital funding is offered for Bitcoin-related projects.
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Startup Studio building companies in the US & Europe and Angel Network for Ohio based companies
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Deep-tech startups are funded by Trammell Venture Partners venture capital.
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Investor details for Synota
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Investments & Acquisitions by Synota
Investment portfolio details for Synota
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Financial Statements - Synota
Detailed financials for Synota
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Synota Comparisons
Peer comparison for Synota
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Competitors of Synota
Synota 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 Hut 8 Mining, Cipher Mining, Botanix Labs, Omega Network and Hyperblock, among others.
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Digital asset mining and performance computing solutions for individuals
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Mining infrastructure for cryptocurrencies and Bitcoin
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Builds Bitcoin Layer 2 for DeFi, staking, and EVM-compatible applications.
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Digital currency platform that facilitates the creation, transfer, and storage of digital assets
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Operates crypto mining facilities for industry clients.
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Surplus renewable energy is converted to cryptocurrency via online mining.
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Detailed competitors of Synota
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Latest news on Synota
Complete news archive for Synota
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Frequently Asked Questions about Synota
Synota was founded in 2022.
Synota is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.
Austin Mitchell is the current CEO of Synota. They have also founded this company.
Synota is a funded company, having raised a total of $3M across 1 funding round to date.
Synota was founded in 2022 in Columbus, United States, focusing on the bitcoin mining and energy sectors. Decentralized software is provided to facilitate bitcoin mining-related services, including peer-to-peer payments and instant settlement. Existing hardware and software in the energy industry are integrated to maximize production efficiency, reduce payment delays, and lower back-office expenses. Operations emphasize seamless financial transactions within mining ecosystems.
Synota's top competitors include Hut 8 Mining, Cipher Mining and Omega Network.
Synota offers Synota Payments Tool and Synota Insights Platform.
Synota has 6 investors. Key investors include Ego Death Capital, Rev1 Ventures, Trammell Venture Partners, Hivemind Ventures, and Bitcoiner Ventures.