About SynPhNe
SynPhNe is a company based in Singapore (Singapore) founded in 2011 by Subhasis Banerji and John Heng.. SynPhNe has raised $5 million across 1 funding round from investors including Event Horizon Technologies. SynPhNe offers products and services including Wearable Solution. SynPhNe operates in a competitive market with competitors including Press & Say, NeuroStyle and XCLR8 Technologies, among others.
- Headquarter Singapore, Singapore
- Founders Subhasis Banerji, John Heng
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Sectors
HealthcareTechnology
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Phone
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Website
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Social
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- Legal Name Synphne Pte. Ltd.
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Annual Revenue
$60.94 K (USD)35as on Dec 31, 2023
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Net Profit
$-2.33 M (USD)-373as on Dec 31, 2023
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EBITDA
$-2.33 M (USD)-375as on Dec 31, 2023
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Mar 11, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of SynPhNe
SynPhNe offers a comprehensive portfolio of products and services, including Wearable Solution. 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.
Wearable that supports people with disabilities in daily and therapeutic activities.
Funding Insights of SynPhNe
SynPhNe has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in March 2024. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $5.0M
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First Round
First Round
(11 Mar 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series A - SynPhNe | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 SynPhNe
SynPhNe has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Event Horizon Technologies. 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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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 SynPhNe
| 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 - SynPhNe
| 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 |
Synphne Comparisons
Competitors of SynPhNe
SynPhNe 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 Press & Say, NeuroStyle and XCLR8 Technologies, 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 |
Provider of rehabilitation process for visually impaired
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| domain | founded_year | HQ Location |
Manufactures neurological diagnostic equipment and rehabilitation systems for healthcare clients.
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| domain | founded_year | HQ Location |
Offers wearable sensor technology for remote rehabilitation solutions.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Synphne
Frequently Asked Questions about SynPhNe
When was SynPhNe founded?
SynPhNe was founded in 2011 and raised its 1st funding round 13 years after it was founded.
Where is SynPhNe located?
SynPhNe is headquartered in Singapore, Singapore.
Is SynPhNe a funded company?
SynPhNe is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Mar 11, 2024.
What is the annual revenue of SynPhNe?
Annual revenue of SynPhNe is $60.94K as on Dec 31, 2023.
What does SynPhNe do?
SynPhNe was established in 2011 in Singapore as a provider of wearable devices focused on neurorehabilitation. Operations center on developing and deploying technology for monitoring patients during rehabilitation processes. The company serves the healthcare sector, particularly in neurology, with devices that track physiological data. Leadership includes Subhasis Banerji as founder and managing director, alongside co-founder John Heng. Activities are based in Singapore, supporting regional medical applications.
Who are the top competitors of SynPhNe?
SynPhNe's top competitors include Press & Say, NeuroStyle and XCLR8 Technologies.
What products or services does SynPhNe offer?
SynPhNe offers Wearable Solution.
Who are SynPhNe's investors?
SynPhNe has 1 investor. Key investors include Event Horizon Technologies.