About Synthefy
Synthefy is a company based in Austin (United States) founded in 2023 by Somi Agarwal and Shawn Jain. It operates as a SaaS, and B2B. Synthefy has raised $6 million across 1 funding round from investors including Haystack, Samsung NEXT and Lightscape. Synthefy offers products and services including Synthesize, Search, and Forecast. Synthefy operates in a competitive market with competitors including Datavolo and OneContext, among others.
- Headquarter Austin, United States
- Founders Somi Agarwal, Shawn Jain
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Seed
Jun 01, 2024
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Investors
Haystack
& 4 more
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Employee Count
Employee Count
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Products & Services of Synthefy
Synthefy offers a comprehensive portfolio of products and services, including Synthesize, Search, and Forecast. 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.
Tool for stress-testing and data anonymization in time series.
Platform for analytics and visualization of time series data.
Service for anomaly detection and capacity planning in data.
Funding Insights of Synthefy
Synthefy has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Seed round of $6 million completed in June 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 Seed — $6.0M
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First Round
First Round
(01 Jun 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2024 | Amount | Seed - Synthefy | 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 Synthefy
Synthefy has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Haystack, Samsung NEXT and Lightscape. 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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Founded Year | Domain | Location | |
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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 Synthefy
| 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 - Synthefy
| 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 |
Synthefy Comparisons
Competitors of Synthefy
Synthefy 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 Datavolo and OneContext, 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.
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Multimodal data pipelines for AI are orchestrated securely.
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Platform for developing and deploying RAG pipelines for AI data processing.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Synthefy
When was Synthefy founded?
Synthefy was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Synthefy located?
Synthefy is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of Synthefy?
Somi Agarwal is the current CEO of Synthefy. They have also founded this company.
Is Synthefy a funded company?
Synthefy is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Seed of $6M, raised on Jun 01, 2024.
What does Synthefy do?
Synthefy is a generative AI platform designed for comprehensive time series analysis, incorporating multivariate data and contextual metadata for enhanced accuracy. It provides tools like data synthesis for stress-testing, search for visualization, and forecasting for anomaly detection. The platform serves industries such as energy, finance, networking, and e-commerce, enabling robust machine learning applications through an online interface.
Who are the top competitors of Synthefy?
Synthefy's top competitors include Datavolo and OneContext.
What products or services does Synthefy offer?
Synthefy offers Synthesize, Search, and Forecast.
Who are Synthefy's investors?
Synthefy has 5 investors. Key investors include Haystack, Samsung NEXT, Lightscape, Canonical, and Wing Venture Capital.