About Synuity
Synuity is a company based in Tampa (United States) founded in 2016 was acquired by G&A Partners in June 2018.. Synuity offers products and services including Payroll Processing, HR Services, Employee Benefits, Workers' Compensation, and Insurance Services. Synuity operates in a competitive market with competitors including ADP, UKG, Randstad, Bullhorn and Insperity, among others.
- Headquarter Tampa, United States
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Sectors
Business Services
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Email
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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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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
G&A Partners
(Jun 01, 2018)
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Products & Services of Synuity
Synuity offers a comprehensive portfolio of products and services, including Payroll Processing, HR Services, Employee Benefits, Workers' Compensation, and Insurance Services. 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.
Manages payroll administration and payments for businesses.
Provides HR management and employee support functions.
Administers health and other employee benefit programs.
Handles workers' compensation claims and compliance.
Offers insurance solutions for business protection.
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Leadership Team
2 people
Sales and Marketing
2 people
Finance and Accounting
2 people
Agency Team
1 people
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Funding Insights of Synuity
| 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 Synuity
Synuity has secured backing from 1 investor. Prominent investors backing the company include G&A Partners. 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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HR outsourcing services are provided to businesses nationwide.
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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 Synuity
| 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 - Synuity
| 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 |
Synuity Comparisons
Competitors of Synuity
Synuity 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 ADP, UKG, Randstad, Bullhorn and Insperity, 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 |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
Provider of HR and payroll & workforce management solutions
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| domain | founded_year | HQ Location |
HR consulting, recruitment, and outsourcing services are offered worldwide.
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| domain | founded_year | HQ Location |
Cloud-based ATS and CRM systems are offered for staffing agencies.
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| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
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| domain | founded_year | HQ Location |
HR, insurance, and liability services are provided by Alera Group.
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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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Frequently Asked Questions about Synuity
When was Synuity founded?
Synuity was founded in 2016.
Where is Synuity located?
Synuity is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
Who is the current CEO of Synuity?
Tom Newman is the current CEO of Synuity.
What does Synuity do?
Synuity was established in 2016 and is headquartered in Tampa, United States. HR consulting services are offered by the company within the human resources sector, addressing needs in talent management, compliance, and organizational development. Operations are conducted primarily in the US, with Tom Newman appointed as CEO. Expertise is extended to businesses seeking HR optimization, supported by a focused team structure.
Who are the top competitors of Synuity?
Synuity's top competitors include Randstad, Alera Group and UKG.
What products or services does Synuity offer?
Synuity offers Payroll Processing, HR Services, Employee Benefits, Workers' Compensation, and Insurance Services.
Who are Synuity's investors?
Synuity has 1 investor. Key investors include G&A Partners.