What is Synco?
Founded in 2021 and headquartered in Pelham, New York, Synco operates as a provider of communication and messaging platforms specifically designed for the property management industry. The company aims to streamline interactions between property managers, residents, and service providers through its integrated technology solutions. By focusing on enhancing communication efficiency, Synco addresses a critical need for seamless information flow in real estate operations, positioning itself as a key player in the proptech landscape.
How much funding has Synco raised?
Synco has raised a total of $5.5M across 1 funding round:
Angel/Seed
$5.5M
Angel/Seed (2023): $5.5M with participation from MetaProp, L&M Development, Urban American Development, and Lefrak Organization
Key Investors in Synco
MetaProp
MetaProp is a prominent venture capital firm specializing in real estate technology (proptech), actively investing in early-stage companies that are transforming the built environment.
L&M Development
L&M Development AB is a Swedish consulting company offering expertise in strategic sourcing, project management, and business development across various industries, including real estate and infrastructure.
Urban American Development
Urban American Development Company Ltd. is a real estate developer focused on providing housing solutions in Chittagong, Bangladesh, aiming to create safe and quality residential projects.
What's next for Synco?
With the recent major strategic investment, Synco is poised for accelerated growth and enhanced service offerings. The company is likely to leverage this capital to expand its technological capabilities, broaden its market reach, and potentially explore new service verticals within property management. This funding round signals strong investor confidence in Synco's business model and its potential to disrupt the traditional property management communication space, paving the way for future scaling and innovation.
See full Synco company page
