What is Synco?
Founded in 2021 and headquartered in Pelham, New York, Synco operates as a provider of communication and messaging solutions tailored for the property management sector. The platform aims to streamline interactions and enhance operational efficiency within the real estate industry, positioning itself as a key player in proptech.
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 New York-based venture capital firm focused on the real estate technology ("PropTech") industry, investing in companies across the real estate value chain.
L&M Development
L&M Development AB is a Swedish consulting company specializing in tailored consulting services across various industries, including rail, transportation, automotive, and energy, offering expertise in strategic sourcing and project management.
Urban American Development
Urban American Development Company Ltd. (UADCL) is a pioneer in the real estate sector in Chittagong, Bangladesh, focusing on providing affordable housing solutions amidst rapid urbanization.
What's next for Synco?
The recent major strategic investment signals Synco's readiness for accelerated growth and market expansion. This capital infusion is likely to fuel product development, enhance its service offerings, and broaden its customer base within the property management ecosystem. The company is poised to leverage this financial backing to solidify its market position and pursue further innovation in communication technologies for real estate.
See full Synco company page
