How Much Did Cynergy Raise?
Funding & Key Investors

Cynergy, a company specializing in the warranty services, manufacturing, re-manufacturing, and repair of mobile phones and devices, has secured $2M in total capital. The company recently announced a $2M strategic investment, underscoring its significant position in the enterprise-level funding landscape. This latest financing round follows a substantial debt financing event in April 2020.

What is Cynergy?

Cynergy
Consumer ServicesRepair Services

Founded in 1999 and headquartered in Norcross, Georgia, Cynergy operates within the mobile device lifecycle management sector. The company provides comprehensive services including warranty, manufacturing, re-manufacturing, and repair for CDMA, GSM, and TDMA mobile phones and devices. Cynergy serves a broad spectrum of manufacturers and their product retailers, positioning itself as a key partner in maintaining device functionality and extending product life.

How much funding has Cynergy raised?

Cynergy has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for Cynergy?

The recent major strategic investment signals a pivotal growth phase for Cynergy, likely aimed at expanding its service capabilities, technological infrastructure, or market reach within the mobile device repair and refurbishment industry. This infusion of capital, coupled with its established enterprise-level funding context, suggests a strategic focus on solidifying its market leadership and potentially exploring new avenues for service innovation. The company's trajectory indicates a commitment to supporting the longevity and performance of mobile devices across various manufacturers.

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Frequently Asked Questions Regarding Cynergy Financial Insights

What are the most recent funding rounds that Cynergy has completed, and what were the funding rounds?
Cynergy has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Cynergy has raised to date?
Cynergy has raised a total of $2M in funding to date.
How many funding rounds has Cynergy completed?
Cynergy has completed 1 funding rounds.
How much funding did Cynergy raise in its most recent funding round?
Cynergy raised $2M in its most recent funding round.
Who are the lead investors in Cynergy's latest funding round?
The lead investor in Cynergy's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cynergy's history?
The largest funding round in Cynergy's history was $2M.
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