How Much Did Synertech Raise?
Funding & Key Investors

Synertech, a global consulting and IT services company, has secured significant capital, with its total funding reaching $421K. The company recently announced a major strategic investment, bringing in $271K in its latest funding round. This infusion of capital underscores Synertech's position in the market and its ongoing growth trajectory.

What is Synertech?

Synertech
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Founded in 1992 and headquartered in southern California, Synertech Inc. is a global provider of consulting and IT services. Initially catering to the automobile industry, the company has evolved to offer a comprehensive suite of value-added services and support. Synertech specializes in Tidal Services, Mainframe, DBA, and Business Intelligence (BI) Services, alongside round-the-clock support for enterprise applications. A key differentiator for Synertech is its commitment to providing high-quality, in-house support, eschewing outsourcing to maintain competitive pricing and a customer-centric approach. Their team comprises experienced, Tidal Certified consultants dedicated to delivering robust solutions.

How much funding has Synertech raised?

Synertech has raised a total of $421K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$271K

Debt (2020): $150K with participation from PPP

Debt (2021): $271K led by PPP

What's next for Synertech?

The recent large-scale, late-stage funding marks a pivotal moment for Synertech, signaling a period of accelerated expansion and strategic development. This substantial capital injection is expected to fuel advancements in their core service offerings, potentially including further development of their Tidal Services and enterprise application support capabilities. The company's focus on in-house expertise and direct client engagement, combined with this new financial backing, positions Synertech to deepen its market penetration and enhance its competitive edge in the global IT services and consulting landscape. Future initiatives may involve scaling operations, expanding their client base, and investing in innovative solutions to meet evolving industry demands.

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Frequently Asked Questions Regarding Synertech Financial Insights

What are the most recent funding rounds that Synertech has completed, and what were the funding rounds?
Synertech has recently completed 2 funding rounds: Debt on Feb 3, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Synertech has raised to date?
Synertech has raised a total of $421K in funding to date.
How many funding rounds has Synertech completed?
Synertech has completed 2 funding rounds.
How much funding did Synertech raise in its most recent funding round?
Synertech raised $271K in its most recent funding round.
Who are the lead investors in Synertech's latest funding round?
The lead investor in Synertech'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 Synertech's history?
The largest funding round in Synertech's history was $271K.
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