How Much Did Synertech Raise?
Funding & Key Investors

Synertech has successfully secured a major strategic investment, reinforcing its position as a cornerstone in the enterprise IT services landscape. This latest capital injection, totaling $271K, brings the firm's cumulative financing to $421K. The infusion of liquidity underscores the company's sustained growth trajectory and its ability to leverage debt instruments to fuel operational expansion within the competitive global consulting sector.

What is Synertech?

Synertech
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Founded in 1992, Synertech Inc has evolved from its origins in the automotive sector into a comprehensive provider of high-value IT services and enterprise support. Headquartered in Southern California, the firm distinguishes itself through a commitment to in-house expertise, utilizing a team of Tidal Certified consultants to deliver specialized solutions in mainframe management, database administration, and business intelligence. By eschewing outsourcing in favor of a customer-first, 24/7 support model, Synertech maintains a distinct market advantage, ensuring high-quality service delivery for complex enterprise applications that require rigorous technical oversight and reliability.

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

Key Investors in Synertech

PPP

Public-Private Partnership

What's next for Synertech?

With this late-stage capital, Synertech is well-positioned to scale its service offerings and deepen its footprint in the enterprise technology market. The strategic allocation of these funds will likely focus on enhancing their proprietary support infrastructure and expanding their consulting capabilities to meet the increasing demand for digital transformation. As the company continues to navigate the complexities of the IT services industry, this financial backing provides the necessary runway to solidify its market share and potentially explore new verticals that align with its core competency in high-availability enterprise support.

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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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