What is Synetra?
Founded in 1983 and headquartered in Southlake, Texas, Synetra offers comprehensive IT and communications solutions tailored for small to medium businesses, alongside a diverse range of industries including Education, Financial, Government, Oil & Gas, Healthcare, and Enterprise sectors across Texas and New Mexico. Their extensive service portfolio encompasses managed services, data center and cloud solutions, unified communications and collaboration technology, IT as a service, project management, structured cabling, network infrastructure and security, physical security solutions, and hosted voice and video services. This broad spectrum of offerings positions Synetra as a versatile technology partner for its clientele.
How much funding has Synetra raised?
Synetra has raised a total of $307K across 2 funding rounds:
Debt
$150K
Debt
$157K
Debt (2020): $150K with participation from PPP
Debt (2021): $157K led by PPP
Key Investors in Synetra
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Synetra?
With a substantial total funding amount of $307K and a recent strategic investment of $157K, Synetra is poised for accelerated growth and strategic expansion. The company's late-stage funding context suggests a focus on scaling operations, potentially through market penetration, service diversification, or strategic acquisitions. This capital infusion will likely enable Synetra to enhance its technological capabilities, broaden its service delivery infrastructure, and strengthen its competitive advantage in the IT and communications solutions market, particularly within its established Texas and New Mexico territories.
See full Synetra company page
