Synatic Secures $2.5 Million in Seed Extension Funding
NEW YORK, Dec. 5, 2022 /PRNewswire/ -- Synatic, a leader in data integration and automation, has secured an additional $2.5 million in a seed extension funding round led by Allan Gray E-Squared Ventures and UW Ventures. Synatic will use the additional funds to expand market reach in the United States in preparation for Series A funding early in 2023.
- NEW YORK, Dec. 5, 2022 /PRNewswire/ --Synatic, a leader in data integration and automation, has secured an additional $2.5 million in a seed extension funding round led by Allan Gray E-Squared Ventures and UW Ventures.
- Synatic will use the additional funds to expand market reach in the United States in preparation for Series A funding early in 2023.
- Participating in the seed extension round are Allan Gray E-Squared Ventures ("AGEV"), UW Ventures, Adansonia PE Opportunities VCC, and the Endeavor Harvest Fund.
- The additional seed funding will be used to increase Synatic's market footprint in the United States, including direct sales and expanding reseller and OEM partnerships.