How Much Did Synop Raise?
Funding & Key Investors

Synop, an end-to-end EV software platform, has secured $10.1M in a major strategic investment, contributing to its total funding of $10.1M. This latest capital infusion underscores the company's significant traction in the burgeoning electric vehicle infrastructure and fleet management sector. The company's comprehensive solution aims to streamline charging, fleet operations, and energy management for electric fleets.

What is Synop?

Synop
SoftwareSupply Chain Management (SCM) Software

Synop is at the forefront of fleet electrification, offering a unified software platform that integrates charging infrastructure, operational management, and energy consumption. By leveraging telematics, intelligent routing, and AI-powered forecasting, Synop addresses critical pain points for fleet managers, making EV adoption more accessible and efficient. The platform is designed to support scalability across diverse vehicle classes and charging partnerships, simplifying the transition to electric fleets.

How much funding has Synop raised?

Synop has raised a total of $10.1M across 1 funding round:

2022

Angel/Seed

$10.1M

Angel/Seed (2022): $10.1M with participation from Congruent, Wireframe Ventures, Better Ventures, and VC Obvious Ventures

Key Investors in Synop

Congruent

Congruent Software, with over 30 years of experience, offers IT consulting and software development, specializing in AI and cloud solutions. Their focus on automation and data analytics aligns with Synop's need for advanced fleet management technology.

Wireframe Ventures

Wireframe Ventures is a seed-stage VC firm dedicated to funding technology founders building solutions for a healthier and more sustainable future. Their investment in Synop highlights a commitment to climate-tech and scalable energy management.

Better Ventures

Better Ventures, a mission-driven VC, invests in early-stage startups using science and technology for a sustainable economy. Their focus on sustainable industry and AI-driven solutions complements Synop's mission to advance fleet electrification.

What's next for Synop?

With this substantial enterprise-level funding, Synop is poised for accelerated growth and market expansion. The strategic investment signals confidence in the company's vision to become a dominant player in the EV software ecosystem. Future developments are likely to focus on enhancing its AI capabilities, expanding its network of charging and vehicle partners, and further optimizing its platform for diverse fleet requirements. This financing will be instrumental in scaling operations and solidifying Synop's position as a leader in sustainable fleet solutions.

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Frequently Asked Questions Regarding Synop Financial Insights

What are the most recent funding rounds that Synop has completed, and what were the funding rounds?
Synop has recently completed 1 funding rounds: Angel/Seed on Jun 23, 2022.
What is the total amount of funding Synop has raised to date?
Synop has raised a total of $10.1M in funding to date.
How many funding rounds has Synop completed?
Synop has completed 1 funding rounds.
How much funding did Synop raise in its most recent funding round?
Synop raised $10.1M in its most recent funding round.
Who are the lead investors in Synop's latest funding round?
The lead investor in Synop's latest funding round was Congruent. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Synop's history?
The largest funding round in Synop's history was $10.1M.
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