Synatic Raises $2.5M in Seed Extension Funding
- Synatic, a New York-based data integration and automation company, raised $2.5M in Seed extension funding
- Backers included Allan Gray E-Squared Ventures, UW Ventures, Adansonia PE Opportunities VCC, and the Endeavor Harvest Fund
- The company intends to use the funds to expand market reach in the United States
- The company provides a Hybrid Integration Platform (HIP) that allows for various forms of data to be extracted, manipulated, stored, and moved to a destination
- The platform brings together iPass, EB, ETL, API management, and on-premise connectivity to offer enterprise-grade tools to cut the time and cost of integration, automation, and analytics
- The company has already developed automated data integration solutions for insurance and wealth management market leaders and is empowering Salesforce customers
