Fundz

Synply Inc. raised $4.8M in a seed round led by Canapi Ventures and Live Oak Ventures to fuel product growth and development.

PRIVATEOct 22, 2024

Amount Raised

$4.8 Million

Round Type

Seed

WilmingtonFinancial ServicesFintechLending

Investors

Woodforest Financial GroupLive Oak VenturesOFG BancorpTReK Capital PartnersCanapi Ventures

Description

Synply Inc., a cloud-based loan syndication platform, has completed a $4.8 million seed round. The funding will support the company’s next phase of product growth and development, according to the announcement. Investors include Canapi Ventures, Live Oak Ventures, Woodforest Financial Group, OFG Bancorp, TReK Capital Partners, and several individual industry veterans.

Quick answer

Synply raised $4.8 Million in a Seed round, dated October 22, 2024. Investors: Woodforest Financial Group, Live Oak Ventures, OFG Bancorp, TReK Capital Partners and Canapi Ventures. Synply is based in Wilmington, Delaware, United States.

How much did Synply raise?
Synply raised $4.8 Million in a Seed round on October 22, 2024.
Who invested in Synply?
Woodforest Financial Group, Live Oak Ventures, OFG Bancorp, TReK Capital Partners and Canapi Ventures are named as investors in this round.
What does Synply do?
Synply Inc. is a cloud-based loan syndication platform designed to centralize the entire process of syndicated lending and portfolio management.
Where is Synply based and how big is it?
Synply is based in Wilmington, Delaware, United States.
Who are the decision-makers at Synply?
Fundz holds 1 contact at Synply. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Synply that raised within 45 days of this round, from Fundz verified event records.

  • KPay raised $55M (Series A) on December 3, 2024.
  • OpenTrade raised $4M (Seed) on November 27, 2024.
  • Habitto raised $12M (Series A) on November 27, 2024.
  • Fagura raised $1M (Seed) on November 22, 2024.
  • OpenYield raised $7M (Funding Round) on November 21, 2024.
  • Beeline Holdings raised $1.6M (Series A) on November 14, 2024.

Who to call at Synply, and when

A new round usually means Synply is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Synply

Location

Wilmington, Delaware, United States

About

Synply Inc. is a cloud-based loan syndication platform designed to centralize the entire process of syndicated lending and portfolio management. Co-founded by Corbin Penland and Radek Filarski, the platform aims to enhance transparency and access to real-time information for both buyers and sellers. With a focus on customer-centric solutions, it provides end-to-end efficiency for banks participating in loan syndications. The company was incubated by Live Oak Bank and is leveraging innovative technology to improve the lending experience.

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