Synatic provides a Hybrid Integration Platform (HIP) that enables extraction, manipulation, storage, and movement of diverse data types. The platform combines iPass, EB, ETL, API management, and on-premise connectivity to reduce the time and cost of integration, automation, and analytics. It offers prebuilt connectors to common data sources including AWS, Google Cloud, Sage, and HubSpot, and has delivered automated data integration solutions for insurance and wealth management market leaders while supporting Salesforce customers. Synatic is led by founder and CEO Martin Naude and is headquartered in New York. In November 2022 the company raised a $2.5M seed extension to expand its U.S. market reach through direct sales and expanded reseller and OEM partnerships. The company plans to use the funds to prepare for a Series A early in 2023. Synatic provides a low-code data platform that helps enterprises connect legacy systems and databases to modern cloud services. Its product is designed to integrate systems such as AS400 and DB2 with platforms including Salesforce, HubSpot, and Acumatica. Founded in 2017 and bootstrapped until this round, the company reports over 40 clients across Africa, Australia, and the US, with a client base weighted toward financial services (Tokio Marine, Community Bank, EasyEquities). The startup plans to use the funding to expand its U.S. customer base, deepen its technology, and grow the team. UW Ventures’ director Harry Apostoleris cited Synatic’s product vision and early partner validation as investment drivers. CEO Martin Naude framed the raise as part of building an international software company with South African roots.

Total raised

$4M

Funding rounds

2

Latest round

Seed

Latest activity

Nov 2022