Synvertec Overview
- Year Founded
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2014
- Status
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Private
- Employees
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5
- Latest Deal Type
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2ndary - Private
- Investors
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7
Synvertec General Information
Description
Developer of a control algorithm software designed to provide grid stability services. The company's software empowers the transition of grids worldwide by replacing traditional thermal energy generation with inverter-based renewable energy sources, enabling businesses to enhance yields and maximize the utilization of electricity provided by renewable energy sources in traditional and micro smart grid topologies.
Contact Information
Website
www.synvertec.comCorporate Office
- 6 Galgaley Haplada
- Herzliya 46722
- Israel
Corporate Office
- 6 Galgaley Haplada
- Herzliya 46722
- Israel
Synvertec Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 9. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 8. Later Stage VC (Series A) | 01-Dec-2020 | Cancelled | Product In Beta Test | |||
| 7. Later Stage VC | 31-Mar-2020 | Completed | Product In Beta Test | |||
| 6. Accelerator/Incubator | 01-Jan-2019 | Completed | Startup | |||
| 5. Grant | 01-Jun-2017 | Completed | Product In Beta Test | |||
| 4. Grant | 01-Oct-2015 | Completed | Product In Beta Test | |||
| 3. Seed Round | 01-Sep-2014 | Completed | Startup | |||
| 2. Accelerator/Incubator | 01-Jan-2014 | $600K | $600K | Completed | Startup | |
| 1. University Spin-Out | 01-Jan-2014 | Completed | Startup |
Synvertec Comparisons
Industry
Financing
Details
Synvertec Competitors (1)
One of Synvertec’s competitors is Tesla, a Formerly VC-backed company based in Austin, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Tesla | Formerly VC-backed | Austin, TX |
Synvertec Related Research & Analysis
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Synvertec Signals
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Key Data Points
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Majestic Referring Domains
Synvertec Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Free Electrons | Accelerator/Incubator | |||
| Ministry of Energy | Government | |||
| Horizon 2020 | Government | |||
| Southern Israel Bridging Fund | Venture Capital | Minority | ||
| The Israel Electric Corporation | Corporation | Minority |
Synvertec FAQs
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When was Synvertec founded?
Synvertec was founded in 2014.
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Where is Synvertec headquartered?
Synvertec is headquartered in Herzliya, Israel.
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What is the size of Synvertec?
Synvertec has 5 total employees.
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What industry is Synvertec in?
Synvertec’s primary industry is Business/Productivity Software.
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Is Synvertec a private or public company?
Synvertec is a Private company.
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What is Synvertec’s current revenue?
The current revenue for Synvertec is .
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How much funding has Synvertec raised over time?
Synvertec has raised $3.1M.
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Who are Synvertec’s investors?
Free Electrons, Ministry of Energy, Horizon 2020, Southern Israel Bridging Fund, and The Israel Electric Corporation are 5 of 7 investors who have invested in Synvertec.
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Who are Synvertec’s competitors?
Tesla is a competitor of Synvertec.
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