Funding round
Synnada Labs Pre-seed
Synnada Labs, which works in AI infrastructure development in Austin, raised $2.6M in a Pre-seed round announced on 29 Apr 2022. 5 firms took part.
$2.6M
Amount raised
Not disclosed
Post-money valuation
5
Investors
no lead named
Valuation
What this round says about the price
Synnada Labs did not disclose a valuation in this round. It is Synnada Labs' first venture round on record, in the year it was founded (2022). No later venture round is on record for Synnada Labs.
Synnada Labs' funding rounds
This is the only venture round on record for Synnada Labs.
- Pre-seed this round 29 Apr 2022 $2.6M
Investors
Who put money in
5 firms took part; no lead investor was named.
Investors
- StartX new investor
- Day One Capital backs 22 venture-backed companies new investor
- backs 12 venture-backed companies new investor
- e2vc new investor
- backs 19 venture-backed companies new investor
Comparable rounds
How it compares
38 Pre-seed rounds in Software Development Services within a year either side disclosed an amount; the median was $1.4M, and this round was 1.9 times the median. The closest in time, other companies' Pre-seed rounds in Software Development Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Software Development Services | 6 Apr 2022 | $3.5M | not disclosed | N49P Venture Capital and Surface Ventures |
| Software Development Services | 27 Apr 2022 | $1.6M | not disclosed | not named |
| Software Development Services | 7 Apr 2022 | $1.0M | not disclosed | Red Beard Ventures |
| Software Development Services | 1 May 2022 | $8.5M | not disclosed | Bessemer Venture Partners and Elevation Capital |
| Software Development Services | 15 May 2022 | $4.8M | not disclosed | Hawkstone |
| Software Development Services | 11 Mar 2022 | $3.0M | not disclosed | Hashed |
| Software Development Services | 25 May 2022 | $600K | not disclosed | Resolution Ventures |
| Software Development Services | 28 Jun 2022 | $12M | not disclosed | Lenovo Capital |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Synnada Labs raise in its Pre-seed round?
Synnada Labs raised $2.6M in its Pre-seed round, announced in Apr 2022.
Which investors took part in Synnada Labs' Pre-seed round?
StartX, Day One Capital, Collective Spark, e2vc and Expeditions.
What was Synnada Labs' valuation at the Pre-seed round?
It was not disclosed.
How does it compare with other Pre-seed rounds in Software Development Services?
38 Pre-seed rounds in Software Development Services within a year either side disclosed an amount; the median was $1.4M, and this round was 1.9 times the median.