When was Synapse Health founded?

Synapse Health was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Where is Synapse Health located?

Synapse Health is headquartered in Evanston, United States.

How many employees does Synapse Health have?

As of Mar 31, 2026, the latest employee count at Synapse Health is 378.

Is Synapse Health a funded company?

Synapse Health is a funded company, having raised a total of $40M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jan 03, 2023.

When was the latest funding round of Synapse Health?

Synapse Health's latest funding was a $***** Series B round on Sep 12, 2023, with participation from 0 investor. Its primary sector is Medical Device Distributors. Globally, the Medical Device Distributors sector has seen $397M in funding in 2026 to date.

Where does Synapse Health rank among its competitors?

Synapse Health ranks 8th amongst 294 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Synapse Health, which secured $25M in Sep, 2023.

Who are the top competitors of Synapse Health?

Synapse Health's top competitors include Reliable Medical Supply, StateServ and Hart Medical. Among them, Synapse Health secured the most recent funding round in September, 2023.

Synapse Health - 2026 Company Profile, Team, Funding & Competitors

Company Details

Transforming the DME industry with innovative, end-to-end solutions. The company offers a suite of technology-driven platforms designed to streamline the durable medical equipment (DME) process for all stakeholders. These solutions address challenges across the entire DME ecosystem, from ordering and fulfillment to billing and claims processing. By integrating with existing systems and providing real-time data, the company aims to improve efficiency, transparency, and accountability. Their services are tailored to meet the specific needs of prescribers, payors, providers, and patients, ensuring a seamless and positive experience for everyone involved. The company's commitment to innovation and technological advancement is driving significant improvements in the DME industry, ultimately leading to better patient care and reduced administrative burdens. The focus is on creating a more efficient and effective system for delivering essential medical equipment and supplies.

Website: synapsehealth.com
Email ID: *****@synapsepdi.com

Key Metrics

Founded Year

2021

Location

Evanston, United States

Stage

Series B

Total Funding

$40M in 2 rounds

Latest Funding Round

Series B, Sep 12, 2023, $*****

Investors

Enfield Capital Partners

Ranked

8^th among 294 active competitors

Employee Count

378 as on Mar 31, 2026

Similar Companies

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View Synapse Health's full profile

Synapse Health has raised a total funding of $40M over 2 rounds. Its first funding round was on Jan 03, 2023. Synapse Health has 1 institutional investor.

Here is the list of recent funding rounds of Synapse Health:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 12, 2023	3529586	Series B	6849648	2527079	1487633	5033795
Jan 03, 2023	6497560	Series B	4627889	4977406	2017967	4408231

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View details of Synapse Health's funding rounds and investors

Synapse Health's employee count trend

Synapse Health has 378 employees as of Mar 26. Here is Synapse Health's employee count trend over the years:

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Top competitors of Synapse Health include Reliable Medical Supply, StateServ and Hart Medical. Here is the list of Top 10 competitors of Synapse Health, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Reliable Medical Supply 1989, Brooklyn Park (United States), Late Stage	Provider of medical equipment, supplies, and repair services	-	Seven Hills Capital, ORIX & 3 others	48/100
2nd	StateServ 2004, Mesa (United States), Acquired	Provider of integrated DME and pharmacy solutions for post-acute care	-	Leavitt Equity Partners, Stellus Capital Management ... & 1 others	45/100
3rd	Hart Medical 2013, Grand Blanc (United States), Acquired	Provider of home medical equipment and supplies	-	-	42/100
4th	After The Fall 2013, Woodbridge (United States), Unfunded	Provider of equipment and adaptive housing solutions for workers' compensation claims	-	-	38/100
5th	Trace Medical 2004, Whitmore Lake (United States), Unfunded	Provider of ventilation equipment rentals, biomedical services, and asset tracking solutions	-	-	38/100
6th	First Nation Group 1985, Niceville (United States), Unfunded	Manufacturer of electric bikes and related components	-	-	37/100
7th	The Janz Corporation 1999, Reynoldsburg (United States), Unfunded	Global supplier of medical equipment, pharmaceuticals, and services for government healthcare	-	-	36/100
8th	Synapse Health 2021, Evanston (United States), Series B	Transforming the DME industry with innovative, end-to-end solutions	$40M	Enfield Capital Partners	31/100
9th	Direct Supply 1985, Milwaukee (United States), Unfunded	Provider of equipment, furnishings, building management, and procurement solutions	-	-	31/100
10th	AVALON PHOTONICS 2000, Denver (United States), Acquired	Distributor of medical equipment	$5.5M	Vision Capital, VI Partners & 2 others	30/100