Synapse Health - About the company
Synapse Health is a series B company based in Evanston (United States), founded in 2021 by Cory Roberts. It operates as a Transforming the DME industry with innovative, end-to-end solutions. Synapse Health has raised $40M in funding. The company has 206 active competitors, including 2 funded and 25 that have exited. Its top competitors include companies like StateServ, Reliable Medical Supply and Hart Medical.
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
Ranked
2nd among 206 active competitors
Employee Count
51 - 200 as on Jul 17, 2025
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Synapse Health's funding and investors
Synapse Health has raised a total funding of $40M over 2 rounds. Its first funding round was on Jan 03, 2023.
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 | 3545836 | Series B | 8593334 | 9041639 | 6161029 | 6458582 |
Jan 03, 2023 | 9681223 | Series B | 1233177 | 3562758 | 7928114 | 4309753 |
View details of Synapse Health's funding rounds and investors
Synapse Health's founders and board of directors
Founder? Claim ProfileThe founders of Synapse Health is Cory Roberts.
Here are the details of Synapse Health's key team members:
- Cory Roberts: Co-Founder and Board Director of Synapse Health and founder of 1 other company.
View details of Synapse Health's Founder profiles and Board Members
Synapse Health's employee count trend
Synapse Health has 51 - 200 employees as of Jul 25. Here is Synapse Health's employee count trend over the years:
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Synapse Health's Competitors and alternates
Top competitors of Synapse Health include StateServ, Reliable Medical Supply and Hart Medical. Here is the list of Top 10 competitors of Synapse Health, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | StateServ 2004, Mesa (United States), Acquired | Provider of integrated DME and pharmacy solutions for post-acute care | - | 49/100 | |
2nd | Synapse Health 2021, Evanston (United States), Series B | Transforming the DME industry with innovative, end-to-end solutions | $40M | - | 43/100 |
3rd | Reliable Medical Supply 1989, Brooklyn Park (United States), Late Stage | Provider of medical equipment, supplies, and repair services | - | 42/100 | |
4th | Hart Medical 2013, Grand Blanc (United States), Acquired | Provider of home medical equipment and supplies | - | - | 42/100 |
5th | Med One Group 1991, Sandy (United States), Unfunded | Provider of medical equipment leasing, rentals, sales, and biomedical services | - | - | 38/100 |
6th | After The Fall 2013, Woodbridge (United States), Unfunded | Provider of equipment and adaptive housing solutions for workers' compensation claims | - | - | 37/100 |
7th | Trace Medical 2004, Whitmore Lake (United States), Unfunded | Provider of ventilation equipment rentals, biomedical services, and asset tracking solutions | - | - | 34/100 |
8th | The Janz Corporation 1999, Reynoldsburg (United States), Unfunded | Global supplier of medical equipment, pharmaceuticals, and services for government healthcare | - | - | 33/100 |
9th | Alpine Home Medical 1997, Salt Lake City (United States), Unfunded | Manufacturer of high-quality toffees and candies | - | - | 31/100 |
10th | DMR 1984, Doral (United States), Unfunded | Provider of an online platform for amateur football league management | - | - | 31/100 |
Looking for more details on Synapse Health's competitors? Click here to see the top ones
Synapse Health's Investments and acquisitions
Synapse Health has made no investments or acquisitions yet.
News related to Synapse Health
Media has covered Synapse Health for a total of 3 events in the last 1 year, 3 of them have been about people movement.
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Synapse Health Names Jay Shah as New CFOHIT Consultant•Apr 29, 2025•Synapse Health, Integra Partners
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Synapse Health Appoints Shaw Rietkerk Chief Operating OfficerPR Newswire•Feb 17, 2025•Synapse Health, AdaptHealth, Brightree
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Synapse Heath Appoints Shaw Rieterk Chief Operating OfficerSynapse Health•Feb 17, 2025•Synapse Health
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Synapse Health Announces Tim Frederick Joins Organization as Chief Technology OfficerSynapse Health•Sep 20, 2023•Synapse Health
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