About Synergis
Synergis is a venture capital firm founded in 2018. It is primarily based out of Toronto, Canada. As of Apr 2025, Synergis has invested in 39 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Blockchain Technology and FinTech. Most recently it participated in the $***** Seed round of Eureka Builder Overall, Synergis portfolio has seen 2 unicorns, 1 IPO and 1 acquisition, namely Polestar, Forte and eSign. A lot of funds co-invest with Synergis, with names like Shima Capital sharing a substantial percentage of its portfolio. Synergis has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Synergis' List of Top Investments
Synergis has a portfolio of 39 companies, including 2 unicorns. Their most notable investments are in GAMA and Hibiki Run.Their portfolio spans across United States, Singapore, Canada and 8 more locations. They have invested in High Tech, Blockchain Technology, FinTech and 19 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Synergis:1. Polestar
Manufacturer of electric cars. It develops two models of electric cars Polestar 1, and Polestar 2. They provide product features like Bluetooth connectivity, digital keys, app integration for settings configuration, an in-built infotainment system with google apps, speech recognition technology, rear, and front axle electric motors, and more.
Key facts about Polestar
- Founded Year: 1996
- Location: Torslanda (Sweden)
- Stage: Public
- Total Funding till date: $550M
- Employee Count: 2,895 as on Jul 31, 2026
- Investors: BNP Paribas, Standard Chartered and 16 Others
- Latest Funding Round: Post IPO, Feb 02, 2026, $*****
- Highlight: Public
2. Discord
Provider of a platform for group chats, video, and text communication. It allows users to create communities for various interests and activities. The platform offers features such as custom emojis, soundboard effects, and screen sharing. It supports multiple devices, enabling users to stay connected across different platforms.
Key facts about Discord
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series I
- Total Funding till date: $978M
- Employee Count: 4,883 as on Jun 30, 2026
- Investors: Benchmark, equitywestsecurities.com and 55 Others
- Latest Funding Round: Series I, Mar 03, 2022, $*****
- Highlight: Editors' Pick
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Developer of a digital bank for businesses. It enables users to open an online checking account and earn returns with interest rates. It enables money transfers via wire and ACH transfers. It facilitates users with certain account balances to upgrade to returns with higher interest rates. It also provides businesses with accounts payable solutions.
Key facts about Rho Business Banking
- Founded Year: 2010
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $235M
- Employee Count: 331 as on Jul 31, 2026
- Investors: Dragoneer Investment Group, DFJ Growth and 21 Others
- Latest Funding Round: Series B, Dec 09, 2021, $*****
- Highlight: Editors' Pick
4. Magic
Provider of cloud-based solutions for passwordless authentication. It also provides cryptographic data encryption solutions for secure authentication. The features of the product include passwordless login, data breach prevention, secure e-mail delivery, and a delegated key management infrastructure.
Key facts about Magic
- Founded Year: 2018
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $83M
- Employee Count: 227 as on Jul 31, 2026
- Investors: Northzone, Seven Hound Ventures and 36 Others
- Latest Funding Round: Series B, May 31, 2023, $*****
- Highlight: Editors' Pick
5. Shef
Online platform for delivering homemade meals. Users can search for their neighborhood chefs, select dishes, and order online. Meals are delivered in refrigerated boxes, users can heat and consume the food.
Key facts about Shef
- Founded Year: 2018
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $102M
- Employee Count: 436 as on Jul 31, 2026
- Investors: CRV, Craft Ventures and 25 Others
- Latest Funding Round: Series B, 2022, $*****
- Highlight: Editors' Pick
Synergis' Year-on-Year Investment Trends
Synergis has invested in 39 companies over the last 5 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Eureka Builder.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 5 | 0 | 5 |
2023 | 6 | 0 | 6 |
2022 | 4 | 0 | 4 |
2021 | 3 | 0 | 3 |
Synergis' Investments by Stage
Synergis has made 16 investments in Seed stage with an average round size of $6.48M, 2 investments in Series A stage with an average round size of $18.3M and 1 investment in Series B stage with an average round size of $12.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 16 |
Series A | 2 |
Series B | 1 |
Note: We have considered here, only first round of investments
Synergis' Investments by Sector
Synergis has a diverse portfolio, with companies operating in the High Tech, Blockchain - Industry Applications, Blockchain Technology, FinTech and Consumer. Notably, it has invested in 38 Tech companies, 24 Consumer (B2C) companies, 24 Enterprise (B2B) companies and at least 22 companies focusing on Blockchain.Sector | No. of Investments |
|---|---|
High Tech | 14 |
Blockchain - Industry Applications | 13 |
Blockchain Technology | 13 |
FinTech | 9 |
Consumer | 8 |
Others | 19 |
Note: We have considered here, only first round of investments
Synergis' Investments by Geography
Synergis has made most investments in United States (9), followed by Singapore where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 9 |
Singapore | 3 |
Canada | 2 |
Australia | 1 |
Israel | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Synergis' recent investments
Synergis has not made any investment in 2026 so far.Here are the most recent investments by Synergis:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 2025 | Israel | Seed | 4701 | [+7] | |
Sep 09, 2024 | United States | Seed | 4173 | [+10] | |
May 30, 2024 | Thailand | Seed | 1807 | [+2] | |
Mar 28, 2024 | Canada | Seed | 4170 | [+16] | |
Mar 01, 2024 | United States | Seed | 9308 |
Unicorns in Synergis' Portfolio
Synergis has 2 unicorns in its portfolio - eSign and Forte. The most recent unicorn in their portfolio is eSign. It became a unicorn in 2021, 5 years before Synergis first invested in it.Here is a list of unicorns in Synergis' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
40 | Platform offering cloud-based electronic signature software for enterprises | 2002 | Hangzhou | Series E | gj{hzlv | ||
58 | Provider of Web3 infrastructure and compliance platform for blockchain projects | 2019 | San Francisco | Series B | zbnlmra |
IPOs and Publicly Listed companies in Synergis' Portfolio
1 of Synergis' portfolio company became public - Polestar. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2022.Here are Synergis' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 24, 2022 | - | - | 8813 |
Acquired companies in Synergis' Portfolio
1 company from Synergis' portfolio has been acquired. The most recent acquisition was Iron Fish in Mar 2025 by Coinbase for $*****.Here are Synergis' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 12, 2025 | - | - | 3360 |
Team profile of Synergis
Synergis has a team of 1 member located in Canada. Synergis' team does not sit on the board of any company as of now.Co-investors of Synergis
Over the past 5 years, 194 investors have co-invested in Synergis's portfolio companies. This includes funds and angels.
- Invested before Synergis: Focus Labs, OSS Capital and 28 others have invested in rounds before Synergis. There is 1 company where Focus Labs has invested before Synergis and 1 company where OSS Capital has invested before Synergis.
- Top Co-investors of Synergis: 148 investors entered a company along with Synergis. These include investors like Shima Capital (6 companies).
- Invested after Synergis: A total of 16 investors have invested in Synergis's portfolio after their investments. Top Investors include Binance (1 company), Framework Ventures (1 company) and BasedVC (1 company).
Recent News related to Synergis
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Nectar AI raises $3.9M to build uncensored immersive AI companionsAMBCrypto•Sep 09, 2024•Decimaintl, Baboon, Builder Capital, Maelstrom and 11 others
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Franklin Raises $2.9M Seed Funding to Provide Tax-compliant Crypto Payroll ServicesDecrypt•Apr 05, 2024•Franklin Payroll, gCC, CMT Digital, Ar and 3 others
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rabbit Secures $20M Funding Round, Introducing Large Action Model (LAM)Business Wire•Oct 04, 2023•rabbit, Khosla Ventures, Synergis, Kakao Investment
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Doj Special Agent Launches Crypto Crime-Fighting Startup with $4.3 M FundingCoincu Financial Group•Apr 11, 2023•Catlabs, Castle Island Ventures, Brevan Howard, CMT Digital and 11 others
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Why gCC led the $2.9M round into Franklin PayrollgCC•Apr 04, 2023•Franklin Payroll, gCC, CMT Digital, Ar and 4 others
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The “Crypto Twitter” Game Has Successfully Raised $6 Million USDCoincu Financial Group•Jan 31, 2023•Oh Baby Games, eGirl Capital, Synergis, Merit Circle
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Web 3.0 Data Infrastructure BlockVision Raises $5 Million Led by Shima, Synergis, and QimingGlobeNewswire•Mar 08, 2022•BlockVision, Shima Capital, Synergis, Qiming Venture Partners and 7 others
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