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Synetro Group

North America, Illinois, United States, Chicago

Description

Synetro Group is a Chicago-based private investment and strategic advisory firm that strategically focuses on high-growth companies within the SaaS, health-tech, and business services sectors. The firm distinguishes itself by partnering closely with founders and management teams, aiming to accelerate growth and cultivate market-leading businesses. Their approach is rooted in providing both capital and strategic guidance, positioning them as active collaborators rather than just financial backers.

The firm's investment criteria are clearly defined, targeting companies with revenues typically ranging from $2 million to $20 million. Synetro Group seeks businesses that are either already profitable or demonstrate a clear and credible path to achieving profitability, coupled with significant growth potential. This selective approach ensures they align with robust businesses poised for expansion.

Synetro Group employs a flexible investment structure, capable of deploying capital across various instruments, including majority or significant minority equity stakes, debt, and hybrid solutions. This adaptability allows them to tailor financial solutions to the unique needs and capital structures of each portfolio company. Their typical first cheque size for investments ranges from $2 million to $10 million, reflecting their commitment to providing substantial capital for growth initiatives.

Beyond capital, Synetro Group emphasizes its role as a strategic advisor. They leverage their expertise to support portfolio companies in areas such as operational efficiency, market expansion, and strategic planning. This hands-on, partnership-oriented model is designed to maximize value creation and help companies navigate complex growth challenges, ultimately aiming to build sustainable, market-leading enterprises within their specialized sectors.

Investor Profile

Synetro Group has backed more than 38 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 13% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Israel, United Kingdom.
  • Strong thematic focus on Health Care, Software, Biotechnology.
  • Typical check size: $2M – $10M.

Stage Focus

  • Seed (37%)
  • Series A (26%)
  • Series B (11%)
  • Series C (8%)
  • Series Unknown (8%)
  • Series D (5%)
  • Pre Seed (3%)
  • Private Equity (3%)

Country Focus

  • United States (87%)
  • Israel (5%)
  • United Kingdom (5%)
  • Estonia (3%)

Industry Focus

  • Health Care
  • Software
  • Biotechnology
  • Information Technology
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Wellness
  • Life Science
  • Health Diagnostics
  • Medical
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Synetro Group frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 3
Bling Capital
North America, California, United States, San Jose
Co-Investments: 2
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 6
U.S. Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 2
TCV
North America, California, United States, Menlo Park
Co-Investments: 2
Azure Capital Partners
North America, California, United States, San Francisco
Co-Investments: 2
Madrona
North America, Washington, United States, Seattle
Co-Investments: 2
Chamaeleon
North America, California, United States, San Francisco
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 4
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 2

Which angels does Synetro Group often collaborate with?

AD
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 2
GK
North America, California, United States, San Francisco
Shared Deals: 2
TF
North America, Colorado, United States, Boulder
Shared Deals: 2
SL
North America, California, United States, Menlo Park
Shared Deals: 2
MT
North America, Tennessee, United States, Brentwood
Shared Deals: 1
MG
North America, California, United States, San Francisco
Shared Deals: 6
KH
Europe, Hamburg, Germany, Hamburg
Shared Deals: 1
NA
North America, California, United States, San Francisco
Shared Deals: 2
JP
North America, California, United States, Los Angeles
Shared Deals: 2
IH
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by Synetro Group?

Flourish Labs

San Francisco, California, United States

We're a healthcare company on a mission to scale professional peer support with tech to address the youth mental health crisis.

Health CareInformation TechnologyMental Health
SeedJul 20, 2022
Amount Raised: $6,369,899
TaskHuman

Palo Alto, California, United States

TaskHuman is a real-time digital coaching platform that offers 1-on-1 interactive sessions with live wellness coaches through video calls.

AppsFitnessHealth CareWellness
Series BJun 21, 2022
Amount Raised: $20,000,000
Aidoc

Tel Aviv, Tel Aviv, Israel

Aidoc specializes in developing artificial intelligence tools for radiologists and multidisciplinary response teams.

Artificial Intelligence (AI)Health CareMachine LearningMedical Device
Series DJun 16, 2022
Amount Raised: $110,000,000
Mirvie

South San Francisco, California, United States

Mirvie is a biotech company that creates precise, actionable, and non-invasive tests for maternal-fetal health.

BiotechnologyHealth CareHealth Diagnostics
Series BMay 17, 2022
Amount Raised: $45,000,000
Trustworthy.

San Francisco, California, United States

Trustworthy is an operating system that secures and organizes all family tasks in one place.

Software
Series AApr 7, 2022
Amount Raised: $15,000,000
Sano Genetics

Cambridge, Cambridgeshire, United Kingdom

Sano Genetics is a molecular diagnostics company that specializes in developing and commercializing genetic tests for inherited diseases.

BiopharmaBiotechnologyHealth CareLife Science
Series AMar 28, 2022
Amount Raised: $11,004,170
Delfina

San Francisco, California, United States

Delfina provides a personalized prenatal care system that uses the power of data to keep moms and babies safe during pregnancy.

Health CareMedicalPersonal HealthService IndustryWellness
SeedMar 9, 2022
Amount Raised: $5,300,000
Aramid Technologies

Gilbert, Arizona, United States

Aramid Technologies is a developer of SmartCert subscription supplier collaboration platform to exchange documentation in supply chains.

Information TechnologySoftwareSubscription Service
SeedFeb 8, 2022
Amount Raised: $2,000,000
Lisa Health

Oakland, California, United States

Lisa Health creates advanced technology solutions for menopause and healthy aging.

Health CareWellnessWomen's
Pre SeedJan 28, 2022
WeSolv

Chicago, Illinois, United States

WeSolv is a technical solution that engages diverse candidates in real business.

Business IntelligenceInnovation ManagementSocial Impact
SeedJan 24, 2022