Corporate learning platform Synapse nabs $3.3 mln in seed funding

Synapse, a Toronto-based technology provider to the learning and development market, has raised about $3.3 million (US$2.5 million) in a seed-stage financing. Generation Ventures, the venture capital arm of Canadian family office Generation Capital, led the round. It was joined by Ripple Ventures, Differential Ventures, CEAS Investments, Cathexis Ventures, Ideal Ventures and Neal Dempsey. Founded in 2016, Synapse has created a learning design system that streamlines the processes associated with planning and developing corporate training programs. Led by CEO Ryan Austin, the company will use the funds raised for growing sales, marketing and product expansion, and new hires.

10 April 2019•3 mins read
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