Synonym Finance
PrivateLast Round
Seed
Jan 24, 2024
Total Funding Raised
$1.5M
Company Overview
Synonym Finance operates in Crypto & Web3 and is based in Toronto. Its latest recorded funding round was a Seed round in January 2024.
Synonym Finance is a decentralized finance company that operates a cross-chain lending and borrowing protocol built on the Wormhole technology stack.
Sector
Crypto & Web3
Verticals
DeFi, Cross-Chain, Lending & Credit, Blockchain Infrastructure, DAOs
Business Model
B2C
Customer Profile
Revenue Share, Payment Processing Fee
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Synonym Finance Comparables
Compare Synonym Finance with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Pike Finance | 89% | |
| Radiant Capital | 88% | |
| Prime Protocol, Inc. | 87% |
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Synonym Finance Funding Rounds
Historical fundraising activity
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Synonym Finance Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Marshland Capital | Seed |
| Borderless Capital | Seed |
| Robot Ventures | Seed |
| Veris Ventures | Seed |
| Big Brain Holdings | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 24, 2024
$1.5M round led by Borderless Capital.
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Synonym Finance Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Frequently Asked Questions
Common questions about Synonym Finance's valuation, stock price, and market status.
Is Synonym Finance a public or private company?
Synonym Finance is a private company.
What is the current stock price of Synonym Finance?
Synonym Finance is a private company, so its shares have no public market price. Caplight tracks Synonym Finance's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Synonym Finance worth (valuation)?
Valuation information for Synonym Finance is not publicly available.
Can I buy Synonym Finance stock?
Synonym Finance shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Synonym Finance's last funding round?
Synonym Finance's most recent funding round was Seed on January 24, 2024.
Who are the main investors in Synonym Finance?
Key investors in Synonym Finance include Borderless Capital.
Will Synonym Finance IPO soon?
No public IPO plans have been announced for Synonym Finance.
How can I track Synonym Finance secondary market activity?
Caplight tracks bids, offers, and trades in Synonym Finance's shares on secondary markets.