San Francisco
Synapse is a fintech company developing white-labeled APIs for banking services, offering developer-facing APIs for companies building innovative financial products and bank-facing APIs so banks can automate their back-end operations.
Estimated valuation today
$78M
-69.63% since last round
Calculated based on estimated multiplier and revenue.
Revenue
Update this based on your knowledge or projections. Calculations use last 12 months revenue.
Hype Multiple
Currently selected comps have a median growth rate of 1.75%
This premium represents how much of a bonus the company receives on its valuation for its additional growth compared to the selected public comps. The valuation is multipled by the Hype Multiple to get the final valuation. You can read more about this from a16z.
multiple
In an event of a merger or aquisition, the investors will get their money back first. In this case, the investors got paid out and there is a little bit of money left for employees. However, the share price is less than the estimated strike price which means they are virtually worthless.
The last round was 3 years ago.
Date
June 2019
Valuation
$256M
Amount raised
$33M
We estimate company valuation by comparing it to similiar companies in the public market. The revenue multipler is calculated by taking a company's current valuation and dividing it by its total revenue.
Multiple at last round
6.04x revenue
Today's multiple
3.69x revenue
Change
-38.90%
Companies
Industry – FinTech
Last updated 5 mins ago.
| Remove | Name | Ticker | Price multiple |
|---|---|---|---|
| Synapse | 3.69x | ||
| Robinhood Markets Inc | HOOD | 4.84x | |
| Block Inc | SQ | 2.77x | |
| JPMorgan Chase & Co | JPM | 2.74x | |
| Bank of America Corp | BAC | 2.98x | |
| Visa Inc Class A | V | 15.50x |
| Date | Round | Amount raised | Price per share (Preferred) | Valuation |
|---|---|---|---|---|
| Jun 2019 | Series B | $32.65MM | $13.04 | $255.99MM |
| Sep 2018 | Series A | $17.1MM | $4.48 | $80.82MM |
| Mar 2015 | Series Seed | $1.81MM | $0.73 | $13.09MM |
With a revenue of $14M and a Hype Multiple of 1.5x,
Synapse is estimated to be worth $78M.