Synthesized
Category: AI Developer Tools
AI-powered data automation platform for creating and sharing production-like test and training data. Synthesized was founded in 2018. The company is led by Nicolai Baldin. Based in London, England. Team size: 51-200. Total funding raised: $30.5M. Latest round: Series A. Key investors include Redalpine, IQ Capital, Mercia Ventures, UBS, Seedcamp, Deutsche Bank.
- Founded
- 2018
- Headquarters
- London, England
- Team size
- 51-200
- Total funding
- $30.5M
Value proposition
Enables faster and more reliable software releases by providing high-quality, privacy-preserving synthetic data, thus solving the data bottleneck in development and testing.
Products and solutions
Data Automation Platform, Synthetic Data Generation, Data Provisioning, Test Data Automation
Unique value
Synthesized uses generative AI and machine learning to create high-quality, production-like synthetic data that is often better and more comprehensive than real production data for testing and training purposes.
Target customer
Engineering, QA, and Machine Learning teams in data-driven organizations.
Industries served
Financial Services, Healthcare, Technology, Insurance
Technology advantage
An API-driven platform that can generate and provision compliant, high-quality data in minutes, significantly accelerating development cycles and reducing time-to-market. Their technology allows for the creation of privacy-preserving data snapshots for use in cloud environments.
How they differentiate
Synthesized positions itself as an all-in-one data automation platform, focusing on generating high-quality, production-like synthetic data specifically for software testing and development environments. This allows for faster and more reliable software releases by addressing the data bottleneck in QA and development workflows.
Main competitors
Gretel, Hazy, Mindtech
Key partnerships
UBS, Deutsche Bank, Google Cloud
Notable customers
Deutsche Bank, A neo-bank in South America
Major milestones
Raised a $20 million Series A funding round., CEO and Founder, Nicolai Baldin, was named in Forbes 30 Under 30 - Europe - Technology (2021)., Successfully launched their all-in-one data automation platform.
Growth metrics
As a private company, Synthesized has not publicly disclosed specific growth metrics.
Market positioning
Synthesized is positioned as a DataOps platform for developers and data scientists, enabling them to create privacy-preserving synthetic data for software testing and machine learning model development. They focus on providing a comprehensive toolkit for data-driven organizations.
Geographic focus
Synthesized and its main competitors primarily focus on the North American and European markets, with headquarters and major operations in the US and UK.
Patents and IP
Information not publicly available.
About Nicolai Baldin
Founder and CEO of Synthesized with a PhD in Machine Learning from the University of Cambridge. Previously served as Vice President for Risk Modelling and Analytics at Sberbank.
Official website: https://www.synthesized.io