4 years ago

Synalogik Secures £3M Series A Funding to Scale Data Automation Platform

  • Synalogik, a London-based provider of a data automation platform, has raised £3 million in Series A funding led by Bill Currie, founder of retail, ecommerce and tech investment fund, the William Currie Group, and Sir Terry Leahy, former CEO of Tesco

  • The company plans to use the funds to scale its Scout solution across different markets and territories and expedite the launch of additional solutions

  • Synalogik's Scout platform enables organizations to automate data aggregation from multiple disparate sources, identify risk and report findings in seconds

  • The company provides SaaS platforms and consultancy services to clients in law enforcement, banking, gambling, insurance, and legal sectors

  • Synalogik will also invest in its people, research and development, with plans to double the size of its engineering team and enhance its dedicated customer support department over the coming months.

      • ProblemFinancial Services

      "making sense of multiple, disparate data sources to identify risk and detect fraud"

      Solution

      "providing a data automation platform, Scout, that aggregates data, identifies risk, and creates reports in seconds to aid regulatory compliance, anti-money laundering, and fraud investigation"

      Covered on