Tech Company Financing Transactions

Synthetic Funding Round

Synthetic, based in San Francisco, secured $10 million from Khosla Ventures, Basis Set Ventures and private investors.

Transaction Overview

Company Name
Announced On
5/14/2026
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors

Khosla Ventures (Lead Investor)

Basis Set Ventures

private investors (Cosmin Nicolaescu)

private investors (Kaz Nejatian)

private investors (Michael Tannenbaum)

private investors (Tobi Lütke)

private investors (Zach Abrams)

Proceeds Purpose
The company intends to use the funds to advance its product prototype, expand its in-person engineering team in San Francisco, and further refine its AI quality control systems to ensure higher reliability than human-staffed services.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
965 Folsom Street 301
San Francisco, CA 94107
USA
Phone
Undisclosed
Email Address
Overview
Our aspiration is to make starting a business as easy as starting a repo. Building a product got 10x easier with AI. The business side is now the bottleneck. AI coding tools have changed everything. A weekend hack can become a real product by Monday morning. But then Monday actually arrives, and that product idea gets abandoned because turning it into a real business requires a mountain of busywork.
Profile
Synthetic LinkedIn Company Profile
Social Media
Synthetic Company Twitter Account
Company News
Synthetic News
Facebook
Synthetic on Facebook
YouTube
Synthetic on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ian Crosby
  Ian Crosby LinkedIn Profile  Ian Crosby Twitter Account  Ian Crosby News  Ian Crosby on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/14/2026: Envoke venture capital transaction
Next: 5/14/2026: Optura venture capital transaction

 

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Our team works diligently to document every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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