SynMax Raises $13 Million in Funding

by Kay Aloha Villamor in January 9th, 2024

SynMax, a Houston, Texas-based data intelligence company specializing in maritime and energy intelligence, raised $13 million at a $50 million pre-money valuation.   

SaaS Investors  

The round was led by energy trader Bill Perkins and included participation from Alex Moore, co-founder of Palantir.   

SynMax Use of Funds  

The company plans to use the funding to further develop its innovative products, including Theia (maritime intelligence), Hyperion (oil and gas intelligence), Vulcan (coal inventory tracking), and Leviaton (LNG maritime intelligence).  

About SynMax  

Based in Houston, Texas, with offices in London and New York, SynMax is a data intelligence company specializing in maritime and energy intelligence. By integrating advanced satellite imagery and AI, SynMax delivers unparalleled insights into maritime operations, oil and gas development, coal inventory, and LNG flows, enabling businesses and organizations to make data-driven decisions with precision and confidence.  

Funding Details        

Company: SynMax  

Raised: $13.0M  

Round: Unknown    

Funding Month: January 2024                    

Lead Investors: Bill Perkins  

Additional Investors: Alex Moore  

Company Website: https://www.synmax.com/   

Software Category: Geospatial Intelligence and Analytics  

Source: https://www.businesswire.com/news/home/20240108300341/en/ 


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