/Companies

SYNAPSEMX, INC

500 Global

Atlanta, US · Founded 2015 · 9 employees on LinkedIn · 1 known investors

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Synapse MX provides work collaboration and monitoring tools that enable teams to execute projects and track progress in real-time. The company serves businesses seeking to improve team performance, employee satisfaction, and operational profitability.

Founders & leadership

SYNAPSEMX, INC was founded in 2015 by Malcolm Burton and Shane Ballman.

MB
Malcolm Burton
SBShane Ballman
Shane BallmanCo-founder · CEOShane Ballman previously led the Maintenance Technology group at AirTran Airways, where he implemented technology and automation initiatives, and participated in the integration of AirTran into Southwest following its acquisition. He is now Chief Executive Officer of Synapse MX, which develops collaboration and monitoring software for maintenance teams.

Investors · 1

500 Globallisted by 500 GlobalPalo Alto · $150K

How we know: open dataset · 500 Global portfolio 2026-08 · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$100K disclosed across 1 round · 2017

▶$100KraisedJun 2017 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Shane BallmanExecutive Officer, Director
Offering amount
$100K
Amount sold
$100K
Minimum investment
$50K
Proceeds to insiders
$15K
First sale
May 2017
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase I2020$47.3K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does SYNAPSEMX, INC do?
Synapse MX provides work collaboration and monitoring tools that enable teams to execute projects and track progress in real-time. The company serves businesses seeking to improve team performance, employee satisfaction, and operational profitability.
Who founded SYNAPSEMX, INC?
SYNAPSEMX, INC was founded by Malcolm Burton, Shane Ballman in 2015.
Who are SYNAPSEMX, INC's investors?
SYNAPSEMX, INC's investors include 500 Global.
How much funding has SYNAPSEMX, INC raised?
SYNAPSEMX, INC has disclosed $100K raised across 1 round.
Where is SYNAPSEMX, INC headquartered?
SYNAPSEMX, INC is headquartered in Atlanta, US.