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Synder

YC S21

San Francisco, US · Founded 2019 · 83 employees on LinkedIn · 4 known investors

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Synder provides automated accounting and bookkeeping software that integrates with payment platforms and e-commerce tools to simplify financial management for small businesses and e-commerce sellers. The platform automates transaction categorization, reconciliation, and revenue recognition for various accounting systems.

Also known as CloudBusiness, Inc.

E-commerceEnterprise SoftwareFintechSaaSUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S21)

Synder was founded in 2019 by Michael Astreiko.

MAMichael Astreiko
Michael AstreikoFounderMichael Astreiko has spent seven years working in eCommerce and FinTech, focusing on solutions for online sales, accounting, bookkeeping, and business automation that serve thousands of businesses globally.
TB
Tatsiana BortnitskayaHR
TS
Tatyana SilkinaRecruiter
IK
Ilya Kisel

Investors · 4

BORN CAPITAL CFOTECHlisted by BORN CAPITAL CFOTECHAtlanta

How we know: Y Combinator's founder network · Not right? Tell us

Smart Partnership Capitallisted by Smart Partnership CapitalWilmington · $100K – $1M

How we know: funding news · Y Combinator's founder network · Not right? Tell us

TMT Investmentsreportedvia Igor Shoifot · inferred

How we know: funding news · techcrunch.com · open dataset · 5k.vc investor directory · Y Combinator's founder network · Not right? Tell us

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 10

IntuitIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
Luca IQLuca IQ is a tax preparation platform for accounting firms and CPAs that handles the workflow from client intake and document collection through preparation, review, e-signature, delivery, and IRS e-filing. It structures source documents and provides an audit trail so every field traces back to its source, offered via a single API.
Rima AI (formerly Garage)Rima is an AI agent platform for financial reconciliation tasks including bank statements, accounts payable, payroll, intercompany balances, and credit card transactions. It serves accounting teams at CPA firms and corporate finance departments.
Fresh BooksFreshBooks is a cloud-based accounting and invoicing platform designed for small service-based businesses. The software helps business owners manage invoicing, accounting, and financial connections with customers.
BluebookBluebook provides AI agents that handle research, reconciliations, and month-end closing work for accounting firms, enabling each professional to manage a significantly larger client base and freeing time for strategic advisory work.
CorporatefinanceinstituteCorporate Finance Institute offers an online specialization program teaching finance professionals how to integrate environmental, social, and governance (ESG) factors into financial analysis, valuation, and investment decision-making. The program covers ESG frameworks, sustainability integration, greenhouse gas accounting, and climate risk management across eight core courses.
ModernbancModernbanc provides accounting software that helps businesses manage their finances through an accessible and configurable platform.
WiseWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
BenchBench provides catch-up bookkeeping and tax resolution services for small business owners who have fallen behind on their books and back taxes. It prepares tax-ready financials and works with a network of tax resolution partners to help clients settle tax debt and negotiate with the IRS.
Bill.com Holdings, Inc.BILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.

Companies working in the same space as Synder.

Legal entities · 1

corporate structure
CloudBusiness, Inc.

In the news

Accounting platform Synder raises $2M to automate e-commerce bookkeeping – TechCrunchtechcrunch.com · Aug 2021

Frequently asked questions

What does Synder do?
Synder provides automated accounting and bookkeeping software that integrates with payment platforms and e-commerce tools to simplify financial management for small businesses and e-commerce sellers. The platform automates transaction categorization, reconciliation, and revenue recognition for various accounting systems.
Who founded Synder?
Synder was founded by Michael Astreiko in 2019.
Who are Synder's investors?
Synder's investors include Y Combinator, BORN CAPITAL CFOTECH, Smart Partnership Capital, TMT Investments.
Where is Synder headquartered?
Synder is headquartered in San Francisco, US.