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# Valor Equity Partners leads Synaptic's $20 million Series B in funding
- URL: https://www.techloy.com/valor-equity-partners-leads-synaptics-20-million-series-b-funding/
- Published: 2022-05-31T11:33:48.000Z
- Updated: 2022-12-08T01:06:08.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Big Data & Analytics, Tech in India

[Synaptic,](https://synaptic.com/) an alternative data insight-generating firm based in India has raised $20 million in its Series B funding round led by Valor Equity Partners. 

- The funds will be used for its product innovations, to improve data science capabilities, develop partnerships with data vendors, and enter into go-to markets in main global financial hubs.
- Synaptic integrates technology, machine learning, and finance to give comprehensive insights to investors using alternative data.
- The firm last raised $6 million in seed and Series A funding from Ribbit Capital, Felicis Ventures, and Vy Capital Management.