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Synthesized

Cybersecurity · London, United Kingdom · Founded 2020

AI-native test infrastructure for enterprise applications MoreLess

Synthesized provides an AI-powered test data infrastructure platform designed for enterprises to automate and accelerate software testing. Founded in 2017 by Nicolai Baldin and Denis Borovikov, the London-based company aims to resolve the bottlenecks in traditional Quality Assurance (QA) processes where obtaining realistic and compliant test data is a significant challenge. Founder and CEO Nicolai Baldin's background in machine learning and statistics, including collaborations with financial institutions and the NHS, highlighted the difficulty in accessing quality test data due to compliance barriers, which sparked the idea for the company.

The company operates on a B2B SaaS business model, primarily targeting development and QA teams in highly regulated industries such as finance, insurance, and healthcare. Its revenue is generated through software licenses based on data processing volumes and database sizes, employing a usage-based pricing structure. Strategic investors and clients include major financial institutions like Deutsche Bank and UBS, which use the platform to improve their software delivery cycles.

Synthesized has secured significant funding, including a $2.8 million seed round in March 2020 and a $20 million Series A round in September 2025. These funds are intended to fuel expansion into North America and Europe. The platform's core technology uses a high-dimensional machine learning engine to generate synthetic datasets that mimic the statistical properties and complex relationships of original production data without exposing sensitive information. This allows organizations to create privacy-compliant, realistic data for testing, development, and analytics. The platform integrates with a wide range of enterprise systems, including Snowflake, Oracle, SAP, and Salesforce, and can be deployed in cloud environments like Google Cloud. Key features include automated data masking, subsetting, and generation, which help companies accelerate release cycles, reduce costs, and ensure compliance with regulations like GDPR and HIPAA.

Keywords: AI-powered testing, synthetic data generation, enterprise software, test data automation, QA solutions, DevOps, data privacy, compliance, financial services technology, software testing, data provisioning, AI-native infrastructure, application testing, data masking, database generation, continuous testing, CI/CD integration, regulatory compliance, quality assurance automation, test data management.

Company overview

Synthesized company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2020
Headquarters
London, United Kingdom
Employees
55
Open positions
4
Dealroom signal
89.7
client focusb2btechnologyArtificial IntelligencetechnologyDeep TechtechnologyMachine Learningsub industryData protectionbusiness modelSaaSindustrySecuritysectorDeveloper ToolssectorPrivacy ProtectionsectorCore AIsectorNovel AIsectorGenerative AIsectorgenAI ApplicationssectorHard Tech

Valuation & funding

Synthesized funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Sep 2025 $19M $75M Deutsche Bank · IQ Capital · Mercia Ventures · Redalpine
SERIES AEquity / VC May 2025 $22M $88M Undisclosed
EARLY VCEquity / VC Feb 2024 $0 UBS
OtherOther financing Sep 2022 $0 Deutsche Bank
SERIES AEquity / VC Dec 2021 $4.4M $17M Undisclosed
SEEDEquity / VC Mar 2020 Pretiosum Ventures · Seedcamp · Mundi Ventures · IQ Capital
SUPPORT PROGRAMOther financing Sep 2019 Tech Nation
SEEDEquity / VC Apr 2019 Seedcamp
SEEDEquity / VC May 2018 Seedcamp
SUPPORT PROGRAMOther financing Jan 2018 Google for Startups Accelerator
Showing 10 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $3.3M 0% 57
2025 $3.3M 0% 44
2024 $3.3M 0% 40
2023 $3.3M +17.9% 34
2022 $2.8M +21.7% 29
2021 $2.3M +79.7% 28
2020 $1.3M 19
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Synthesized website traffic

Latest recorded traffic for Synthesized is 8.9K monthly website visits, down 36.4% over the last three months. Synthesized's team grew 25% over the past year.

Latest monthly visits8.9K 3-month web change-36.4% 1-year team growth+25%
Monthly website visits95 observations · Jun 2018–Jul 2026
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Comparisons

Synthesized compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Synthesized's talent

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Team profiled 21 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

15 investors on Synthesized's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 4 investors entered at this stage
Seedcamp
Mundi Ventures
IQ Capital
Pretiosum Ventures
Series A 4 investors entered at this stage
UBS
Redalpine
Deutsche Bank
Mercia Ventures
Other known 7 additional known investors
Google for Startups Accelerator
Tech Nation
Expeditions Fund
Founders Factory
IA Seed Ventures
Leonid Igolnik
Mercia Asset Management

Global footprint

Where Synthesized has talent and traffic

Workforce by country
9 countries with
team presence
🇬🇧 United Kingdom59.5%
🇺🇸 United States16.7%
🇪🇸 Spain4.8%
🇷🇸 Serbia4.8%
🇨🇭 Switzerland2.4%
Top 5 of 9 shown

In the news

Latest news about Synthesized

Recent press, funding announcements, and product moves mentioning Synthesized — open to read from the original sources.

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Market sentiment

What the market is saying about Synthesized

An AI-synthesized read of the highest-engagement posts about Synthesized on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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