Synqly
Synqly is a technology company.
Financial History
Synqly has raised $4.0M across 1 funding round.
Frequently Asked Questions
How much funding has Synqly raised?
Synqly has raised $4.0M in total across 1 funding round.
Synqly is a technology company.
Synqly has raised $4.0M across 1 funding round.
Synqly has raised $4.0M in total across 1 funding round.
# Synqly: The Connected Platform for Security Integration
Synqly is an Integration-as-a-Service platform built specifically for the security, IT, and AI sectors.[1][3] The company solves a critical operational challenge: the average security team manages 76 security products, yet integrating these tools requires substantial engineering resources and time.[1] Synqly enables security vendors and enterprises to connect multiple security and infrastructure products through a single unified API and Model Context Protocol (MCP), dramatically reducing development cycles and maintenance burden.[1][4] Rather than building brittle integrations in-house or outsourcing to third parties, organizations can now leverage Synqly's platform to ship customer-ready integrations in days instead of months.[4]
The company serves two primary audiences: security vendors seeking to offer integrations without draining engineering resources, and enterprise security teams needing to orchestrate complex technology stacks.[1][3] By removing integration barriers, Synqly unlocks the full potential of the broader cybersecurity ecosystem while allowing product teams to focus on core innovation rather than integration maintenance.
Synqly was founded in 2023 by Joel Bauman and Steve Erickson, two industry veterans with combined 50 years of cybersecurity experience.[1][3] Joel spent his career building partnerships and alliances at McAfee, Cylance, and Illumio, while Steve led product and integration development at Strya, Illumio, Pulse Secure, and Juniper Networks.[3] The founders' insight came directly from lived experience: they had collectively completed hundreds of partnerships and developed integrations across market-leading companies, witnessing firsthand the constant friction between enterprise security teams' integration demands and vendors' need to focus on their core products.[1]
The company emerged from stealth in October 2023 with $4 million in seed funding from SYN Ventures, Okta Ventures, and Secure Octane.[1] This early validation reflected investor confidence in the problem's urgency and the founders' credibility to solve it. Synqly is headquartered in San Jose, California, with a distributed team spanning the U.S. and Sweden.[3]
Synqly operates at the intersection of two powerful trends: the explosion of point solutions in security and the rise of AI-driven automation requiring normalized data access.[1][4] As enterprises adopt more specialized security tools to address specific threats, the integration burden grows exponentially—creating what Synqly calls "integration debt."[4]
The timing is particularly acute because AI agents and automated security workflows now require unified access to data across multiple systems.[4] Synqly's MCP enables AI systems to call multiple security products, normalize responses, and trigger coordinated actions—a capability that becomes increasingly valuable as enterprises adopt AI-native security operations.
By standardizing how security products connect, Synqly strengthens the entire ecosystem. Vendors can focus on differentiation rather than integration plumbing, while enterprises can adopt best-of-breed tools without architectural constraints. This positions Synqly as infrastructure for the modern security stack—similar to how Okta (an investor) became infrastructure for identity management.[1]
Synqly has identified a genuine pain point with clear market validation: security teams are drowning in integration complexity, and vendors lack resources to keep pace with integration requests.[1] The founders' deep credibility and early investor backing from security-focused VCs suggest the market recognizes the opportunity.
The company's evolution will likely follow two paths: expanding the breadth of connected providers (building network effects) and deepening AI integration capabilities as enterprises increasingly rely on automated security workflows.[4] As security teams continue to adopt more tools and AI-driven operations become standard, the value of a unified integration layer will only increase.
The broader implication is significant: Synqly is helping transform security from a collection of disconnected point solutions into a genuinely integrated ecosystem. In doing so, it removes a major friction point that has historically slowed security innovation and forced enterprises into suboptimal technology choices.
Synqly has raised $4.0M in total across 1 funding round.
Synqly's investors include Asymmetric Capital Partners, Karim Faris, Okta Ventures, Point Judith Capital, Sandwith Ventures, Scale Asia Ventures, Underdog Labs, George Kurtz, Howard Love.
Synqly has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in October 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2023 | $4.0M Seed | Asymmetric Capital Partners, Karim Faris, Okta Ventures, Point Judith Capital, Sandwith Ventures, Scale Asia Ventures, Underdog Labs, George Kurtz, Howard Love |