Founded in London in 2017 by Nicolai Baldin, Nica Montford and Alexander Kuhnle, Synthesised (synthesized.io) uses AI-generated synthetic data and privacy-preserving techniques to automate software and data testing for enterprises in finance, healthcare and insurance, letting teams test and build with realistic data without exposing sensitive customer records. Its platform is used by regulated organisations including Deutsche Bank and UBS to accelerate QA and reduce compliance risk.
Synthesised has raised a $20M Series A led by Redalpine Venture Partners, with participation from IQ Capital, Mercia Ventures, UBS, Seedcamp and Deutsche Bank, taking total funding to over $30M.
