Forgot your password?

Belarusians in Y Combinator: how it “threatens” Synder

Tuesday, August 31, 2021

The belarusian startup Synder has been selected for the well-known international accelerator Y Combinator. 

Startup Jedi

We talk to startups and investors, you get the value.

At the end of June, we told you about a round of the Belarusian project Synder. The lead investor then was the TMT Investments fund, and in total the startup raised $2M. There is news!

The belarusian company has been selected for the well-known international accelerator Y Combinator. How does this threaten Synder? First of all, access to the radars of the largest investors: at the end of the three-month acceleration, a large demo day takes place. During the event, more than half a thousand investors view project presentations and decide on financing.

Yes, Y Combinator provides unique expertise during all work with startups inside the incubator, investing $125 000 in each for 7% of the company. But the demo day is the next step that can give Synder the opportunity to grow exponentially.

Recall that the project is developing a SaaS solution for automating accounting and business processes in the e-commerce field. In early June, Bulba Ventures and Civitta named Synder one of the most promising startups within the venture capital ecosystem of Belarus.

31 Aug 2021


Stay tuned and don’t forget to follow us:





More From Startup Jedi

In-house lawyer or outsourced? When is it possible not to pay "Google tax"? Why should you be well prepared for Due Diligence? Find out!
With this article, we’re starting the #News section and from this point, we will be preparing reviews of the most important news
Startup is gaining twice as many upvotes as the nearest competitor.