Synereo

Synereo

Synereo is a Tel Aviv based company, developing blockchain-enabled Attention Economy solutions, that allow direct monetization of original content.

History

Synereo was founded by Dor Konforty, Anderson McCutcheon, Yuval Adam and Lucious Greg Meredith in 2014.

Funding

The company raised over $5,000,000 in two crowd-funding campaigns; the first campaign was launched in March 2015 and raised $120,000, while the second campaign, launched in October 2016, raised $4.700,000 .

Product

In September 2016, Synereo entered a partnership with the Silicon Valley startup accelerator NFX, to build the decentralized internet over Synereo’s blockchain. Synereo later on redefined its focus turning towards creating tools for the Attention Economy as part of the company’s core philosophy.

In April, 2016, Synereo launched the Alpha phase of its Attention Economy app, Qrator. With the launch of the Beta, Synereo renamed the product to WildSpark.

Close

Synereo renamed themselves to HyperSpace in 2016 with the launch of their WildSpark product and worked on their content publishing and distribution platform.

In 2019, Synereo announced they were closing after five years. In the post about their close, which replaced their website, Synereo cited increasing regulation and unfinished technology, with tight budgets and what they felt was increased resistance from banks, regulators and strategic content partners.

Timeline

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Synereo funding round, October 2016
Crowdfunding
4,700,000
October 26, 2016
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People

Name
Role
LinkedIn

Anderson Mccutcheon

Co-Founder

Dor Konforty

Founder and CEO

Further reading

Title
Author
Link
Type
Date

https://github.com/synereo/synereo.github.io/raw/master/whitepapers/synereo.pdf

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

References

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