Crosspoint Capital Leads SynthBee's $100M Growth Round
Fort Lauderdale-based SynthBee, founded by Rony Abovitz of MAKO Surgical and Magic Leap, will use the capital to expand into new markets and invest in talent.
SynthBee, Inc., the Fort Lauderdale, Florida-based developer of a proprietary Collaborative Intelligence platform, has completed a $100 million growth capital round led by Crosspoint Capital Partners. The investment firm, which specializes in cybersecurity, privacy, infrastructure, and AI software markets, is backing SynthBee's mission to help enterprises accelerate innovation and solve complex engineering and design challenges.
The company was founded by Rony Abovitz, the entrepreneur behind MAKO Surgical and Magic Leap. SynthBee is dedicated to building safe, scalable, and reliable computing intelligence systems. Its stated mission is to amplify human innovation and help enterprises solve complex scientific, design, and compliance challenges with high reliability and auditability.
SynthBee said it will use the capital to accelerate development of its Collaborative Intelligence technology platform, expand into new markets, and continue investing in talent to support growth across various vertical industries. The round is structured as growth capital, signaling investor confidence in the company's push to scale its platform beyond its current footprint.
For Crosspoint Capital, the deal fits squarely within its stated focus on cybersecurity, privacy, infrastructure, and AI software markets. The firm's backing gives SynthBee a notable growth-stage partner as it looks to scale its proprietary technology and reach new customers.
About the Company
Raises $100M in growth capital led by Crosspoint Capital to scale its Collaborative Intelligence AI platform for enterprise innovation.