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Synota
Synota provides an energy-settlement and payments platform for commercial and industrial energy contracts. It automates invoicing, reconciliation, contract enforcement, and payment workflows for energy suppliers, brokers, and large energy consumers.
Worthington, USA
Description
Synota is an energy payments company offering a platform for daily or scheduled settlement of commercial and industrial energy contracts. Its platform calculates invoices from usage, pricing, and contract data; automates payments and accounts-receivable tracking; and provides auditable reporting and reconciliation workflows. Synota supports payment rails including ACH and Bitcoin Lightning Network, while operating as a non-custodial solution. Its customers include energy suppliers, brokers, data-center operators, and large energy consumers across markets such as ERCOT, PJM, and NYISO.Grant Funding
VC Funding
None
2022
$0
$6M