Syntho is a data technology organization headquartered in Amsterdam, Netherlands, founded in 2020, specializing in AI-generated synthetic data with a focus on tabular data. The company's slogan "Synthetic Data, Real Impact" encapsulates its goal to solve the global privacy dilemma and enable the open data economy. At Syntho, the focus is on offering privacy-preserving synthetic data to unlock data and eliminate legitimate privacy concerns. Using an AI-generated synthetic data platform, the company addresses data and privacy challenges related to working with real data. The platform creates synthetic data twins of real (sensitive) data, mimicking the original data, and applies AI to model the synthetic data to preserve statistical patterns, relationships, and characteristics of the original dataset. This synthetic data is statistically identical to the original data and carries no privacy risk as it is artificially generated. The solution is emphasized to be easy, fast, and scalable. Syntho's solution is beneficial for organizations working with privacy-sensitive data. It provides a means for these organizations to gain digital trust, unlock data and insights, drive industry collaborations, and realize speed and agility. The company's most recent investment was a Seed Round investment on May 26, 2021, with TIIN Capital being the investor. Syntho has also received recognition, being the winner of the Philips Innovation Award, triumphing in Unesco’s Challenge at VivaTech, and being listed as a Generative AI startup "to watch" by NVIDIA.
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