Synop
Synop provides an AI-powered, vendor-agnostic software platform that integrates charging, vehicle, energy, and payment management for commercial EV fleets, serving operators, auto OEMs, infrastructure providers, and utilities.
- Company typePrivate
- Founded2022
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Synop does
Synop, Inc. is a Brooklyn, New York-based software company founded in 2021 that provides an AI-powered EV fleet charging and energy management platform for commercial electric vehicle fleets. The platform integrates vehicles, chargers, and the electrical grid through vendor-agnostic interoperability, and is composed of four core modules — Energy Management (AI-driven load optimization, time-of-use management, demand response, and vehicle-to-grid event coordination), Charge Management (remote charger controls, scheduling, alerts), Vehicle Management (telematics-driven state of charge and efficiency data), and Payment Management (billing, driver reimbursement, transaction reporting) — plus add-on modules including SynopLink (a cellular IoT edge controller for onsite distributed energy resources), a Fleet Driver Mobile App, and an EV Fleet Home Charging Reimbursement tool. Synop supports open protocols (OCPP 2.0.1, OSCP, OpenADR, ISO 15118) across more than 100 charging station make/models and integrates with telematics providers such as Geotab and payment providers such as Stripe.
The company's customer base spans commercial EV fleet operators (school buses, drayage, last-mile delivery, ride-hailing, municipal), auto OEMs (Daimler Truck, Traton, Thomas Built Buses, BorgWarner), infrastructure providers (Prologis, EV Realty, SparkCharge), and utilities (Dominion Energy, Duke Energy, DTE, MN8 Energy), with named deployments including Highland Electric Fleets' electric school bus V2G program, SparkCharge's autonomous-vehicle charging depots, and Prologis's constrained-grid fleet customers. Scale metrics disclosed by the company include 800+ commercial depots live on the platform, more than 500 MWh under management, 115+ MWh discharged through V2G events, 10+ utility partners, 99.99% average uptime across depots, and more than 2 million miles driven by EVs under management.
Synop generates revenue primarily through enterprise SaaS platform subscriptions, white-label and OEM licensing (including Mitra EV and integration into ZF Group's SCALAR platform), and payment processing and transaction fees; pricing is not publicly disclosed and is negotiated on a demo-led enterprise basis. The company distributes direct to fleet operators and through channel partners, and has accumulated enterprise procurement prerequisites (SOC 2 Type 2, GDPR, PCI DSS, ISO 27001) alongside protocol-level certifications. Synop has raised approximately $10 million in venture funding, led by Obvious Ventures, and is led by co-founder and CEO Gagan Dhillon with co-founder Andrew Blejde.
Synop firmographics
Firmographics- Name
- Synop
- Legal name
- Synop, Inc.
- Website
- https://synop.ai
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Synop provides an AI-powered, vendor-agnostic software platform that integrates charging, vehicle, energy, and payment management for commercial EV fleets, serving operators, auto OEMs, infrastructure providers, and utilities.
- Ownership category
- akta.pro rank
Synop industry classification
Industry- Product category
- EV Fleet Charging & Energy Management Software
- NAICS
- Custom Computer Programming Services (541511), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)
- akta.pro primary industry
- EV Fleet Charging & V2G Energy Management Platforms (EUAFAKAJ)
- akta.pro secondary industries
- Managed EV Charging Software (Residential, Fleet, Workplace) (EUAFAMAA), V2G/V2H/V2B Enablement Platforms (Control, Optimization, Dispatch) (EUAFAMAB), Interoperability, Protocols & Standards (OCPP, ISO 15118, OCPI, OpenADR) (EUAFAMAH), Vehicle OEM & Tier-1 V2G Enablement (Telematics, Vehicle Energy APIs) (EUAFAMAM), EV Charging & Fleet VPP Aggregation (Managed Charging, V2G, Depot/Highway) (EUAFAHAC)
Keywords
Where Synop is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Synop business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Platform Subscription (Charging & Energy Management): Synop provides an enterprise software-as-a-service platform for commercial EV fleet charging management, vehicle management, energy management, and payment management. Revenue is generated through platform subscriptions, likely tiered by fleet size or number of managed assets (vehicles, chargers, depots). The platform enables cost savings through optimized charging times and revenue generation through V2G participation programs.
- White-Label / OEM Licensing: Synop licenses its software platform to auto OEMs who bundle or white-label it with vehicle sales and incorporate it into their existing platforms, generating recurring licensing fees from OEM customers.
- Payment Processing / Transaction Fees: The payment management module facilitates billing, payments, and reimbursements for fleets. Synop monetizes depots and hubs, supports driver reimbursement, and processes transactions through integrations with Stripe and other payment rails.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Synop product offering
Product offeringCore offering
Synop sells an AI-powered, vendor-agnostic software platform that lets commercial EV fleet operators manage charging, vehicles, energy, and payments from a single system. The platform integrates with over 100 charging station models and 10+ utilities via open protocols, optimizes charging against time-of-use rates, and coordinates vehicle-to-grid (V2G) events to generate revenue. Add-on modules include the SynopLink edge controller for onsite distributed energy resources, a driver mobile app, home charging reimbursement, and white-label versions for auto OEMs.
Product overview
Synop is an all-in-one EV fleet charging and energy management software platform that provides a unified system for commercial electric vehicle fleets. The core platform consists of integrated modules: Energy Management (AI-driven load optimization and V2G), Charge Management (remote charger controls and scheduling), Vehicle Management (real-time telematics), Payment Management (billing and reimbursements), and Utility Management (grid connectivity). Add-on modules include SynopLink (edge controller for DER management), Take Home Reimbursement (employee charging reimbursement), Fleet Driver Mobile App (driver-facing charger discovery and payment), and Works with Synop (hardware interoperability program). The platform supports white labeling for auto OEMs and is vendor-agnostic, integrating with over 100 charging station models and leading telematics providers like Geotab.
Differentiator
Problem solved
Functional benefit
Brands
- Mitra EV: White-labeled EV fleet and charging management software published under partner brands
- SynopLink
- Works with Synop
- Synop Marketplace
Products and services
- Energy Management AI-driven energy management software for commercial EV fleets that automates load and time-of-use management, curtailment, demand response alerts, and V2G events to reduce energy costs and generate revenue from grid services.
- Charge Management Charging management software that provides remote charger controls across all depots, customizable real-time alerts, optimized charging schedules, and session monitoring to maximize uptime and energy efficiency.
- Vehicle Management Vehicle management software providing real-time state of charge, alerts, and efficiency data through telematics integrations, designed to eliminate range anxiety and boost fleet performance across light-, medium-, and heavy-duty EV classes.
- Payment Management Payment and billing management software that monetizes depots and hubs, reimburses drivers, and accurately reports transactions, with integrations to Stripe and other payment rails.
- SynopLink IoT edge device for distributed energy resource management that connects onsite generators, batteries, and solar arrays to the cloud, maintaining operational resilience during outages and preventing microgrid shutdowns through automated fault recovery.
- Take Home Reimbursement Fleet reimbursement tool for EV charging at employees' homes that works with any EV, charger, or telematics device in the U.S. or Europe, supporting IRS-compliant forms, bulk uploads, and accounting software integrations.
- Fleet Driver Mobile App Mobile application for fleet drivers to discover chargers, check availability, reserve chargers, manage charging sessions, receive push notifications, and make instant payments, including in-app RFID cards, QR code checkout, and managed access charging.
- Works with Synop Certification Program Hardware-software compatibility certification program that verifies interoperability with over 100 unique EV charging station make/models, enabling fleets to confidently deploy and manage heterogeneous charging infrastructure.
- White-Label OEM Software White-labeled EV fleet and charging management software that auto OEMs can bundle with vehicle sales or incorporate into existing OEM platforms, enabling them to offer fleet customers a complete charging and energy management solution without building in-house software.
Quantifiable outcome
- 30% energy cost reduction for a last-mile delivery fleet through smart charging automation based on real-time energy prices
- +4 more outcomes
Companies that use Synop
Customer profileNamed customers16 records
Segments4 records
Ideal customer profiles4 records
Synop technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability3 records
Feature7 records
Synop partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered flagship, core and minor.
- ZF Group (SCALAR platform)flagshipSynop integrated its software into ZF Group's cloud platform SCALAR, enabling over 350,000 ZF customers to manage EV fleet vehicle operations from a single dashboard. This partnership won the Global Innovation Award at EXPO2024 of STARTUP AUTOBAHN powered by Plug and Play.
- OptiGridcoreOptiGrid partnered with Synop to deliver an integrated fleet charging and energy management platform, combining both companies' capabilities for fleet operators.
- Bus2GridflagshipSynop was selected as the charging management solution for Bus2Grid's Renew America's Schools Grant, integrating electric school buses with onsite solar and battery storage to optimize efficiency and financial savings for 14 Illinois school districts. Funded by a $15 million DOE Renew America Schools Grant.
- GeotabcoreSynop became the first EV charging and energy management company to achieve Standard Partner Tier status on the Geotab Marketplace, enabling deep integrations of Synop's software with Geotab's robust telematics data infrastructure for fleet management customers.
- NACFE (North American Council for Freight Efficiency)coreSynop is a sponsor of NACFE, which works with fleets, manufacturers, and technology providers to improve freight efficiency. Synop's CCO Mark Braby participates in NACFE's Run on Less Electric DEPOT webinar series as a panelist on charging management topics.
- CALSTARTcoreSynop is a member and sponsor of CALSTART, a nonprofit accelerating clean transportation since the 1990s through innovative programs, technology validation, and policy advocacy for open standards and interoperability.
- Alliance for Transportation Electrification (ATE)minorSynop joined ATE, a nonprofit bringing together transportation and energy stakeholders to accelerate EV deployment, aligned on open standards and interoperability between utilities and charging assets.
- Open Charge Alliance (OCA)coreSynop is a supporter of the Open Charge Alliance, committed to promoting open standards including OCPP and OSCP, enabling interoperability and making it easier for fleets to deploy and manage EV charging infrastructure.
- OpenADR AlliancecoreSynop supports OpenADR (automated demand response) standards that enable EVs to participate in demand response programs, providing benefits to fleet operators and the grid.
- Vehicle-Grid Integration Council (VGIC)minorSynop is a member of VGIC, a collaborative initiative uniting transportation and energy experts to establish standards for EV-grid integration, essential for optimizing V2G technology and grid stability.
- BorgWarnerflagshipSynop partnered with BorgWarner to accelerate V2G technology for EV fleets. The partnership provides fully-integrated hardware and software solutions, establishes V2G testing and compatibility best practices, and enables monetization of V2G for fleet operators. Fleets in utility programs jointly run by the companies generated up to $12,000 per vehicle in grid service revenue during summer peak demand periods.
- CNBC (Clean Start)minorSynop was profiled on CNBC's Clean Start segment, hosted by Diana Olick on Power Lunch, covering the company's V2G technology and its ability to supplement the electrical grid with solar energy during high consumption periods.
- Highland Electric FleetsflagshipHighland Electric Fleets served as deployment manager for the first U.S. commercial V2G program for electric school buses, in partnership with Synop, BorgWarner, Proterra, and Thomas Built Buses. Synop provided the charging and energy management software platform enabling bidirectional grid services from school bus batteries.
- Thomas Built BusescoreThomas Built Buses (Daimler Truck subsidiary) provided the electric school bus OEM for the landmark V2G commercial program. Synop's software integrates with Thomas Built Buses vehicles and the company recognizes Synop as providing exceptional hardware-software alignment and interoperability for school bus electrification.
- ProterracoreProterra (battery and drivetrain technology provider) partnered with Synop in the first U.S. commercial V2G program for electric school buses, providing battery and drivetrain technologies for the program vehicles.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
Synop competitors and assessment
Company assessmentDirect peers
- Geotab: Largest commercial telematics platform, now expanding into EV charging management via its Marketplace where Synop itself is a Standard Partner. Geotab and Synop overlap directly on fleet telematics-driven EV charging optimization for commercial fleets across all vehicle classes.
- Samsara: Public fleet management and IoT platform with growing EV/energy management capabilities. Competes with Synop for enterprise commercial fleet software budgets and increasingly bundles charging and energy modules adjacent to telematics.
- Nuvve: Pure-play V2G platform operating commercial vehicle-to-grid programs, particularly school bus fleets. Direct competitor in the V2G aggregation and grid-services revenue layer that Synop also targets with Highland Electric Fleets.
- Fermata Energy: V2G specialist offering bidirectional charging software and integration for commercial fleets. Closely comparable to Synop's V2G enablement offering and competing for similar utility-program and school-bus deployments.
Emerging players
- WeaveGrid: EV-grid integration software for utilities and EV drivers, focused on managed charging and load forecasting. Overlaps with Synop's utility-side energy management and TOU-optimization capabilities.
- ev.energy: Smart EV charging platform originally focused on residential and now expanding into fleets and utilities. Comparable managed-charging software with similar AI-optimization and utility-API integration thesis.
- Fleetio: Fleet maintenance and operations management platform adding EV-specific workflows. Adjacent competitor for fleet-software budget at commercial fleet customers where Synop's charge/energy modules overlap with Fleetio's operational scope.
- GridPoint: Energy management platform for commercial buildings and fleets with EV charging optimization and DER aggregation features. Overlaps with Synop's SynopLink and utility-side energy-management positioning.
- WattTime: Emissions and grid-flexibility data/analytics provider used by EV charging platforms for smart-charge optimization. Adjacent technology provider often integrated into platforms like Synop's to power emissions-aware charging decisions.
Broad incumbents
- ChargePoint: Largest independent EV charging network operator with its own software/management platform. Competes with Synop on depot charging management, though ChargePoint's software is tied to its own hardware whereas Synop is vendor-agnostic.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Synop social profiles
Digital presenceSynop compliance and trust
Trust signalCompliance7 records
Synop financial estimates
Financial estimateRevenue estimate
Valuation estimate
Synop leadership team
Management profileNumber of profiles
Profiles6 records
Synop funding detail
Funding detailFunding overview
Funding rounds2 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Synop M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Synop
What does Synop do?
Synop sells an AI-powered, vendor-agnostic software platform that lets commercial EV fleet operators manage charging, vehicles, energy, and payments from a single system. The platform integrates with over 100 charging station models and 10+ utilities via open protocols, optimizes charging against time-of-use rates, and coordinates vehicle-to-grid (V2G) events to generate revenue. Add-on modules include the SynopLink edge controller for onsite distributed energy resources, a driver mobile app, home charging reimbursement, and white-label versions for auto OEMs.
Is Synop a public or private company?
Synop is a private company. It is classified as venture growth investor backed and is currently operating.
When was Synop founded?
Synop was founded in 2022. It employs 11 to 50 people.
Where is Synop based?
Synop is headquartered in New York, United States, in the North America region.
How does Synop make money?
Three revenue lines are on record. SaaS Platform Subscription (Charging & Energy Management) is the primary driver. The others are white-Label / OEM Licensing and payment Processing / Transaction Fees.
Who are Synop's main competitors?
Direct peers on record are Geotab, Samsara, Nuvve and Fermata Energy. Emerging players are WeaveGrid, ev.energy, Fleetio, GridPoint and WattTime. ChargePoint is listed as a broad incumbent.
Does Synop have an API?
Yes. Synop offers an API that integrates with utilities to get up-to-date time-of-use (TOU) electricity rates and information, allowing fleet managers to adjust charging schedules immediately if the utility modifies peak times. The API also enables integration with accounting, financial, and expense management software for reimbursement data export.
What industry is Synop in?
Synop's product category is EV Fleet Charging & Energy Management Software. Its primary akta.pro industry code is EUAFAKAJ, EV Fleet Charging & V2G Energy Management Platforms, with a secondary code of EUAFAMAA, Managed EV Charging Software (Residential, Fleet, Workplace). Its NAICS code is 541511 and its SIC code is 7373.