Synexis - the game-changing platform for VC-startup ecosystem.

[pavelvinitsky]

Synexis

Synexis is a single SaaS platform for startups and investors that transforms startup transparency, visibility, portfolio management, and due diligence with cutting-edge blockchain and AI technologies.

Website: https://synexis.io/

Problem

• 9 of 10 startups fail.
• 65% fail because of the founders' relations.
• Less than half of startups manage and protect IP rights properly.
• 50% mismanage stakeholder relations.
• 92% of investors report they have a lack of transparency in startups they invest money in.

Here are the problems we identified that we are going fix:

1. The broken relationships between co-founders due to unequal involvement in the long run, decrease in productivity, and loss of commitment often become a cause for conflicts. It can lead to the emergence of a "ghost co-founder", significantly diminishing investment appeal or failure.
2. Co-founders often neglect IP registration, licensing, and protection due to budget constraints, high costs for lawyers, or underestimating its significance. This leads to frequent scenarios where code, business ideas, or any other work output departs with the employee or gets resold to other companies, or even to litigation, infringement, and royalty or IP claims.
3. Investors crave transparency in processes to assess potential investments. The commitment and productivity level of each co-founder, team changes, the protection of every result and process in the company, ideas and data leaks, wrong valuation, and product-market fit, all lead to risks and lower ROI.
4. There is chaos in stakeholders, partners, future clients, and specifically investor relations management. Founders don’t have easy-to-use organized systems to work with thousands of connections, track information transfers, IP, and relations specifically tailored for the startup ecosystem.

Solution

Synexis uniquely combines blockchain, AI, and advanced cryptographic privacy-preserving technologies for unmatched data security, immutability, and automation. Our platform features a unique startup transparency score and ranking, know-how/IP protection compliant with laws, valuation analysis, and a smart dynamic co-founder shares algorithm to lower investor risk.

Project description

We create Synexis to revolutionize how startups manage intellectual property, legal documents, share distribution, and investor relations helping them to fundraise and succeed. At the same time, we help investors mitigate the risks, grow transparency in portfolio companies and new startup opportunities, and grow revenues to re-invest further.

Synexis for Startups

1. On-chain IP Protection.

We introduce an approach that disrupts intellectual property protection within the startup ecosystem. By utilizing various blockchain, AI, and Secret Network technologies, we simplify and reduce the cost of IP protection and licensing processes, including copyright, know-how, and trade secrets. Additionally, we ensure NDAs are effective, all while remaining compliant with IP law.

2. Blockchain-Driven Transparency.

Our platform's integration of blockchain and AI technologies ensures unparalleled transparency in startup operations, IP, and share distribution. This innovation redefines trust and clarity in the startup investment landscape.

3. Dynamic Equity Distribution.

One of the most unique aspects of Synexis is our smart dynamic equity distribution model, which automatically adjusts co-founder shares based on their deliverables and commitment. This groundbreaking approach eliminates common conflicts, fostering a more equitable startup environment.

4. Notarising & Signing Documents On-chain.

After identifying each participant through KYC verification, you will be able to sign, notarize, and store important documents in one place, with confidence that the documents cannot be altered and will be securely stored on the blockchain network.

5. Valuation Analysis.

Using our combined dozens of years of experience in business analysis, developer relations, and business consulting, we create a solution for automated valuation of the startups for investors, secured matching, and due diligence mechanics for investors to find the best-trusted opportunities on the market and simplify due diligence.

Synexis for Investors

1. Data-Driven Startup Listing.

Global listing of startups based on a unique level of documentary transparency and AI-powered valuation mechanics, with startup data, including evaluation analysis report based on 5 key parameters, access to pitch deck, whitepaper and tokenomics (for Web3 companies), and IP report - in one click right on the platform.

2. Transparency Score & Watchlist.

The unique transparency score of each startup is formed based on the accuracy of the founders' commitment, IP protection, and financial KPIs management, and regarding their readiness to provide documentary evidence to potential investors. That helps investors to simplify due diligence and don't miss promising opportunities.

3. Automatic Reports for the Portfolio Projects.

Automatically updated reports on the status of startups from the portfolio on a single screen, that includes changes in ownership* (cap table management and token distribution), intellectual property, and KPIs. The reports are generated following the investment contract at any time that investors need an update.

4. Advanced ZKP matching.

Advanced matching mechanisms based on ZKP and cryptography tech for the most relevant opportunities.

5. Private and secure data and documents exchange.

Guaranteed authenticity & security of provided data due to the immutability of blockchain technology.

Why now?

At this moment, with the advent and development of the latest web3 and AI technologies that have been proven in practice, a unique opportunity arises to increase the survival rate of startups, their transparency to investors, and give a competitive advantage to startups that care about the security of their venture on the path to investment. This works equally for both Web2 and Web3 startups, thanks to automation and a previously unavailable level of privacy and security in conducting financial, IT, and legal management.

Core team members

The Synexis team is comprised of seasoned professionals with extensive experience across diverse domains, including business, SaaS, marketing, Web3, and AI, necessary to launch and scale Synexis successfully.

Dr Pavel Vinitsky, Linkedin | Twitter (X)
the founder, a serial entrepreneur, business consultant, and visionary, and has over 20 years of experience in Web1, Web2, and Web3 as CEO, CPO, and CGO worldwide. He holds a PhD and an MBA. The last one was an Ed-Tech business with another core team member, Mirulev Vasily, that reached annual revenue of more than $300.000 in less than two years, and he quit it in 2022.

Dr Pavel Vinitsky: "For decades, I've been working with entrepreneurs and businesses on their launch, growth, and scaling, and I have had several successful companies. For the last 5 years, I've dedicated myself to working with startups as a C-level officer, consultant, co-founder or advisor. Closely interacting with the founder-investor community, I've repeatedly heard and identified the same fundamental issues that led me to create a comprehensive solution to address them and make a SaaS for the startup ecosystem. With the new web3 and AI technologies appearing, I came to the idea to make a game-changing SaaS platform to help more startups be successful".

Vasily Mirulev,
the CMO/CBO, an expert in business strategy, user experience, and marketing. He combines deep knowledge of performance marketing strategies and behavioral analysis in his work, and he has 8+ years of experience.

Filipe Mota,
a Full-Stack Developer with over 9 years of experience, excels in both back-end and front-end technologies. A tech and crypto enthusiast, he brings innovative solutions to complex challenges.

Arsenii Pechenkin,
Web3 & SA advisor. He is a seasoned developer advocate and ecosystem growth expert with 10+ years of experience in tech, specializing in Web3, FinTech, and DeFi. Blockchain evangelist. Web3 DevRel at ICP, advisor at Metis, ex-DevRel at Gnosis. He is an Alchemist Accelerator alumni. He has been a winner and mentor of various hackathons all around the world. He is also a lecturer and tech coach.

Sergei Yakupov,
an AI advisor who manages AI teams developed algorithms for AI bots that can analyze big data and create content using AI. Sergei has over 10 years of experience in product development and three years in AI, developing and training LLMs.

We are a team of complex problem solvers. We create strategies, products, and teams with a clear understanding of the market based on deep research and providing top-end user experience. Our team also has highly specialized specialists in various areas when needed, thanks to Pavel's previous work experience in creating highly effective teams and projects and an extensive network.

Partners and achievements

SRS Legal is our official legal partner in creating automated legal-tech solutions for startups. As a full-service, multi-practice law firm, one of the leaders in the Portuguese and European markets, SRS Legal advises clients on all aspects of national and international law, offering expert guidance across various legal domains. Their focus on innovation, client needs, and the broader impact of their decisions establishes them as a key player in legal services.

Dr Pavel Vinitsky won the Draper Labs pitch contest to participate in the Draper University Hero program in 2024 with such mentors as Tim Draper, Ilon Mask, and Andrew Chen.

TON is one of the key blockchains we're partnering with. With a seamless onboarding process, use of Telegram, and mass Web3 adoption both in the founders' community and investors, the integration of TON and its native token $TON facilitate an array of use cases directly in the Telegram app, including the effortless setup of crypto wallets and Telegram-specific information exchange possibilities. This natural synergy makes TON an ideal partner for Synexis, aligning with our mission to simplify and secure Web3 interactions for users and startups alike, leveraging the broad user base and advanced blockchain technology of TON.

We are part of the Build Up Labs incubation program and the founders’ community in Lisbon supports us long-term with advisory, investor relations, networking, and startup acquisition.

UBI (Universidade da Beira Interior) - the med-tech, biotech, pharmaceutical and AI acceleration of the institutional university.

Flagship Patents is our official US IP legal law firm partner delivering deep expertise in patents and intellectual property protection, legislation and agreements compliance.

Synexis was also selected as one of the top 15 startups at PitchFest at EthDenver 2024.

Why Secret Network?

1. Enhanced Privacy and Security

Synexis's commitment to safeguarding intellectual property, trade secrets and personal and financial data and ensuring secure, transparent legal agreements aligns with Secret Network's core offering of privacy and security through encrypted computations.

2. Programmable Privacy for Contracts

Secret Network's unique capability for programmable privacy fits well with Synexis's need for flexible, secure automation in legal processes.

3. Broadening Web3 Accessibility

This partnership not only enriches Synexis's service offerings but also aligns with the goal of making Web3 technologies more accessible and practical for startups and investors both in Web2 and Web3 spaces, fostering a secure and efficient digital ecosystem and onboarding B2B users to the blockchain ecosystem.

Value for Secret Network

Synexis brings substantial value to Secret Network in several key areas:

Showcasing Utility and Adoption

Synexis showcases the practical utility and versatility of Secret Network’s privacy-preserving technology. This can drive broader adoption and interest in Secret Network from various sectors beyond Synexis, highlighting its capabilities in real-world applications. It is even more actual as Synexis aggregates Web2 and Web3 startups and investors from various sectors, markets and verticals.

Ecosystem Growth

The integration of Synexis’s innovative services contributes to the growth and diversification of Secret Network’s ecosystem. As our solution explores and develops new use cases for encrypted data and privacy-focused applications, it attracts a wider user base, including startups, investors, and legal professionals, to Secret Network.

Innovation and Development Feedback

Through Synexis’s implementation of its services, Secret Network can receive valuable feedback on its technology’s performance, usability, and feature set in diverse scenarios. This feedback loop is crucial for ongoing innovation, allowing Secret Network to refine and expand its offerings based on user needs and experiences.

Strengthening Network Security and Privacy

Synexis's focus on IP protection, secure document handling, and compliance with legal frameworks underscores the importance of privacy and security in digital transactions. This alignment with Secret Network's core principles helps to reinforce the network's position as a leader in secure and private blockchain solutions.

Strategic Partnerships and Collaborations

The collaboration with Synexis opens opportunities for strategic partnerships within and beyond the Secret Network ecosystem. By working together, Secret Network and Synexis can explore joint ventures, cross-promotional activities, and co-developed solutions that benefit both parties and their users.

Ecosystem Players Grants & Investor Relations Automation

As a next step in the collaboration between Synexis and Secret Network, we will launch a specialized program aimed at ecosystem projects and grantees. This initiative is designed to offer these projects competitive advantages in managing operations and investor relations through Synexis using Secret Network native wallets and tech.

By facilitating more efficient fundraising, growth, and success strategies, this program underscores the commitment of both Synexis and Secret Network to nurturing a robust, innovative ecosystem that empowers projects to achieve their full potential.

Roadmap Milestones and the Ask

Milestone 1: Integration with Secret Network for File & Data Encryption [$8,000]

Objective:

• Seamlessly integrate Synexis with Secret Network to leverage its privacy-preserving encryption capabilities for files.

Deliverables:

1. An integration guide outlining the process with the Secret Network.
2. Implementation of files and data encryption using Secret Network.

Sprints:

Sprint 1 (Days 1-10): Initial Setup and Configuration

• Set up the development environment tailored for Secret Network integration.
• Configure and establish connection to the Secret Network.

Sprint 2 (Days 11-20): Encryption Implementation

• Define encryption functions and variables.Design and code encryption functionalities specific to Secret Network's protocols.
• Develop and implement a robust encryption module based on Secret Network.

Sprint 3 (Days 21-30): Testing and Integration

• Test file encryption functionality.
• Integrate encryption mechanism into the application.

Milestone 2: NFT Integration with Polygon Network [$14,000]

Objective:

• This milestone involves integrating NFTs with the Polygon Network, and storing Secret’s encrypted file information and encrypted private data within NFTs.

Deliverables:

• Detailed procedural documentation on integrating NFT functionalities with the Polygon Network with Secret Network encryption for the Synexis MVP functions.
• Implementation of the advanced NFT module storing encrypted file information and metadata.

Sprints:

Sprint 1 (Days 1-10): Polygon Network Integration Setup

• Configure a connection to the Polygon Network.
• Set up NFT creation and management mechanisms on the Polygon platform.

Sprint 2 (Days 11-20): Advanced NFT Integration Functionality Implementation

• Define NFT functions and variables.
• Develop NFT integration to store encrypted file information and enhance data privacy and security..

Sprint 3 (Days 21-30): Functionality Testing and Production Deployment

• Test NFT functionality including encrypted file storage.Perform extensive testing to ensure secure and efficient NFT handling including encrypted file storage.
• Deploy NFT integration to the production environment.Deploy the enhanced NFT module, integrating encrypted data capabilities into the live environment.

Milestone 3: File Decryption Implementation [$16,000]

Objective:

• In this milestone, the focus is on implementing file decryption functionality within the application.

Deliverables:

• The document outlining the file decryption process.
• Implementation of file decryption mechanism.

Sprints:

Sprint 1 (Days 1-10): Decryption Planning

• Analyze encryption mechanisms and requirements for decryption.
• Plan decryption implementation.

Sprint 2 (Days 11-20): Decryption Development

• Develop decryption functions and variables.
• Implement file decryption mechanism and user delivery.

Sprint 3 (Days 21-30): Testing and Optimization

• Test file decryption functionality.
• Optimize the decryption process for efficiency.

Project Duration: 90 Days.

Upon completing these initial objectives, we plan to further integrate Secret Network technology into our platform's next phase, introducing advanced features. This marks just the beginning of our journey with Secret Network, paving the way for more innovative and privacy-focused functionalities.