Industry Newsroom

BSynchro Secures USD1 Million Investment from Berytech and Phoenician Funds

Lebanon-based insurance technology company BSynchro has raised USD1 million from Lebanon-focused venture capital firms Berytech Fund and Phoenician Funds. Founded in 2005, the company provides software development and consulting services to insurance companies in 25 countries across the Middle East and Africa. BSynchro plans to utilize this investment to further develop its core suite of products.