Founded Date
2022
Founders
Austin Mitchell; Lisa Scott (Alan Schroeder sometimes listed as co-founder)
CEO
Austin Mitchell (co-founder, since 2022)
Key Leadership
Lisa Scott (Co-Founder, General Counsel and CAO); Alan Schroeder (Co-Founder and COO); Allen Piscitello (Head of Engineering); no CFO/CTO named
Regulatory Status
AICPA SOC 2 Type II (self-reported); no money-transmitter or other financial licence disclosed
Market Valuation
N/A (no valuation disclosed)
Official Website
Infrastructure Overview
Sells invoice-processing and financial-settlement software for metered energy infrastructure
Vertical Assets
Synota settlement platform; AI Core (energy intelligence layer); documented public REST API (docs.synota.io)
Tech Specs
Bitcoin Lightning Network as settlement rail (alongside ACH/card); digitized energy contracts; smart-meter/AMI consumption data ingestion
Strategic Network Value
Settles energy transactions over the Lightning Network
BTC Holdings
N/A
Fiat Valuation
N/A
BTC Yield Per Share
N/A
Treasury Strategy
N/A
Primary Business Revenue
Transaction/service fees on energy settled (fee calculated on total MWh settled)
Revenue Activities
Energy settlement and invoicing software
Lead Investors
Ego Death Capital (led $3M seed 2022-10); Trammell Venture Partners; Rev1 Ventures; Hivemind VC; Bitcoiner Ventures; Recursive Capital
Total Invested Capital
$3M seed (announced 2022-10); Form D filed 2022-09-28 shows $3M offering with $2.4M sold
Founder Pedigree
Austin Mitchell - co-founder and CEO; BS Mechanical Engineering, University of Dayton; PhD Engineering and Public Policy, Carnegie Mellon; previously NiSource
Subsidiaries
None disclosed; Synota, Inc. (Delaware)
Official Email
Physical Address
394 Manderly Court, Powell, Ohio 43065, USA
Phone Number
N/A
X (Twitter)