Synapse announces new board appointments and funding led by Dowgate Capital

Synapse News
February 28, 2024
By Synapse Media

Today, Synapse- The Stories Marketplace announces the appointment of industry pioneer Rupert Howell, Chairman of System1 Group and former CEO of Chime Communications to it’s board.

Synapse has also announced its’ latest fundraise. Dowgate Capital led Synapse’s fundraise round, bringing together a stellar team, at a time when the platform is seeing surging user growth, boasting over 3,000 registered users.

The investment, sourced from Dowgate Capital’s influential network, enables Synapse’s platform to continue its development. At the core of Synapse’s ground breaking approach lies its ‘stories marketplace,’ a transformative platform facilitating connections between PRs and journalists in a way that traditional methods of communication, namely email, cannot match.

Lorna Tilbian, Chair of Dowgate Capital, says, “Dowgate Capital is proud to lead Synapse’s funding round, recognising Synapse’s potential to disrupt media relations with a cutting-edge platform utilising the latest in technology, data and AI. We see parallels with other leading UK marketplaces and look forward to watching the business develop.”

This funding round ramps up Synapse’s goal of enhancing media relations through a purpose-built platform that eases the industry’s reliance on emails to communicate and uses proprietary data to drive results for Synapse’s users.

Synapse’s founder and CEO Charles Russell created Synapse to mitigate journalist email overload and support those inundated with irrelevant email pitches by allowing them to filter pitches by topic and format. PRs have access to data not available elsewhere as a tool to pitch to journalists and can monitor how their pitches perform with insightful engagement statistics. The business will use the raised capital to utilise its proprietary data and give PRs insight they have never had access to before. This will allow PRs to build better relationships with the media over the long term.

Russell says, “We’re delighted with the positive feedback and growing user base, which shows great demand for this platform and an industry wide desire for change. Dowgate Capital’s support and the latest additions to the board means Synapse is well positioned to deliver substantial value to the media and PR industries”.

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"Synapse will help us hugely by making it easier for the right people to connect on the right topics."

Ben Rankin

National Audience Director, Reach Plc

"Synapse creates better connections between journalists and PR professionals, helping our trusted brands to deliver quality and highly relevant news to our readers."

John Rowe

Executive Director, National World

"The idea of only receiving targeted pitches and avoiding those with no relevance to me is appealing and would save me a lot of time on a daily basis."

Alice Grahns

Deputy Consumer Editor, The Sun

"We see how a marketplace of PR pitches helps deliver relevant ideas to journalists in a more manageable way, compared with email, which regularly overloads our writing staff."

Toby Granville

Editorial Development Director, Newsquest

"Synapse helps to put everything in one place. I often will put call outs on social media for experts or look around in 1000s of emails so this is more efficient. I would definitely recommend."

Rebecca Carey

Deputy Head of Editoral SEO, Newsquest

"Synapse has been really helpful the last few days. I've had a few PRs come forward with comments and extra info which has meant I've managed to publish stories that I wouldn't have been able to do without the expert insight."

Katie Collier

SEO Reporter, Newsquest

"The idea of being able to visit one site to get a look at all the stories relevant to me and avoid distracting and unwanted contact with PR offices really appeals to me. Synapse will put me in charge of the process."

Anil Dawar

Ex-news editor The Express, AQA

"It's not easy to maintain those vital media relationships. Synapse is a great way of connecting and building mutually beneficial partnerships between PRs and journalists."

Victoria Morton

Head of PR, Journey Further

“So far I haven’t yet quite found what I am looking for in a database and outreach platform, but Synapse looks set to do everything I need.”

Holly Pither

MD and Founder, Tribe PR

"The answer to all of my prayers!"

Sophie Godfrey-Phaure

Account Director, Ketchum

“Synapse strives to strengthen the relationship between PR professionals and journalists by providing a seamless platform to share stories and pitches.”

Hayley Bromfield

Director of Sales and Marketing, PHA Group

“Synapse will help us to communicate high-quality, relevant content whilst enabling journalists to easily engage with us in order to ensure they have the correct information they need for their stories.”

Charlotte Cavanagh

Senior Account Manager, Fleet Street Comms

“We’re really excited to see what Synapse can do for us and our clients. A platform that can help us create more meaningful connections with journalists and help create efficiencies in how we work together holds real potential.”

Imogen Sackey

Associate Director, Fleishman Hillard

“Media excellence means meeting journalists where they are, and tools which help that happen are a good thing. If Synapse can help mitigate ‘death by email’, it’ll be a value-add to hacks and flacks alike.”

Sandy Downs

Senior Account Director, Teamspirit

“We’re interested to see how the Synapse platform develops. We invest significant time tailoring our pitches and content, so it reaches the right journalists. But we can see the potential for this platform to make that process easier, deliver faster feedback and increase our impact.”

Nicola Long, Director (Brand)

Ketchum

“Synapse offers a new and effective way for PRs and journalists to connect; spelling the end to outdated mass pitching. It’ll mean both groups can find the content and contacts they need, at the time they need it – building focused connections, which are still so important, whilst saving time.”

Bethan Williams

Senior Account Manager, Folk

"We are really looking forward to the launch of Synapse. Seeing what journalists are writing about in real time will be invaluable and will help us tailor our pitches to the relevant media at the right time."

Amanda Moorhouse

Founder and Owner of MPR Communications

"At the heart of Synapse lies an unprecedented innovation - the world’s inaugural ‘Stories Marketplace’. Journalists will discover a cornucopia of relevant stories, sources, captivating content, and stimulating discussions within its digital realm."

Mark Borkowski

Founder, Borkowski

“It’s exciting to see a professional marketplace being established which allows PRs to pitch stories and establish new relationships with media. Journalists often refer to their out-of-control inboxes so it’s good to see someone addressing this issue, as well as potentially opening up lots of opportunities.”

Kate McWilliams

MD, Lotus

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There are over 3000 amazing people on Synapse; all of whom want to revolutionise the media relations industry. Our PR user base is from across the UK and covers a mix of agency, freelance and in-house professionals. Our journalist user base is similarly broad. There are national publications, trades, regionals and freelancers all using the platform.

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We’d love to. But we’re not quite there yet.

Synapse believes that journalists have the right to their own data, and that by giving journalists control over their data, PRs will receive more accurate and timely information that isn’t currently available on any other database.

This means that we need to work with journalists to register them on the platform, rather than adding every UK journalist without permission. This is something our team is working on every single day.

Have a journalist or publication you’d like to see on Synapse? Get in touch and let us know at [email protected].

We launched on 21st September 2023 with over 1800 users already pre-registered. Since then we’ve grown to over 3000 users, onboarded national publications and have more news to come. Watch this space!

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