Synchrony Ventures

Treez, Inc. is a company that develops retail management software specifically designed for medical marijuana dispensaries in the United States. Founded in 2016 and headquartered in Oakland, California, Treez offers an enterprise-grade platform that includes point of sale systems, integrated payment solutions, and tools for cultivation and data management. The software aims to optimize and automate dispensary operations, enhancing aspects such as employee management, inventory control, and customer service. By enforcing best practices and collecting valuable business data, Treez helps operators, regardless of size, improve their performance and navigate industry changes. Additionally, the platform ensures regulatory compliance throughout the supply chain, connecting brands with retailers through a centralized catalog and real-time market insights.

Allegro Credit is a consumer financing provider based in Burlingame, California, specializing in financing for audiology equipment, dental services, and musical instruments. The company collaborates with merchant partners to offer point-of-sale financing solutions that cater to the needs of both businesses and customers. Allegro Credit focuses on providing consumer-friendly products, high approval rates, and tailored financial offerings, which enhance their partners' ability to serve clients effectively.

flexEngage, Inc. develops a receipts management software and digital receipts worldwide. Its software enables retailers to monitor spending habits and shopping trends and help customers to manage their returns/exchanges, business expense reports, taxes, and personal finances in digital version; and eliminates paper receipts. The company’s software also allows retailers to add social media links, videos and customized offers to digital receipts. In addition, its products include digital receipts, printed offers, curbside, e-commerce notifications, order tracking, and packing slips. flexEngage, Inc. was formerly known as flexReceipts, Inc. and changed its name to flexEngage, Inc. in January 2019. The company was incorporated in 2010 and is based in Orlando, Florida. flexReceipts, Inc. operates as a subsidiary of Omniverse Group Inc.

Fundbox, Inc. is a technology company based in San Francisco, California, with an additional office in Plano, Texas, that specializes in providing payment and credit solutions for small and mid-size businesses (SMBs). Founded in 2013, Fundbox operates an AI-driven cash flow management platform designed to streamline business payments and enhance credit network systems. By leveraging machine learning and deep data analytics, Fundbox offers invoice financing and lines of credit, enabling businesses to improve their cash flow by accelerating payments against outstanding invoices. This allows sellers of all sizes to enhance their average order volumes and close rates by providing more competitive payment terms to their SMB buyers, thereby disrupting the B2B commerce market.

ChargeAfter Ltd is a financing technology platform that specializes in Point of Sale financing. Founded in 2017 and headquartered in Ramat Gan, Israel, with additional offices in Sunnyvale, California, and New York, the company connects lenders with merchants to create a global financing network. This platform enables merchants to provide consumers with personalized financing options at checkout from multiple lenders, facilitating real-time financial solutions that enhance the purchasing experience. ChargeAfter's innovative approach aims to streamline the financing process, making it more accessible for consumers while supporting merchants in offering diverse payment solutions.

Prove provides a phone-centric identity platform designed to enhance security and reduce fraud through the use of phone numbers. With over 1 billion identity tokens under management, Prove assists more than 1,000 companies and over 500 banks, including leading financial institutions, in securing their customer onboarding, digital services, and payment processes. The company offers two primary solutions: Prove Pre-fill™, which streamlines the onboarding process by authenticating consumer identities and auto-filling verified data, and Fonebook™, which provides a comprehensive identity authentication platform to manage customer phone numbers and create a unified customer view across various channels. Additionally, Prove offers multi-factor authentication options, including SMS and voice OTPs, instant link authentication, mobile authentication through cellular networks, voice biometrics, and app-based push authentication. These features enable secure transactions and enhance the overall customer experience across mobile, desktop, and in-store environments. Prove's services are available in 195 countries, underscoring its global reach in identity verification and fraud mitigation.

Pets Best Insurance Services, LLC, known as Pets Best Insurance, specializes in providing pet health insurance for dogs and cats across the United States. Founded in 2005 and headquartered in Boise, Idaho, the company offers a variety of insurance plans that cover a wide range of veterinary services, including accidents, illnesses, cancer treatments, and hereditary conditions. Their policies also encompass emergency care, surgeries, prescription medications, chronic conditions, and routine care. Additionally, Pets Best Insurance provides coverage for older pets, behavioral disorders, and even alternative treatments such as acupuncture. As a subsidiary of Synchrony Financial, Pets Best Insurance aims to safeguard the health of pets, ensuring that pet owners can make informed decisions during critical times.

Socure Inc. specializes in digital identity verification solutions through its Socure ID+ platform, which utilizes predictive analytics, artificial intelligence, and machine learning to authenticate identities in real-time. The platform aggregates data from various online and offline sources, such as emails, phone numbers, and social media, to support compliance with customer identification programs, know your customer guidelines, and anti-money laundering regulations. In addition to the Socure ID+ platform, the company offers tools like Aida, an AI-driven bot for identity validation, Docv for document verification, and Sigma Synthetic Fraud, which addresses synthetic identity fraud. Socure enhances financial inclusion by approving a significant percentage of millennial and thin-file consumers while substantially reducing fraud in online account openings. Founded in 2012 and headquartered in New York, Socure serves a diverse clientele, including software firms, financial institutions, and integration partners, and has established a strategic partnership with ForgeRock.

Loop Commerce, Inc. operates a gift commerce platform that provides innovative e-gifting solutions for retailers and brands. Founded in 2012 and based in Menlo Park, California, the company offers a suite of products including GiftNow, digital gift cards, corporate gifting, and social gifting services. GiftNow enables consumers to gift products online while allowing recipients to modify item details, such as size or color, before shipment. This unique approach aims to enhance the gifting experience and unlock significant potential within the $600 billion gift commerce market. Loop Commerce has partnered with prominent brands like Target, Neiman Marcus, and Uniqlo to drive their digital gifting strategies. In June 2018, the company became a subsidiary of Synchrony Financial, which supports its growth and development in the e-gifting space.

GPShopper LLC is a mobile engagement platform that specializes in developing custom mobile applications for retailers and brands. Founded in 2005 and based in New York, the company offers a cloud-based mobile platform designed for iOS and Android, which includes centralized content management for retail applications. GPShopper's solutions enable retailers to create seamless omnichannel experiences and integrate existing loyalty programs, facilitating functions such as program enrollment, point tracking, redemption, and account management. The platform aims to enhance customer engagement and loyalty through various touchpoints, both online and in-store, ultimately transforming the retail experience. As of March 2017, GPShopper operates as a subsidiary of Synchrony Financial.

flexEngage, Inc. develops a receipts management software and digital receipts worldwide. Its software enables retailers to monitor spending habits and shopping trends and help customers to manage their returns/exchanges, business expense reports, taxes, and personal finances in digital version; and eliminates paper receipts. The company’s software also allows retailers to add social media links, videos and customized offers to digital receipts. In addition, its products include digital receipts, printed offers, curbside, e-commerce notifications, order tracking, and packing slips. flexEngage, Inc. was formerly known as flexReceipts, Inc. and changed its name to flexEngage, Inc. in January 2019. The company was incorporated in 2010 and is based in Orlando, Florida. flexReceipts, Inc. operates as a subsidiary of Omniverse Group Inc.