SYNEL MLL PayWay
Workforce Management Systems
Startup Public Business Software Est. 1989
Total Raised
Undisclosed
Public
Last Round
Undisclosed
1 rounds
Team
3
51-200 employees
Confidence
94/100
News
9
articles
About
Synel MLL PayWay develops and produces data collection systems and solutions for workforce management, online and real-time attendance systems, shift scheduling, access control, and job costing. Synel's portfolio provides complete hardware and software solutions, implementing biometric fingerprint technologies and wireless communication. The company's workforce management solutions are available both for complex, multi-location enterprises and single-building facilities.
Classification
Sector
Business SoftwareOperations SolutionsHuman Resources Management
Core Technology
Platforms & InterfacesSoftware
Target Customer
Defense, Safety & SecuritySecurityHomeland SecurityConsumersEducation & AcademiaEnterprise & Professional ServicesEnterprises
Business Model
B2BB2G
Tags
securityworkforce-managementsmbauthenticationenterprise-solutionsbiometricsmobile-applicationshardwaregovernmententerprisespayrollretailersmanagement-solutionshealthcare-providershr-techpensionmanufacturing-facilitiesaccess-control
Funding & Events
Jan 2000
Exit Undisclosed
Aug 2025
Exit $93M
News (9)
Aug 18, 2025 ยท en.globes.co.il
growth-positive
Accel Solutions Group is paying NIS 93 million for the 69% stake in Synel Payway owned by Gavriel and Erez Boganem.
AcquisitionInvestment
Jan 3, 2021 ยท www.sponser.co.il
growth-positive
ืกื™ื ืืœ ืชืกืคืง ืœื‘ื™ืช ื—ื•ืœื™ื ืจืžื‘"ื ืชื’ื™ื ืžื’ื ื˜ื™ื™ื ืœืžืชื—ืกื ื™ื ืœืงื•ืจื•ื ื”
Partners
Nov 1, 2020 ยท www.sponser.co.il
growth-positive
ืกื™ื ืืœ ืคื™ืชื—ื” ื˜ื›ื ื•ืœื•ื’ื™ื” ืœืขื ืฃ ื”ืžืกืขื“ื•ืช ื•ื”ืื™ืจื•ื— ื‘ืื ื’ืœื™ื”, ื”ืžื•ืชืืžืช ืœืชืงื ื•ืช ื”ืงื•ืจื•ื ื”
CustomersPartners
Sep 22, 2020 ยท www.calcalistech.com
Synel launches new heat camera to help compliance with government Covid-19 restrictions
Aug 4, 2020 ยท www.jns.org
growth-positive
Israeli tech firm offers app to government to keep tabs on quarantined COVID-19 patients
Customers
Jun 29, 2020 ยท www.calcalistech.com
growth-positive
This company's tools give employers a sneak peek at their workers' productivity at home
CustomersPartners
May 2, 2020 ยท simplywall.st
growth-negative
Synel M.L.L Payway Ltd (TLV:SNEL) Might Not Be A Great Investment
Investment
Jul 10, 2018 ยท www.synel.com
growth-positive
Synel has successfully implemented an integrated system to manage the workforce and biometric attendance terminals at SolarEdge - Synel
Customers
Jul 9, 2018 ยท www.synel.com
growth-positive
Synel has successfully implemented an integrated system to manage the workforce at Psagot Investment House - Synel
Partners
Details
Product Stage
Released
Employees
51-200
Exact Count
136
District
North District
Founded
1989
Registrar
511416612
Crunchbase
synel-industries-ltd
Locations
HaMada St 2, Yokne'am Illit, Israel
Paris, France
Moscow, Russia
16425 North Pima Road, Scottsdale, AZ 85260, USA
Beijing, China
Transputec House, 19 Heather Park Dr, Wembley HA0 1SS, UK
Links
Website
LinkedIn
Twitter
Facebook
Careers
Admin
Last Update
Aug 19, 2025
Verified by
Jenny Sotnik-Talisman
Missing
funding rounds, markets, not claimed
Team (3)
Erez Buganim
Deputy & Acting CEO
Gabi Buganim
Founder, President & CEO
Founder
Eyal Boganim
VP HR
Internal
Created by
Sharon Blatt (dodasher1436@gmail.com)
Created
2015-05-14T00:00:00.000Z
Last editor
Dana Arnon (dana.arnon@mail.huji.ac.il)
Status
Acquired by Accel Solutions on Aug, 2025