Syntrio, Inc.

Based in Illinois, US, Syntrio, Inc. operates as a provider of ethics reporting hotlines and compliance training solutions, focusing on promoting workplace integrity and compliance across various industries. Syntrio, Inc. specializes in ethics reporting hotlines and comprehensive compliance training.

Founded in 1998 in Northbrook, Illinois, the company recently merged with Lighthouse Services, Inc. under the management of CEO Phil Enright. The company has successfully completed two deals, with the latest transaction occurring on June 19, 2019, facilitated by Inverness Graham Investments. Syntrio's core offerings include a 24/7 anonymous ethics reporting hotline and comprehensive compliance training courseware.

The hotline promotes a "Speak Up! " culture, providing an accessible and cost-effective way for employees to report concerns. The compliance training courses cover essential topics such as harassment, discrimination, and code of conduct, developed by experts in employment law and online education. Syntrio serves over 6,500 organizations across North America, Europe, and Asia-Pacific, ensuring targeted and effective training solutions for diverse industries.

Revenue is generated primarily through subscription-based contracts for the hotline services and licensing of compliance training materials. Clients engage in long-term partnerships, paying for customized access to both the hotline and training content. The pricing structure is flexible, accommodating various organizational needs, thus enhancing recurring revenue streams supported by high client satisfaction ratings. Syntrio's growth strategy includes launching new products tailored to current compliance challenges and expanding into markets in Asia-Pacific and Europe by 2023.

The funding from the June 2019 merger will support these initiatives, allowing Syntrio to enhance its service offerings and increase market penetration.