Maryland-founded software solutions company providing real-time feedback on policies
COLUMBIA, Md., (February 20, 2025) — TEDCO, Maryland’s economic engine for technology companies, announced a recent $200,000 follow-on Pre-Seed Builder Fund investment in Sybal Corp., a Maryland-based software startup developing computational governance solutions designed to support various industries. The Pre-Seed Builder Fund is housed under the Social Impact Funds, an umbrella of investment opportunities that seek to provide eligible entrepreneurs with access to support and capital.
“We continue to focus our work towards addressing needs in situational awareness, performance, and decision-making advantages governed by policy in highly regulated industries and mission-critical operations,” states Sybal Corp. CEO Christine Sanni. “I strongly encourage entrepreneurs with technology-based innovations to look at all that TEDCO can offer.”
Sybal Corp., based in North Bethesda, Md., is a software company offering governance solutions. Its patented Proof of Governance® solution aims to reduce the cost and time it takes teams to identify, interpret and correct performance gaps governed by policy. Their solutions and innovative approach to governance are positioned to benefit those seeking to create real-time feedback loops across operational functions directed by policy and regulatory requirements.
“TEDCO was created to support entrepreneurs from all backgrounds,” said senior director of Social Impact Funds, Jean-Luc Park. “Through the Social Impact Funds, entrepreneurs are eligible for additional support outside of funding; the Builder Fund provides access to hands-on and educational executive support, and other non-monetary support.”
Sybal Corp.’s journey has been supported by various TEDCO programs including a previous Builder Fund investment, an exhibit at TEDCO’s 2024 Entrepreneur Expo, as well as participation in the SBIR/STTR Proposal Lab and DefTech.
“According to Pitchbook, Maryland companies raised $3.4 billion in venture capital, ranking the state eighth in the nation for capital raised per capita,” said Troy LeMaile-Stovall, TEDCO CEO. “Entrepreneurs looking to start and expand their business should strongly consider choosing Maryland as the company’s home.”
TEDCO’s Pre-Seed Builder Fund finances companies with up to $200,000 in investments via convertible notes. Besides financial support, those chosen to receive a Builder Fund investment are given administrative assistance, mentorship and networking resources. For more information about our funding opportunities, visit our page at www.tedcomd.com/funding.