NeoSynergy thrives with partnerships, is looking to add staff

Any auto-related company that can say it hopes to hire this year is coming out ahead of the game. Such is the case with Bloomfield Hills-based NeoSynergy.

The start-up specializes in Internet advertising for automotive dealers. That means everything from transferring car dealer ads from newspapers to websites, and other online auto advertising.

It employed about 30 people early last year and had high hopes of growing even bigger, faster. However, today's economy reared its head and now NeoSynergy employs eight. But there's a catch, most of those 22 employees were absorbed by the company's new partner PowerDex.

PowerDex now bundles NeoSynergy's products with other online advertising platforms so dealers can get more bang for their buck.

"This is very important because every dollar spent for the dealer is critical," says Patty Cox, a spokeswoman for NeoSynergy. "They need to know where every dollar goes."

Today NeoSynergy is working to drive more traffic to its customers. It's utilizing help from key partners like AOL to make this happen. It's also expanding into independent and used car dealers.

Cox says NeoSynergy hopes to hire as many as half a dozen staff this year and is currently looking for business-development people.

Source: Patty Cox, spokeswoman
Writer: Jon Zemke
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