Simfoni

About Simfoni

Simfoni provides composable spend management technology and AI-powered solutions to help organizations see, source, and manage procurement spend differently. Their mission is to automate, streamline, and simplify procurement processes, delivering effortless spend management through modular, purpose-driven solutions.

Products & Services

Spend Analytics:An AI-enabled solution to turn spend data into strategic insights, offering real-time visibility and actionable insights for identifying opportunities and savings.

eSourcing:A user-friendly solution for streamlining RFx management and strategic sourcing processes, enhancing efficiency and reducing time to award contracts.

Tail Spend Management:Composable technology and automation to manage unmanaged spend, improving efficiencies and increasing savings through embedded sourcing and payments.

Strategic Spend Hub:A platform to lead procurement innovation, providing AI-driven data and spend visibility.

Specialties

AI-powered Spend Analytics eSourcing Tail Spend Management Procurement Automation Spend Visibility Strategic Sourcing

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series A-2 T: - FT: Series A-2	A: 8000000 MR: - FA: 8M FAN: 8000000	D: 2023-06-05 FD: 2023-06-05	2 investors

Series A-2 Latest

2023-06-05

$8.0M

2 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

S

Stefan Dent

Chief Strategy Officer

LinkedIn (Pro only)

C

Chrisna Vergottini-Mason

Chief People Officer

G

Greg Silich

Chief Financial Officer

LinkedIn (Pro only)

C

Chirag Shah

Executive Chairman

A

Alan Buxton

Chief Technology Officer

S

Sreeram Venkitakrishnan

Chief Delivery Officer - Data Solutions

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Recent News

Simfoni Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised