Simfoni
Latest round
- Series B
Last raised
- Jul 2021
Total raised
- $15M
Investors
- 1
About Simfoni
Founded in 2015 and headquartered in San Francisco, US, Simfoni Limited provides advanced procurement solutions. The founders, Jason Stern and Stefan Dent, have backgrounds in technology and business management.Simfoni offers a comprehensive suite of modular spend management solutions focused on procurement automation and intelligence. Their primary offerings include an AI-powered Spend Analytics Platform that provides real-time visibility and actionable insights into both direct and indirect spend. The company also provides an eSourcing and Optimization solution that streamlines the RFx management process, helping procurement teams to save costs effectively.Simfoni generates revenue through a subscription-based model for its suite of products, characterized by long-term contracts with clients across various sectors. The firm partners with organizations to enhance their procurement capabilities, providing access to its technology and expertise in exchange for ongoing fees. Clients typically enter agreements that detail the terms for utilizing Simfoni's flagship offerings, ensuring they receive continuous support and updates. Specific geographic regions targeted for expansion have not been disclosed, but the company aims to enhance its product offerings and market presence in the coming years.
Who invested in Simfoni
1 investor across 1 round
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Funding rounds
Series B
Jul 22, 2021
Amount
$15M
Investors
Questions about Simfoni
Who invested in Simfoni?
Simfoni has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Simfoni raised?
Simfoni has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Simfoni last raise money?
Simfoni's most recent round on record is a Series B, in Jul 2021.
What does Simfoni do?
Founded in 2015 and headquartered in San Francisco, US, Simfoni Limited provides advanced procurement solutions.
Where is Simfoni headquartered?
Simfoni is headquartered in San Francisco, US.
Which VCs invest in companies like Simfoni?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Simfoni's stage. Their profiles are linked below.
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