Simfoni
PrivateLast Round
Series A
Extension
Jun 5, 2023
Total Funding Raised
$26M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
Simfoni is a procurement technology company that offers a spend analytics and automation platform to streamline and enhance the procurement process, providing insights and tools for effective expense management and operational growth.
Sector
Enterprise Software
Verticals
Supply Chain, Business Intelligence, Workflow Automation, Accounting & Expense
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting, Revenue Share
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Simfoni Comparables
Compare Simfoni with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| SpendHQ | 85% | |
| Corcentric | 82% | |
| Sievo | 81% |
Simfoni Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A Extension | Jun 5, 2023 | ||||
| Series B | Jul 22, 2021 | ||||
| Series A | Jan 23, 2020 |
Simfoni Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Growth Lending | Series A |
| BOOST&Co | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 14, 2026
Named to The Hackett Group's "50 to Know" list.
- Oct 7, 2025
Named in the Gartner Market Guide for Spend Analytics Solutions.
Recent news
Latest coverage and updates
- receives_awardAug 31, 2026
Simfoni receives award Stevie Award at 2026 International Business Awards(R).
- attends_eventAug 26, 2026
Simfoni attended event 2026 Stevie Awards for Great Employers on Aug 27th '26.
- launchesAug 26, 2026
Simfoni launched Vitesse for enterprise tail spend management on Aug 27th '26.
- receives_awardAug 26, 2026
Simfoni received award Bronze Stevie Award for Employer of the Year at 2026 Stevie Awards for Great Employers on Aug 27th '26.
- launchesAug 18, 2026
Simfoni launched Virgil Contract Renewal Watch on Aug 20th '26.
Simfoni Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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