When was Simfoni founded?

Simfoni was founded in 2007 and raised its 1st funding round 13 years after it was founded.

Where is Simfoni located?

Simfoni is headquartered in Chicago, United States. It is registered at 85 GREAT PORTLAND STREET,LONDON,W1W 7LT.

How many employees does Simfoni have?

As of Apr 30, 2026, the latest employee count at Simfoni is 310.

Is Simfoni a funded company?

Simfoni is a funded company, having raised a total of $26M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 23, 2020.

When was the latest funding round of Simfoni?

Simfoni's latest funding was a $***** Series B round on Jun 05, 2023, with participation from 2 investors. Its primary sector is Finance & Accounting Tech. In United States, the Finance & Accounting Tech sector has seen $1.37B in funding in 2026 to date.

Where does Simfoni rank among its competitors?

Simfoni ranks 45th amongst 2802 active competitors, of which 201 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Pennylane, which secured $205M in Jan, 2026.

Who are the top competitors of Simfoni?

Simfoni's top competitors include Intuit, Vyapar and Pennylane. Among them, Pennylane secured the most recent funding round in January, 2026.

Simfoni - 2026 Company Profile, Team, Funding & Competitors

Company Details

AI-based spend analysis and management solution for businesses. Its products include Virtuosi, a machine learning-enabled spend analytics platform that helps organizations gain insights from the data, Vitesse, a tail spend management solution, Sourceforce App for analytics, and reporting functionality for procurement project management and savings tracking.

Website: simfoni.com
Social
Phone Number: +1 **********
Registered Address: 85 GREAT PORTLAND STREET,LONDON,W1W 7LT

Key Metrics

Founded Year

2007

Location

Chicago, United States

Stage

Series B

Total Funding

$26M in 3 rounds

Latest Funding Round

Series B, Jun 05, 2023, $*****

Investors

PeakSpan Capital & 1 more

Ranked

45^th among 2802 active competitors

Employee Count

310 as on Apr 30, 2026

Investment & Acquisitions

Xeeva & 1 more

Similar Companies

Intuit & 3502 more

View Simfoni's full profile

Simfoni is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SIMFONI LIMITED CIN: 9747447 , United Kingdom, Active	Aug 24, 2015	$795K (As on Dec 31, 2020)	12 (As on Dec 31, 2023)

Simfoni has raised a total funding of $26M over 3 rounds. Its first funding round was on Jan 23, 2020. Its latest funding round was a Series B round on Jun 05, 2023 for $*****. 2 investors participated in its latest round. Simfoni has 2 institutional investors.

Here is the list of recent funding rounds of Simfoni:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 05, 2023	6246192	Series B	1462555	6876118	4790805	5036533
Jul 22, 2021	9426611	Series B	8228231	9085675	7287599	7301246
Jan 23, 2020	1044213	Series A	7150273	7430123	9519617	6396337

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View details of Simfoni's funding rounds and investors

The founders of Simfoni is Stefan Dent. Ron Emma is the CEO of Simfoni.

Here are the details of Simfoni's key team members:

Stefan Dent: Co-Founder and Chief Strategy Officer of Simfoni and founder of 1 other company.
Contact Info: 1 email address
Ron Emma: CEO of Simfoni.
Contact Info: 1 email address

View details of Simfoni's Founder profiles and Board Members

Simfoni's employee count trend

Simfoni has 310 employees as of Apr 26. Here is Simfoni's employee count trend over the years:

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Top competitors of Simfoni include Intuit, Vyapar and Pennylane. Here is the list of Top 10 competitors of Simfoni, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Europa, TriplePoint Capital & 25 others	83/100
2nd	Vyapar 2017, Bengaluru (India), Series B	Provider of GST billing, inventory, and accounting software for small businesses	$35.9M	WestBridge Capital, India Quotient & 14 others	80/100
3rd	Pennylane 2020, Cherbourg en Cotentin (France), Series E	App & cloud-based accounting and financial management solutions for businesses	$442M	Sequoia Capital, DST Global & 8 others	77/100
4th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	77/100
5th	FreeAgent 2007, Edinburgh (United Kingdom), Acquired	Cloud-based accounting software for small businesses, freelancers, and accountants	$21.9M	Iris Software, SM TRUST & 23 others	76/100
6th	Xero 2006, Wellington (New Zealand), Public	Provider of accounting software and related tools for business management	-	TCV, AMCIL & 9 others	75/100
7th	Wave 2010, Toronto (Canada), Acquired	Web-based accounting software for businesses	$82.4M	CRV, BDC & 20 others	74/100
8th	Sage 1981, Newcastle Upon Tyne (United Kingdom), Public	Provider of cloud-based enterprise software solutions for accounting, finance, and people management	-	Itz Cash Card, HHS & 45 others	72/100
9th	Digits 1995, San Francisco (United States), Acquired	SMS based customer authentication and verification service	$97.5M	SoftBank Vision Fund, Google Ventures & 23 others	69/100
10th	Denim 2014, New York City (United States), Acquired	Provider of financial technology solutions for freight businesses	$67.9M	Techstars, Anthemis Group & 18 others	68/100
45th	Simfoni 2007, Chicago (United States), Series B	AI-based spend analysis and management solution for businesses	$26M	PeakSpan Capital, Kearney	55/100