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 Bedminster, United States. It is registered at 85 GREAT PORTLAND STREET,LONDON,W1W 7LT.

How many employees does Simfoni have?

As of Aug 31, 2026, the latest employee count at Simfoni is 305.

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 $3.24B in funding in 2026 to date.

Where does Simfoni rank among its competitors?

Simfoni ranks 37th amongst 2441 active competitors, of which 188 are funded. It stands 5th 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, Sage and Deltek. Among them, Pennylane secured the most recent funding round in January, 2026.

Simfoni - 2026 Company Profile, Team, Funding & Competitors

Simfoni is a series B company based in Bedminster (United States), founded in 2007 by Stefan Dent and Philip Allouche. It operates as an AI-based spend analysis and management solution for businesses. Simfoni has raised $26M in funding from PeakSpan Capital and Kearney. The company has 2441 active competitors, including 188 funded and 158 that have exited. Its top competitors include companies like Intuit, Sage and Deltek.

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

Key Metrics

Founded Year

2007

Location

Bedminster, 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

37^th among 2441 active competitors

Employee Count

305 as on Aug 31, 2026

Investment & Acquisitions

Xeeva & 1 more

Similar Companies

Intuit & 3095 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	£0 - £1M (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	8346915	Series B	4288985	4629784	9070743	1886616
Jul 22, 2021	9243678	Series B	8836803	7615363	8401743	9001802
Jan 23, 2020	9124272	Series A	1454608	2460403	8825943	6868863

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View details of Simfoni's funding rounds and investors

The founders of Simfoni are Stefan Dent and Philip Allouche. 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
Philip Allouche: Former Co-Founder - Simfoni of Simfoni and founder of 1 other company.
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 305 employees as of Aug 26. Here is Simfoni's employee count trend over the years:

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Top competitors of Simfoni include Intuit, Sage and Deltek. 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, Alcor Fund & 25 others	83/100
2nd	Sage 1981, Newcastle Upon Tyne (United Kingdom), Public	Provider of cloud-based enterprise software solutions for accounting, finance, and people management	-	91Springboard, Itz Cash Card & 47 others	78/100
3rd	Deltek 1983, Herndon (United States), Acquired	Cloud based enterprise resource planning software provider for multi industries	$107M	Prospect Capital, New Mountain Capital & 3 others	77/100
4th	Pennylane 2020, Paris (France), Series E	Cloud-based financial management and accounting software platform	$442M	DST Global, Sequoia Capital & 9 others	77/100
5th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	76/100
6th	FreeAgent 2007, Edinburgh (United Kingdom), Acquired	Cloud-based accounting software for small businesses, freelancers, and accountants	$21.9M	Iris Software, SM TRUST & 22 others	76/100
7th	Xero 2006, Wellington (New Zealand), Public	Provider of accounting software and related tools for business management	-	Hurlingham Partners, New Zealand Growth Capital Partners ... & 9 others	75/100
8th	Wave 2010, Toronto (Canada), Acquired	Web-based accounting software for businesses	$82.4M	CRV, BDC & 20 others	74/100
9th	MYOB 1991, Cremorne (Australia), Acquired	Developer of business management software including accounting and payroll solutions	-	CVC, VantEdge Partners & 3 others	70/100
10th	Suplari 2016, Seattle (United States), Acquired	Developer of software for spend analysis and procurement intelligence automation	$13.4M	Shasta Ventures, Amplify Partners & 5 others	68/100
37th	Simfoni 2007, Bedminster (United States), Series B	AI-based spend analysis and management solution for businesses	$26M	PeakSpan Capital, Kearney	55/100