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Simfoni: Raises $15M in Series B Funding

Simfoni Raises $15M in Series B Funding

  • Simfoni, a San Francisco, CA-based digital solutions provider for Spend Intelligence and Spend Automation, raised $15m in Series B funding
  • The round was led by Peakspan Capital
  • The company intends to use the funds to expand sales and marketing efforts
  • The platform provides Chief Financial Officers with an Artificial Intelligence-powered platform to automate and streamline key aspects of the procurement process
  • The company currently has over 100 customers across a wide range of industry sectors
  • The company has offices in the USA, Europe and the Middle East
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