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Simfoni
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Simfoni

http://simfoni.com/
Last activity: 24.02.2026
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Categories: AnalyticsAutomationBusinessLearnManagementProductProviderSoftwareSupplyTime
Simfoni provides spend analytics and spend automation products to leading global enterprises. Our products provide rapid time to value through machine learning and artificial intelligence that accelerate and automate key aspects of the procurement process. Customers save both time and money, as well as identify strategies to reduce risk. A global business with regional headquarters in the USA, Europe, Australia, and the Middle East, Simfoni works "in harmony" with its customers, their business stakeholders, and their vendor communities.
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Followers
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Website visits
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Mentions
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Location: United States, California, San Francisco
Employees: 51-200
Phone: +1 415-231-3691
Total raised: $23M
Founded date: 2015

Investors 2

Funding Rounds 2

DateSeriesAmountInvestors
05.06.2023-$8M-
26.07.2021Series B$15M-

Mentions in press and media 31

DateTitleDescription
28.02.2026Enterprise Evolution: How AI and Snowflake Reshape Investment and ProcurementModern enterprises thrive on data. Leading firms leverage advanced platforms, AI, and analytics for strategic advantage. SimCorp's Axioma Factor Library Suite empowers quantitative investors. It delivers unique research data via Snowflake, ...
24.02.2026Simfoni Named to The Hackett Group's 2025-2026 "50 to Know" ListSimfoni has been named to The Hackett Group's 2025–2026 "50 to Know" list, recognizing procurement technology providers demonstrating innovation, market impact and measurable customer value. The recognition highlights Simfoni's AI...
12.02.2026Simfoni Earns ProcureTech100 Recognition for AI-Driven Analytics and Sourcing ExecutionSimfoni was named to the 2025/2026 ProcureTech100 in recognition of its AI-driven platform helping procurement teams turn spend data into actionable insights and measurable savings. The award highlights Simfoni Strategic Spend Hub workflows...
07.10.2025Simfoni Featured in Gartner Market Guide for Delivering AI-Powered, Action-Ready Spend Management SolutionsStrategic Spend Hub Sets the Standard with AI and Snowflake-Native Advantage CHICAGO, Oct. 7, 2025 /PRNewswire-PRWeb/ -- Simfoni, the AI-powered spend management company, today announced that it has been recognized in the latest Gartner Mar...
19.08.2025Simfoni Launches Strategic Spend Hub to Power AI-Driven Procurement on Snowflake AI Data CloudSimfoni launches Snowflake-native, AI-driven solution to help procurement teams monitor markets, spend, and contracts, identifying savings and surfacing risk. SAN FRANCISCO, Aug. 19, 2025 /PRNewswire-PRWeb/ -- Simfoni, a leader in analytics...
08.05.2025Simfoni announces new collaboration with Snowflake to deliver next generation spend intelligence and procurement solutionsSimfoni collaborates with Snowflake to deliver spend management solutions powered by AI and trusted data. SAN FRANCISCO, May 8, 2025 /PRNewswire-PRWeb/ -- Simfoni, the next-generation digital provider for spend intelligence and spend manage...
05.06.2023Tail Spend Management and Procurement Solution Provider Simfoni Secures $8M Investment Round Led by KearneyKearney is thrilled to partner with Simfoni to provide the most comprehensive digital procurement solutions in the market. We are confident our clients will benefit from improved visibility and increased efficiencies as they continue to reg...
15.12.2022Food Logistics Names Simfoni a 2022 Top Software & Technology ProviderSimfoni's platform is used by F&B customers globally, including F&B aggregators and thousands of restaurants and buying locations on a day-to-day basis, making this a truly dynamic, lively, and business-critical solution for the ind...
05.12.2022Simfoni Announces the Acquisition of Xeeva, Leader in Indirect Spend Management SolutionsSimfoni, the next-generation digital solutions provider for procurement intelligence, eSourcing and tail spend management, announced that it has acquired Michigan-based Xeeva, a fellow leader in AI-powered spend management and procurement t...
17.11.2022Simfoni Retains Value Leader Position in Fall 2022 Spend Matters SolutionMapHaving our customer’s experience weigh into the Spend Matters' rankings makes the results even more meaningful, and signifies that we are continuing to deliver on our commitments to our clients, and they are receiving the value and anticipa...
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