About Symbrio
Symbrio is a company based in Stockholm (Sweden) founded in 2000 was acquired by Lumine Group in August 2020.. Symbrio offers products and services including Inköpssystem, Fakturasystem, and RFQ Module. Symbrio operates in a competitive market with competitors including Tipalti, Sage Group, MineralTree, Coupa and Airbase, among others.
- Headquarter Stockholm, Sweden
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
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Acquired by
Lumine Group
(Aug 19, 2020)
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Products & Services of Symbrio
Symbrio offers a comprehensive portfolio of products and services, including Inköpssystem, Fakturasystem, and RFQ Module. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
System for managing purchases and price comparisons
Platform for handling invoices and order matching
Tool for conducting offer requests and procurement processes
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Funding Insights of Symbrio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Symbrio
Symbrio has secured backing from 1 investor. Prominent investors backing the company include Lumine Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Communications and media software businesses are acquired and strengthened by Lumine Group.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Symbrio
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Symbrio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Symbrio Comparisons
Competitors of Symbrio
Symbrio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tipalti, Sage Group, MineralTree, Coupa and Airbase, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based accounts payable automation is delivered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based end-to-end spend management software is delivered for businesses.
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| domain | founded_year | HQ Location |
Procure-to-pay management software is offered for business operations.
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| domain | founded_year | HQ Location |
Corporate cards and expense management are offered to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Symbrio
When was Symbrio founded?
Symbrio was founded in 2000.
Where is Symbrio located?
Symbrio is headquartered in Stockholm, Sweden.
What does Symbrio do?
Symbrio was founded in 2000 in Stockholm, Sweden, as a provider of software for the procurement sector. End-to-end invoice management is handled, along with an online platform for purchases and price comparisons. Purchasing costs for customers are reduced, and invoice processes are optimized through these integrated tools. Operations focus on streamlining financial workflows for businesses in various industries.
Who are the top competitors of Symbrio?
Symbrio's top competitors include Coupa, Sage Group and Airbase.
What products or services does Symbrio offer?
Symbrio offers Inköpssystem, Fakturasystem, and RFQ Module.
Who are Symbrio's investors?
Symbrio has 1 investor. Key investors include Lumine Group.