About Symphoni
Symphoni is a company based in Seattle (United States) founded in 2017 was acquired by Remitly in May 2019.. Symphoni operates in a competitive market with competitors including CrowdOut, The Small & Medium Business Exchange, CommLoan, The Credit Junction and Bond Street, among others.
- Headquarter Seattle, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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Funding Insights of Symphoni
| 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 Symphoni
Symphoni has secured backing from 1 investor. Prominent investors backing the company include Remitly. 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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Cross-border money transfers are facilitated via banking networks.
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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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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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Investments & Acquisitions by Symphoni
| 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 - Symphoni
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Symphoni Comparisons
Competitors of Symphoni
Symphoni 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 CrowdOut, The Small & Medium Business Exchange, CommLoan, The Credit Junction and Bond Street, 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 |
P2P funding is facilitated for middle market business loans.
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Online P2P marketplace for term loans
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Business loans are matched online between borrowers and lenders.
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Provides working capital financing solutions to small and medium enterprises.
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Alternative term loans for small businesses are financed by investors.
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Online marketplace for private market data
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Symphoni
When was Symphoni founded?
Symphoni was founded in 2017.
Where is Symphoni located?
Symphoni is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
What does Symphoni do?
Symphoni is an AI-based business loans platform. The platform helps immigrant and underserved small business owners to get access to credit. As of May 2019, the platform is in private beta.
Who are the top competitors of Symphoni?
Symphoni's top competitors include SmartBiz Loans, Bond Street and CrowdOut.
Who are Symphoni's investors?
Symphoni has 1 investor. Key investors include Remitly.
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