About Symphony Commerce
Symphony Commerce is a company based in San Francisco (United States) founded in 2011 was acquired by Quantum Retail in May 2018.. Symphony Commerce has raised $59.1 million across 6 funding rounds from investors including FirstMark, Quantum Retail and CRV. The company has 2 employees as of December 31, 2022. Symphony Commerce offers products and services including StreetSmart AI, Eloquens AI, and AnswerHub. Symphony Commerce operates in a competitive market with competitors including Global-e, CommerceIQ, Cart.com, BigCommerce and AnyMind Group, among others.
- Headquarter San Francisco, United States
- Employees 2 as on 31 Dec, 2022
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Sectors
TechnologyRetail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Symphony Commerce
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$59.1 M (USD)
in 6 rounds
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Latest Funding Round
$7 M (USD), Series C
Feb 12, 2018
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Investors
FirstMark
& 5 more
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Employee Count
2
as on Dec 31, 2022
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Acquired by
Quantum Retail
(May 17, 2018)
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Products & Services of Symphony Commerce
Symphony Commerce offers a comprehensive portfolio of products and services, including StreetSmart AI, Eloquens AI, and AnswerHub. 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.
Manages field force operations with AI for efficiency
Facilitates human-AI collaboration in business settings
Enables knowledge sharing for teams and organizations
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Leadership Team
2 people
Product Management Team
2 people
COO Team
1 people
Operations Team
1 people
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Funding Insights of Symphony Commerce
Symphony Commerce has successfully raised a total of $59.1M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $7 million completed in February 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $7.0M
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First Round
First Round
(06 Apr 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series C - Symphony Commerce | Valuation |
investors |
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| Dec, 2016 | Amount | Series C - Symphony Commerce | Valuation | CRV , Blue Cloud Ventures |
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| Sep, 2014 | Amount | Series B - Symphony Commerce | Valuation | CRV |
| 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 |
Investors in Symphony Commerce
Symphony Commerce has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include FirstMark, Quantum Retail and CRV. 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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CRV is recognized as a venture capital firm investing in technology startups.
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Founded Year | Domain | Location | |
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Early-stage SaaS companies are funded by the venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital fund focused on investing in multiple sectors
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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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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 Symphony Commerce
| 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 - Symphony Commerce
| 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 |
Symphony Commerce Comparisons
Competitors of Symphony Commerce
Symphony Commerce 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 Global-e, CommerceIQ, Cart.com, BigCommerce and AnyMind Group, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software solutions for cross-border e-commerce industries are provided.
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| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is provided.
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| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Platforms for e-commerce, marketing, and manufacturing are provided.
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| domain | founded_year | HQ Location |
Provider of SaaS based marking solution
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Latest news on Symphony Commerce
Frequently Asked Questions about Symphony Commerce
When was Symphony Commerce founded?
Symphony Commerce was founded in 2011.
Where is Symphony Commerce located?
Symphony Commerce is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Symphony Commerce a funded company?
Symphony Commerce is a funded company, having raised a total of $59.1M across 6 funding rounds to date. The company's 1st funding round was a Series B of $21.5M, raised on Apr 06, 2011.
How many employees does Symphony Commerce have?
As of Dec 31, 2022, the latest employee count at Symphony Commerce is 2.
What does Symphony Commerce do?
Founded in 2011 in San Francisco, United States, Symphony Commerce operates in the e-commerce sector by offering enterprise-level commerce as a service. Wholesale and retail requirements are managed through integrated applications and supply chain logistics. Services include solutions for web stores, fulfillment, and marketing, billed on a pay-per-use basis. The company was acquired by Quantum Retail Technology in May 2018.
Who are the top competitors of Symphony Commerce?
Symphony Commerce's top competitors include CommerceIQ, Bazaarvoice and ShopUp.
What products or services does Symphony Commerce offer?
Symphony Commerce offers StreetSmart AI, Eloquens AI, and AnswerHub.
Who are Symphony Commerce's investors?
Symphony Commerce has 6 investors. Key investors include FirstMark, Quantum Retail, CRV, Blue Cloud Ventures, and Bain Capital Ventures.
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