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Symphony provides a secured cloud-based communication & content-sharing platform which connects markets, organizations, and individuals. It helps them to improve workflow productivity while maintaining global security and regulatory compliance. Recently, Symphony was selected for the 2019 Forbes Fintech 50 startups list.
PRODUCTS & SERVICES
The online platform enables end-to-end encryption of the user's mobile collaborations, which helps them to securely transfer information. It also protects access to their conversations via PIN code. Users receive the push notifications that do not reveal message content (in case someone tries to spy on your phone home screen).
Bank of America Merrill Lynch
and Credit Suisse.
VALUATION / MARKET CAP:
$1 B in 2018
After the latest funding round, the company's valuation is at $1 billion+. (Apr. 2018)
$10M+ in 2018
In 2018, the company generated an annual revenue of ~$100 million.
ACTIVE USERS COMMENT:
Symphony's platform is being used by more than 390 firms with more than 400,000 users. (Feb. 2019)
NUMBER OF EMPLOYEES
Ken Yagen (Chief Product Officer)
DATE OF LAST FUNDING
TOTAL FUNDING COMMENT
Till date, the company has raised close to $300 million in funding from PE & venture rounds. Also, the company will use the latest fund to build new products. (Apr. 2018)
SERIES A · $66 M · Oct 2014
SERIES B · $100 M · Oct 2015
SERIES C · $63 M · May 2017
SERIES D · $67 M · Apr 2018
SERIES E · $165 M · Jun 2019
The company has raised money from four rounds: $66 million (Oct. 2014), $100 million (Oct. 2015), $63 million (May 2017), and $67 million (Apr. 2018).
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