Simfoni Continues Strong Growth and Gears Up for Expansion
Summary
In Q3’21, Simfoni grew its monthly recurring revenue by 30%, which included the strategic addition of a large US Private Equity firm that will continue to drive value across the company’s entire portfolio. “We are delighted to welcome three proven industry leaders to our team, all of whom have a track record of success and who are capable of growing our business further in their respective regions,” said Chirag Shah, Founder and Chairman, Simfoni. Simfoni’s DNA is built upon successful procurement practices, and we continue to attract talent that are true experts in the field.” The three three top industry leaders joining Simfoni’s senior management team include: • CFO Greg Silich, a senior executive with over 20 years’ experience providing forward-looking financial, operational and strategic leadership to successful businesses in the greater Chicago area. “Their innovative business model is now mature and proven, their investors are enthusiastic, and they have built a talented team and an array of world-class customers.” • European Accounts Director, Gareth Briggs, an established Procurement Leader who will help to reinforce Simfoni’s presence in Europe. The Simfoni platform utilizes machine learning and artificial intelligence to accelerate and automate key aspects of the procurement process, saving customers time and money and paving the way toward supply chain sustainability.
Classifications
AskAI Classifications
LabelsLinked Companies
