Symphony

Symphony

Secure communication and collaboration platform

About

Symphony offers secure and encrypted communication and collaboration tools tailored for the financial sector. The platform enables teams to send messages, share files, automate trade flows, and hold real-time meetings while ensuring compliance with regulatory standards. Unlike its competitors, Symphony focuses specifically on the needs of financial institutions, providing a subscription-based service that includes custom bots and workflow automation. The company's goal is to help businesses innovate and streamline their operations while maintaining high levels of security.

Company Stage

Series E

Employees

501-1,000

Industries

Enterprise Software, Financial Services

Total Funding

$497.1M

Headquarters

New York City, New York

Founded

2014


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Simplify's Take

What believers are saying

  • Symphony's AI tools improve productivity and compliance in financial communications.
  • Partnerships with Appian and Google Cloud expand Symphony's service offerings.
  • The platform's secure environment is a strong selling point for financial institutions.

What critics are saying

  • Increased competition from platforms like Slack and Microsoft Teams.
  • Dependency on Google Cloud may pose data privacy risks.
  • AI-driven tools must keep pace with evolving regulatory requirements.

What makes Symphony unique

  • Symphony offers a secure, compliant platform tailored for the financial sector.
  • The platform integrates custom bots and apps for workflow automation.
  • Symphony's partnership with Google Cloud enhances its AI-driven voice analytics capabilities.

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Growth & Insights
Headcount

6 month growth

-5%

1 year growth

2%

2 year growth

0%

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