Wednesday 16th August, 2017
Symphony Ventures a global leader in enterprise digital transformation harnessing RPA and Intelligent Automation has announced a Series A investment of £3.5 million from Livingbridge a mid-market private equity firm.
The funding will help accelerate Symphony’s rapid growth including, doubling employee numbers and continue its global expansion.
Symphony also welcomes two new members to its Board of Directors: Henry Alty from Livingbridge and Bill Thomas, Managing Partner of Acresis, a founder advisory firm that supports Symphony on their growth and liquidity goals.
Symphony was founded in 2014 and provides consulting, implementation and managed services to enterprise clients looking to automate operational processes that are manual, repetitive, complex and time-consuming through RPA and Intelligent Automation solutions.
“We are delighted to be working with Livingbridge. We had a choice of partners and selected Livingbridge for their strong track record of helping founders achieve rapid growth, while respecting the company and the culture in place” said Poole. “Across the globe, we’re seeing exceptional demand for enterprise-grade RPA. Livingbridge’s vision of the market proved to be one of the most strategic and insightful about how we can meet client needs and by doing so, further accelerate Symphony’s growth and expansion.”
"RPA is extremely complex and requires a unique set of process and technical skills,” said Phil Fersht, HfS Research. “Businesses understand the great benefits the technology can offer, but lack the know-how to effectively select and manage solutions so that they deliver the greatest return based on their specific goals and applications. As a result, demand for skilled expertise from RPA specialists like Symphony Ventures is unprecedented."