Symphony Commerce: A New Era in B2B E-Commerce
February 3, 2025, 11:17 pm
Location: United States, Texas, Austin
Employees: 51-200
Founded date: 2011
Total raised: $32.5M
In the bustling world of digital commerce, Symphony Commerce is making waves. Formerly known as Shopblocks, this Stockport-based startup has recently secured €2.4 million in funding. The money will fuel its ambition to dominate the global B2B enterprise market.
Founded in 2015 by Kevin Jones and Stewart Reynolds, Symphony Commerce has transformed the way wholesalers, distributors, and manufacturers operate online. With over 2,000 customers, including industry giants like Toshiba and Daisy Telecom, the company is not just surviving; it’s thriving.
The latest funding round was backed by notable investors, including NPIF II – Mercia Equity Finance and the Greater Manchester Combined Authority. This investment is part of a larger initiative to bolster innovation and economic growth in the North of England. The Northern Powerhouse Investment Fund II aims to provide essential capital to smaller businesses that often struggle to secure funding.
Symphony Commerce is at the forefront of this movement. Its platform allows businesses to create customized e-commerce sites, customer portals, and product catalogs. This flexibility is crucial in the B2B landscape, where each client has unique needs. The platform excels in managing complex pricing strategies and personalized experiences, ensuring that businesses can cater to diverse customer bases.
The rebranding from Shopblocks to Symphony Commerce marks a significant shift. It reflects the company’s commitment to enhancing its offerings and expanding its reach. With new features and functionalities on the horizon, Symphony is poised to elevate the customer experience.
The company’s growth trajectory is impressive. In just 18 months, it has nearly doubled its annual recurring revenue to €1.6 million. The goal? To triple that figure within the next three years. This ambitious target underscores the confidence investors have in Symphony’s potential.
The integration capabilities of Symphony’s platform are a game-changer. It seamlessly connects with ERP, finance, and marketing software, allowing businesses to unify their operations. This integration is not just a convenience; it’s a necessity in today’s fast-paced market. Companies need to streamline their processes to stay competitive.
The B2B sector is often overlooked in the e-commerce conversation. Many platforms cater primarily to B2C operations, leaving a gap for businesses that require more complex solutions. Symphony Commerce fills this void. Its ability to handle intricate customer pricing and tailored discounts sets it apart from competitors.
As Symphony Commerce continues to grow, it is also expanding its team. The company currently employs 26 staff members, and with the new funding, it plans to scale up. A larger team means more innovation, better customer support, and ultimately, a stronger market presence.
The Northern Powerhouse Investment Fund II plays a crucial role in this ecosystem. By supporting companies like Symphony, it fosters local opportunities and drives sustainable economic growth. This initiative is vital for the North of England, where access to finance can be a significant barrier for emerging businesses.
Investors are optimistic about Symphony’s future. The company is rapidly building its customer base in the B2B sector, and its potential to become a leader in this field is evident. With a fresh brand and substantial investment, the foundations are in place for Symphony to soar.
The digital commerce landscape is evolving. Businesses are increasingly recognizing the importance of tailored solutions that address their specific needs. Symphony Commerce is leading this charge, providing a platform that empowers clients to outpace their competition.
In a world where agility and precision are paramount, Symphony Commerce stands out. It equips businesses with the tools they need to thrive in a demanding environment. The company’s vision is clear: to enable clients to become leaders in their industries.
As Symphony embarks on this new chapter, the industry will be watching closely. The combination of innovative technology, strategic funding, and a dedicated team positions Symphony Commerce for success. The future looks bright for this ambitious startup.
In conclusion, Symphony Commerce is not just another player in the e-commerce arena. It’s a beacon of innovation, a catalyst for change in the B2B sector. With its recent funding and a clear vision, Symphony is ready to redefine what’s possible in digital commerce. The symphony has begun, and the world is listening.
Founded in 2015 by Kevin Jones and Stewart Reynolds, Symphony Commerce has transformed the way wholesalers, distributors, and manufacturers operate online. With over 2,000 customers, including industry giants like Toshiba and Daisy Telecom, the company is not just surviving; it’s thriving.
The latest funding round was backed by notable investors, including NPIF II – Mercia Equity Finance and the Greater Manchester Combined Authority. This investment is part of a larger initiative to bolster innovation and economic growth in the North of England. The Northern Powerhouse Investment Fund II aims to provide essential capital to smaller businesses that often struggle to secure funding.
Symphony Commerce is at the forefront of this movement. Its platform allows businesses to create customized e-commerce sites, customer portals, and product catalogs. This flexibility is crucial in the B2B landscape, where each client has unique needs. The platform excels in managing complex pricing strategies and personalized experiences, ensuring that businesses can cater to diverse customer bases.
The rebranding from Shopblocks to Symphony Commerce marks a significant shift. It reflects the company’s commitment to enhancing its offerings and expanding its reach. With new features and functionalities on the horizon, Symphony is poised to elevate the customer experience.
The company’s growth trajectory is impressive. In just 18 months, it has nearly doubled its annual recurring revenue to €1.6 million. The goal? To triple that figure within the next three years. This ambitious target underscores the confidence investors have in Symphony’s potential.
The integration capabilities of Symphony’s platform are a game-changer. It seamlessly connects with ERP, finance, and marketing software, allowing businesses to unify their operations. This integration is not just a convenience; it’s a necessity in today’s fast-paced market. Companies need to streamline their processes to stay competitive.
The B2B sector is often overlooked in the e-commerce conversation. Many platforms cater primarily to B2C operations, leaving a gap for businesses that require more complex solutions. Symphony Commerce fills this void. Its ability to handle intricate customer pricing and tailored discounts sets it apart from competitors.
As Symphony Commerce continues to grow, it is also expanding its team. The company currently employs 26 staff members, and with the new funding, it plans to scale up. A larger team means more innovation, better customer support, and ultimately, a stronger market presence.
The Northern Powerhouse Investment Fund II plays a crucial role in this ecosystem. By supporting companies like Symphony, it fosters local opportunities and drives sustainable economic growth. This initiative is vital for the North of England, where access to finance can be a significant barrier for emerging businesses.
Investors are optimistic about Symphony’s future. The company is rapidly building its customer base in the B2B sector, and its potential to become a leader in this field is evident. With a fresh brand and substantial investment, the foundations are in place for Symphony to soar.
The digital commerce landscape is evolving. Businesses are increasingly recognizing the importance of tailored solutions that address their specific needs. Symphony Commerce is leading this charge, providing a platform that empowers clients to outpace their competition.
In a world where agility and precision are paramount, Symphony Commerce stands out. It equips businesses with the tools they need to thrive in a demanding environment. The company’s vision is clear: to enable clients to become leaders in their industries.
As Symphony embarks on this new chapter, the industry will be watching closely. The combination of innovative technology, strategic funding, and a dedicated team positions Symphony Commerce for success. The future looks bright for this ambitious startup.
In conclusion, Symphony Commerce is not just another player in the e-commerce arena. It’s a beacon of innovation, a catalyst for change in the B2B sector. With its recent funding and a clear vision, Symphony is ready to redefine what’s possible in digital commerce. The symphony has begun, and the world is listening.