INVESTMENT YEAR
2017
REALISATION YEAR
2018
SECTOR
Technology
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Global Robotic Process Automation (RPA) services firm

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. Symphony enables digital transformation by helping clients design, implement and support a better way of working.

In just three years Symphony has grown into an unrivalled 120-person team of talented professionals worldwide. In 2016 Symphony was ranked the #1 RPA Pure Play Specialist by HfS Research and it has a global portfolio of firms in more than 21 countries across financial services, telecommunications, healthcare, logistics and the public sector.

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Rapid growth in the RPA market
  • During our investment, we supported Symphony to make new hires within its core markets in the U.S., U.K. and Poland, and to extend its capabilities into new geographies including India and Latin America. This strategy included supporting Symphony to double its headcount as it looked to capitalise on a market that is expected to reach £920m by 2021.
  • In 2017 Symphony launched Symphony Labs in order to catalyse new digital transformation opportunities. This included the appointment of seasoned RPA expert Chris Gayner to spearhead the development of the project.
  • In 2018, Symphony Ventures was sold to SYKES, an international business process outsourcing firm listed on NASDAQ for a 2.4x multiple.
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Symphony Ventures timeline

2014 Symphony founded
2015 Symphony recognised by Gartner as a Cool Vendor
2016 Symphony ranked #1 RPA Pure Play Specialist by HfS Research
2017 Livingbridge invest
2018 Becomes first RPA pureplay to get Blue Prism Gold Level Capability Provider Certification
2018 Wins prestigious Scale-up/High Growth Team of the Year award from the UK Business Angels Association
2018 Successful sale to SYKES, an international business process outsourcing firm listed on NASDAQ