What is Simacor?
Founded in 1987, Simacor is a seasoned IT solutions provider with deep expertise in JD Edwards, Web Application Development, Infor Lawson, and Business Analysis. The company offers comprehensive consulting services and business solutions, deploying skilled consultants for both short-term projects and long-term engagements. Simacor's core competencies include the development of custom business applications, the strategic redesign of legacy systems, and the implementation of JD Edwards and Lawson upgrades. Their commitment to exceptional customer service has cultivated a strong reputation, leading to a high rate of repeat business from a loyal client base.
How much funding has Simacor raised?
Simacor has raised a total of $841K across 2 funding rounds:
Debt
$350K
Debt
$491K
Debt (2020): $350K with participation from PPP
Debt (2021): $491K led by PPP
Key Investors in Simacor
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Simacor?
The recent major strategic investment signifies a pivotal moment for Simacor, likely enabling further expansion of its service offerings and technological capabilities. This capital injection, within the context of its enterprise-level funding, suggests a focus on scaling operations, enhancing its JD Edwards and Infor Lawson expertise, and potentially exploring new market segments. Simacor's established track record and focus on client retention position it well to leverage this new financing for sustained growth and innovation in the competitive IT solutions landscape.
See full Simacor company page
