How Much Did Simple Systems Raise?
Funding & Key Investors

Simple Systems has secured $60K in recent financing, contributing to a total funding amount of $60K. This capital infusion, characterized as substantial expansion capital, underscores the company's significant Series B/C stage of growth. The financing round aims to fuel further development and market penetration for the Managed I.T. Services provider.

What is Simple Systems?

Simple Systems
Business ServicesSoftware Testing

Simple Systems specializes in providing comprehensive Managed I.T. Services, offering clients the full spectrum of support typically associated with an in-house I.T. department, but at a more cost-effective price point. Established in 2007, the company has built a reputation for efficient and high-quality service delivery, often exceeding client expectations by completing projects ahead of schedule. The expansion of their services to include a retail location in Holladay, Utah, in 2012, demonstrates a commitment to serving both business and home PC customers with accessible and affordable technical support and solutions.

How much funding has Simple Systems raised?

Simple Systems has raised a total of $60K across 1 funding round:

2024

Debt

$60K

Debt (2024): $60K with participation from Celtic Bank

Key Investors in Simple Systems

Celtic Bank

Celtic Bank is a financial institution that has provided debt financing to Simple Systems, supporting their recent expansion efforts.

What's next for Simple Systems?

With the recent influx of substantial expansion capital, Simple Systems is poised for accelerated growth. The company's strategic focus will likely involve scaling its operational capacity to meet increasing demand for its managed I.T. services. This could include expanding its service offerings, enhancing its technological infrastructure, and potentially broadening its geographic reach. The Series B/C stage funding indicates a transition towards significant market expansion and solidifying its position as a leading provider of outsourced I.T. solutions, aiming to capture a larger share of the business technology services market.

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Frequently Asked Questions Regarding Simple Systems Financial Insights

What are the most recent funding rounds that Simple Systems has completed, and what were the funding rounds?
Simple Systems has recently completed 1 funding rounds: Debt on Dec 31, 2024.
What is the total amount of funding Simple Systems has raised to date?
Simple Systems has raised a total of $60K in funding to date.
How many funding rounds has Simple Systems completed?
Simple Systems has completed 1 funding rounds.
How much funding did Simple Systems raise in its most recent funding round?
Simple Systems raised $60K in its most recent funding round.
Who are the lead investors in Simple Systems's latest funding round?
The lead investor in Simple Systems's latest funding round was Celtic Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Simple Systems's history?
The largest funding round in Simple Systems's history was $60K.
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