What is Simplex-IT?
Simplex-IT, established in 2007, operates as a Managed Service Provider (MSP) dedicated to optimizing IT investments for small and medium-sized businesses in Northeast Ohio. The company offers comprehensive IT support, including both fully managed services and a unique Co-Managed IT (CoMITs) partnership model. This co-managed approach allows internal IT teams to collaborate with Simplex-IT, ensuring seamless technology management. CEO and founder Bob Coppedge is a recognized industry leader in formalized Co-Managed IT services, authoring several influential books on the subject, including "The MSP's Survival Guide to Co-Managed IT services" and "I Don't Want Your Job: Is Co-Managed IT services a Good fit for You?". His expertise also extends to "A CEO's Survival Guide to Information Technology", highlighting Simplex-IT's deep commitment to IT strategy and business alignment.
How much funding has Simplex-IT raised?
Simplex-IT has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Simplex-IT
PPP
Public-Private Partnership
What's next for Simplex-IT?
The substantial large-scale late-stage funding indicates Simplex-IT is poised for significant expansion and market penetration. This capital injection will likely fuel strategic initiatives such as enhancing service offerings, expanding geographical reach, and potentially acquiring complementary businesses. The company's focus on the growing Co-Managed IT services market, coupled with its strong leadership and established client base, positions it for continued success and innovation in the competitive IT solutions landscape.
See full Simplex-IT company page
