What is Simplus?
Simplus operates as a Platinum Salesforce Partner, specializing in complex Quote-to-Cash implementations and comprehensive digital transformation strategies. The company provides a full spectrum of services, including advisory, custom configuration, and change management, all anchored by its 'Success Simplified' philosophy. By integrating leading cloud solutions, Simplus assists enterprises in achieving strategic visions and optimizing performance metrics. With a client portfolio exceeding 1,000 organizations and a top-tier customer satisfaction rating, the firm is recognized as an industry leader in the Salesforce ecosystem, facilitating innovation and sustainable growth for businesses navigating the complexities of modern digital infrastructure.
How much funding has Simplus raised?
Simplus has raised a total of $53.3M across 9 funding rounds:
Other Financing Round
$400K
Angel/Seed
$2M
Series A
$4.2M
Multiple Rounds
$19.1M
Private Equity
$1M
Debt
$6.5M
Series C
$20M
Other Financing Round (2014): $400K with participation from Josh James, Darby Smith, Rick Alden, Greg Warnock, Todd Pedersen, Travis Johnson, and Alan Hall
Angel/Seed (2015): $2.1M led by Silicon Valley Bank, Epic Ventures, Infinite Investments, and Service Provider Capital
Series A (2015): $4.2M supported by Eric Morgan, Silicon Valley Bank, Epic Ventures, Godard Abel, Service Provider Capital, and Scott Cunningham
Private Equity (2017): $1.3M, investors not publicly disclosed
Series B (2017): $9.3M backed by Salesforce Ventures, EPIC Ventures, and Cross Creek Advisors
Debt (2017): $8.5M with participation from Silicon Valley Bank
Private Equity (2018): $1M, investors not publicly disclosed
Debt (2019): $6.5M supported by Silicon Valley Bank
Series C (2019): $20M featuring Cross Creek Advisors, Epic Ventures, University Growth Fund, Savano Capital Partners, and Salesforce Ventures
Key Investors in Simplus
Salesforce Ventures
The investment arm of the global CRM leader, focusing on accelerating the growth of companies that build on the Salesforce platform.
Cross Creek Advisors
A venture capital firm specializing in late-stage direct crossover investments and providing unique insights into the public markets.
Silicon Valley Bank
A premier financial partner for the innovation economy, providing commercial banking and debt financing solutions to high-growth technology companies.
What's next for Simplus?
Looking ahead, the infusion of capital positions Simplus to accelerate its market penetration and enhance its service delivery capabilities. The company is expected to focus on deepening its technical bench and expanding its footprint within the global Salesforce consulting landscape. By prioritizing high-value managed services and strategic advisory, Simplus is well-equipped to address the evolving needs of enterprise clients. The firm's ability to maintain strong relationships with institutional backers, including Salesforce Ventures and Cross Creek Advisors, suggests a continued emphasis on scaling operations while maintaining the high-touch, results-oriented service model that has defined its success to date.
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