What is Simplus?
Simplus operates as a Platinum Salesforce Partner, specializing in Quote-to-Cash implementations and comprehensive digital transformation. By providing advisory, implementation, and managed services, the firm enables organizations to optimize their Salesforce investments. With a client base exceeding 1000 and a top-tier customer satisfaction rating, Simplus has established itself as a critical infrastructure provider for enterprises seeking to improve performance and increase stakeholder value through cloud-based innovation.
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 Rick Alden, Todd Pedersen, Josh James, Darby Smith, Travis Johnson, Alan Hall, and Greg Warnock
Angel/Seed (2015): $2.1M led by Service Provider Capital, Silicon Valley Bank, Epic Ventures, and Infinite Investments
Series A (2015): $4.2M supported by Epic Ventures, Silicon Valley Bank, Eric Morgan, Scott Cunningham, Godard Abel, and Service Provider Capital
Private Equity (2017): $1.3M, investors not publicly disclosed
Series B (2017): $9.3M backed by Cross Creek Advisors, EPIC Ventures, and Salesforce Ventures
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 University Growth Fund, Cross Creek Advisors, Savano Capital Partners, Epic Ventures, 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 managing late-stage direct crossover funds and growth equity, providing unique insights into the IPO process.
Silicon Valley Bank
A specialized financial institution providing commercial banking and debt financing solutions to high-growth technology companies.
What's next for Simplus?
Following its latest financing round, Simplus is well-positioned to accelerate its expansion strategy. The company is expected to leverage this capital to deepen its technical capabilities, broaden its service offerings, and further penetrate the enterprise market. By maintaining its focus on the Salesforce ecosystem, Simplus aims to solidify its leadership in the digital transformation space, driving long-term growth through continued operational excellence and strategic market alignment.
See full Simplus company page
