About Cimpl
Cimpl is a Technology company based in Montreal (Canada) founded in 2000, and was acquired by Upland in August 2019. It operates as an IT, telecom and cloud expense management platform. Its focus areas include Enterprise Infrastructure, IT Operations, ITFM and IT Expense Management. Its competitors include Apptio, Anodot, Flexera, Cloudability and Vendr and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Founded in 2000 and headquartered in Montreal, Canada, Cimpl operates as an expense management platform focused on IT, telecom, and cloud sectors. Costs associated with mobility, fixed telecom, cloud, M2M, IT, and UC assets are handled through automated work orders, workflows, and approval processes. Invoice processing is accelerated, inventory of telecom and wireless assets is tracked, savings are monitored, spending trends are compared, disputes are managed, and reports are generated.
- InvestorsUpland Software
& 1 more
- Acquired byUpland
(Aug 2019)
Funding Insights of Cimpl
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Cimpl with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2000 | – | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Cimpl
Cimpl has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Upland Software and Walter Financial.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments in Canada are handled by Walter Financial. | – | walterfinancial.ca | Westmount, Canada | |
Cloud-based software solutions are offered for diverse business operations. | 2010 | uplandsoftware.com | Austin, United States |
Investor details for Cimpl
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Cimpl
3 dated milestones of Cimpl across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Cimpl is founded.
- Funding First funding round.
- Exit Acquired by Upland.
Competitors of Cimpl
Cimpl has 9 listed competitors in our database, 8 of them funded. They include Apptio, Anodot, Flexera, Cloudability and Vendr, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| apptio.com | 2007 | Bellevue, United States | $136M | – | Cloud spending is managed for enterprises through a specialized platform. | |
| anodot.com | 2014 | – | $64M | – | AI based cost management platform | |
| flexera.com | 2008 | Itasca, United States | $5.76M | 755 | Cloud management solutions are delivered via an online IT platform. | |
| cloudability.com | 2011 | Portland, United States | $44.03M | 110 | Cloud expenses are monitored and analyzed for organizational efficiency. | |
| vendr.com | 2018 | Boston, United States | $216.15M | 180 | SaaS management platform is provided for procurement and IT teams. | |
| withorb.com | 2019 | San Francisco, United States | $44.1M | 41 | Infrastructure monitoring is enabled via usage-based billing platform. | |
| densify.com | 1999 | Richmond Hill, Canada | $38.23M | – | Cloud automation for virtual instances is delivered by Densify. | |
| tangoe.com | 2000 | Boulevard, United States | $34.16M | 768 | Cloud-based IT expense life cycle management software is provided. | |
| ariba.com | 1996 | Palo Alto, United States | – | 8 | E-procurement, invoicing, and B2B collaboration software is offered for businesses. |
Detailed competitors of Cimpl
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cimpl
The website of Cimpl (cimpl.com) receives about 2.9K visits a month.
- Monthly visits2.9K
▲ 16.7% vs previous month
Top companies in IT Services & Operations
10 companies that operate in the same segment as Cimpl (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Cimpl
Cimpl was founded in 2000.
Cimpl is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Founded in 2000 and headquartered in Montreal, Canada, Cimpl operates as an expense management platform focused on IT, telecom, and cloud sectors. Costs associated with mobility, fixed telecom, cloud, M2M, IT, and UC assets are handled through automated work orders, workflows, and approval processes. Invoice processing is accelerated, inventory of telecom and wireless assets is tracked, savings are monitored, spending trends are compared, disputes are managed, and reports are generated.
Cimpl has 2 investors. Key investors include Upland Software, and Walter Financial.
Yes. Cimpl was acquired by Upland in August 2019.