About Simplus
Simplus is a company based in Sandy (United States) founded in 2014 was acquired by Infosys in February 2020.. Simplus has raised $69.9 million across 16 funding rounds from investors including Infosys, SVB and Kensington Capital Partners. Simplus has completed 6 acquisitions, including Baldpeak Consulting, Basati and CLOUT Partners.
- Headquarter Sandy, United States
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$69.9 M (USD)
in 16 rounds
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Latest Funding Round
$21.36 M (USD), Series C
Jan 31, 2019
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Investors
Infosys
& 9 more
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Employee Count
Employee Count
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Investments & Acquisitions
Baldpeak Consulting
& 5 more
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Acquired by
Infosys
(Feb 10, 2020)
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Funding Insights of Simplus
Simplus has successfully raised a total of $69.9M across 16 strategic funding rounds. The most recent funding activity was a Series C round of $21.36 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 16
- Last Round Series C — $21.4M
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First Round
First Round
(16 Dec 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Series C - Simplus | Valuation |
investors |
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| Jan, 2019 | Amount | Debt – Venture - Simplus | Valuation |
investors |
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| Sep, 2018 | Amount | Series B - Simplus | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Simplus
Simplus has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Infosys, SVB and Kensington Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm making growth equity investments in multiple sectors
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Founded Year | Domain | Location | |
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Early-stage technology companies are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Liquidity solutions are provided to private shareholders and companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Simplus
Simplus has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Baldpeak Consulting, Basati and CLOUT Partners. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Business consulting services are offered to various clients.
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2016 | ||||
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HR management services are provided by CLOUT Partners.
|
2014 | ||||
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Salesforce-focused IT consulting solutions are provided to businesses.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Simplus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Simplus Comparisons
Competitors of Simplus
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Simplus
When was Simplus founded?
Simplus was founded in 2014.
Where is Simplus located?
Simplus is headquartered in Sandy, United States. It is registered at Sandy, Utah, United States.
Is Simplus a funded company?
Simplus is a funded company, having raised a total of $69.9M across 16 funding rounds to date. The company's 1st funding round was a Series B of $8.05M, raised on Dec 16, 2014.
What does Simplus do?
Simplus provides of Salesforce implementation consultancy services to enterprises. They provide business integration, Configure Price Quote (CPQ), billing Contract Lifecycle Management (CLM), and cloud incorporation solutions. They offer implementation services for Steelbrick, Salesforce. They also provide training, custom configuration, consultancy and IT support services. They are a Platinum Salesforce Partner and an Oracle Gold Partner.
How many acquisitions has Simplus made?
Simplus has made 6 acquisitions, including Baldpeak Consulting, Basati, and CLOUT Partners.
Who are Simplus's investors?
Simplus has 10 investors. Key investors include Infosys, SVB, Kensington Capital Partners, University Growth Fund, and EPIC Ventures.