About Simpplr
Simpplr is a company based in Milpitas (United States) founded in 2014 by Dhiraj Sharma and Piyush Rajput.. Simpplr has raised $118 million across 4 funding rounds from investors including Norwest Venture Partners, Sapphire Ventures and Tola Capital. The company has 236 employees as of March 30, 2024. Simpplr has completed 1 acquisition, including Simpplr. Simpplr offers products and services including Intranet, AI Assistant, Enterprise Search, and Newsletter. Simpplr operates in a competitive market with competitors including RingCentral, Dialpad, Fuze, Weave and Beekeeper, among others.
- Headquarter Milpitas, United States
- Employees 236 as on 30 Mar, 2024
- Founders Dhiraj Sharma, Piyush Rajput
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Simpplr Software India Private Limited
- Date of Incorporation 04 Nov, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$7.67 M (USD)62.43as on Mar 31, 2023
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Net Profit
$749.26 K (USD)59.47as on Mar 31, 2023
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EBITDA
$1.14 M (USD)28.25as on Mar 31, 2023
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Total Equity Funding
$118 M (USD)
in 4 rounds
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Latest Funding Round
$70 M (USD), Series D
May 02, 2023
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Investors
Norwest Venture Partners
& 3 more
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Employee Count
236
as on Mar 30, 2024
- Investments & Acquisitions
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Products & Services of Simpplr
Simpplr offers a comprehensive portfolio of products and services, including Intranet, AI Assistant, Enterprise Search, and Newsletter. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for unifying employee communication and collaboration tools.
Provides personalized and fast resolution for employee issues.
Offers single search for enterprise-wide data access.
Delivers personalized content to engage employees.
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Software Development Team
31 people
Product Management Team
14 people
Leadership Team
7 people
Sales and Marketing
6 people
Operations Team
5 people
Customer Team
4 people
Human Resources and Administration
4 people
Senior Team
4 people
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Funding Insights of Simpplr
Simpplr has successfully raised a total of $118M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $70 million completed in May 2023. 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 4
- Last Round Series D — $70.0M
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First Round
First Round
(29 Sep 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series D - Simpplr | Valuation | Sapphire Ventures | |
| Jul, 2021 | Amount | Series C - Simpplr | Valuation | Tola Capital | |
| Aug, 2020 | Amount | Series B - Simpplr | Valuation | Norwest Venture Partners |
| 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 Simpplr
Simpplr has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Norwest Venture Partners, Sapphire Ventures and Tola Capital. 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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Venture capital firm partnering with enterprise software companies and early-stage funds.
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Founded Year | Domain | Location | |
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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Early & Growth stage Tech-focused venture capital firm funding companies in the US, Canada & Europe
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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 Simpplr
Simpplr has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Simpplr. 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
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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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AI-based platform for managing employee queries and communications is provided.
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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.
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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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Simpplr
| 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 |
Simpplr Comparisons
Competitors of Simpplr
Simpplr operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RingCentral, Dialpad, Fuze, Weave and Beekeeper, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| domain | founded_year | HQ Location |
Enterprise communication platform is offered for multiple industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Simpplr
Frequently Asked Questions about Simpplr
When was Simpplr founded?
Simpplr was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Simpplr located?
Simpplr is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Who is the current CEO of Simpplr?
Dhiraj Sharma is the current CEO of Simpplr. They have also founded this company.
Is Simpplr a funded company?
Simpplr is a funded company, having raised a total of $118M across 4 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Sep 29, 2016.
How many employees does Simpplr have?
As of Mar 30, 2024, the latest employee count at Simpplr is 236.
What is the annual revenue of Simpplr?
Annual revenue of Simpplr is $7.67M as on Mar 31, 2023.
What does Simpplr do?
Simpplr was founded in 2014 in Milpitas, United States, as an AI-interfaced employee communication platform within the technology sector. Employees are connected across departments, locations, and time zones through features such as collaboration tools, information sharing, profile matching, content sharing, social workspaces, and an employee directory. Operations are supported by a subscription-based pricing model for organizational use.
Who are the top competitors of Simpplr?
Simpplr's top competitors include Dialpad, RingCentral and Beekeeper.
What products or services does Simpplr offer?
Simpplr offers Intranet, AI Assistant, Enterprise Search, and Newsletter.
How many acquisitions has Simpplr made?
Simpplr has made 1 acquisition, including Simpplr.
Who are Simpplr's investors?
Simpplr has 4 investors. Key investors include Norwest Venture Partners, Sapphire Ventures, Tola Capital, and Salesforce Ventures.
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