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Software Startup Simplus Secures $17.8 Million

Software Startup Simplus Secures $17.8 Million
Credit: simplus.com

Simplus, a Platinum Salesforce Partner and provider of Quote-to-Cash implementations, announced it has acquired $17.8 million in Series B financing. Three investors participated in the round: EPIC Ventures, Salesforce Ventures, and Cross Creek Capital.

Simplus provides enterprise-wide digital transformation through advisory, implementation, change management, custom configuration, and managed services. According to the company, it served 2,000 clients and moved into the top one percent of implementation partners by customer service rating.

The company used a portion of the $9.3 million equity infusion to acquire CRM Manager, the company’s fourth Salesforce partner acquisition since receiving Series A funding in 2016.