Simplus

Simplus is a privately held company and provider of Salesforce Quote-to-Cash consulting, implementations, change management, advisory services, and managed services. Simplus is headquartered in Salt Lake City, Utah, and was founded in 2014.[1] As of 2019, Simplus has over 500 employees located in four continents and spanning 17 different nationalities and 20 languages. Simplus is getting acquired by India-based IT exporter Infosys by the fourth quarter of FY 2020[2].

Simplus
Private
IndustryIT Services
Founded2014
HeadquartersSalt Lake City, Utah
Key people
Ryan Westwood (CEO), Isaac Westwood (COO), Paul Fletcher (CFO), Amy Cook (CMO), Mike Lockert (CRO), Gilles Muys (VP of Customer Solutions), Lance Evanson (EVP of Business Development), Tanner Ainge (VP of Corporate Development), Ryan Northington (VP of North American Delivery)
ProductsSalesforce
ServicesImplementation Services, Advisory Services, Change Management, Managed Services, Data Integration
Websitewww.simplus.com

History

Simplus was co-founded by current CEO, Ryan Westwood, and current COO, Isaac Westwood, in 2014 under the name Outbox Systems. Simplus has since grown within the consulting partner tiers at Salesforce and received four investment rounds from Salesforce. Simplus has supported its growth with several high-level acquisitions, awards, and executive appointments.[3][4][5] Simplus expanded its solution delivery team with an office in Manila in the summer of 2017. In 2019, Simplus launched Simplus Australia and Simplus Europe after completing international acquisitions.[6] The company has been recognized by Utah Business, USA Today, Business Insider, Entrepreneur, and Inc. for its workplace culture and successful onboarding of new employees gained through acquisitions.[7][8][9][10][11]. Infosys, IT exporter from India acquired Simplus in the month of Feb 2019[12].

Funding

Simplus closed its first funding round in September of 2016 and raised $7.3 million in the Series A.[13] In November 2017, Simplus raised another $9.3 million in a Series B funding round.[14][15] EPIC Ventures and Salesforce Ventures participated in both rounds.[16] A Series C funding round was completed in 2019, led by KSV and Salesforce Ventures, raising $20 million for a total of $42 million raised to date.[17][18][19]

Acquisitions

In 2016 Simplus completed its first acquisition with the Los Angeles-based consultant group BaldPeak Consulting.[20] In 2017 Simplus acquired three companies, including EDL Consulting, Basati, and CRM Manager.[21][22][23] In 2018, Simplus acquired a Salesforce and Oracle partner, the Silicon-Valley based CirrusOne.[24][25][26][27][28] In 2019, Simplus acquired Sqware Peg, a Salesforce consulting partner located in Australia, and Clout Partners, a Salesforce consulting partner based in Dublin and London.[29][30][31][32][33][34] In total, Simplus has completed seven acquisitions in three years.[35]

Partners

Simplus’ previous partnership with SteelBrick (now known as Salesforce CPQ since acquired by Salesforce) was key to Simplus’ growth and rising presence in the market. Currently, Simplus continues a strong partnership with Salesforce as well as with other third-party Salesforce application partners, including DocuSign, Conga, Prodly, and enosiX.[36][37][38][39]

Simplus is certified in the full suite of digital transformation products from its partner, Conga, and has a practice dedicated to the DocuSign Agreement Cloud offering.[40][41]

Awards
  • Business Insider, 2017, Best Small Companies to Work For [42]
  • Entrepreneur, 2017, Best Company Culture, Medium-Sized Companies [43]
  • USA Today/Comparably, 2017 [44]
    • Best Company Culture
    • Best Company Outlook
    • Best Company Teams
    • Best Company eNPS
    • Best Teams Marketing
    • Best Company Salt Lake City
  • Utah Business, 2018, CEO of the Year [45]
  • USA Today/Comparably, 2018, Best Managers, small- and mid-sized companies [46]
  • Inc., 2019, Best Workplaces[47]
  1. "Simplus: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2019-07-02.
  2. Simplus, Infosys to buy US-based. "Infosys to buy US-based Salesforce partner Simplus". Infosys. Retrieved 11 February 2020.
  3. "Bloomberg - Are you a robot?". www.bloomberg.com. Retrieved 2019-08-14.
  4. "Fastest Growing Companies List Announced by Growjo – Growjo Industry Awards". VentureBeat. 2019-04-09. Retrieved 2019-07-02.
  5. "Simplus: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2019-07-02.
  6. Simplus (2019-11-20). "Simplus Announces the Opening of International Offices in London and Dublin". GlobeNewswire News Room. Retrieved 2019-12-18.
  7. "Welcome Wagon: How One Company's Attention To New Employees Translates To Success". Utah Business. 2018-06-08. Retrieved 2019-07-02.
  8. "Google, Microsoft and Starbucks are some of the best places to work in the US, workers say". USA TODAY. Retrieved 2019-07-02.
  9. Staff, Entrepreneur (2017-02-21). "Medium-Sized Companies: The Best Company Cultures in 2017". Entrepreneur. Retrieved 2019-07-02.
  10. Bernard, Julie Bort, Zoë. "The 50 best small companies to work for of 2017, according to employees". Business Insider. Retrieved 2019-07-02.
  11. Staff, Inc (2019-05-16). "The 346 Best Places to Work in 2019". Inc.com. Retrieved 2019-07-02.
  12. Simplus, Infosys to buy US-based. "Infosys to buy US-based Salesforce partner Simplus". Press Release. Retrieved 11 February 2020.
  13. Rawle, Chris (2016-10-04). "Simplus Raises $7.3M Series A Round, Acquires BaldPeak Consulting, Let's Celebrate With A Poem". Medium. Retrieved 2019-07-02.
  14. "The Funded: 11 Bay Area startups raise more than $200M, three sold, at week's end". www.bizjournals.com. Retrieved 2019-07-02.
  15. "Simplus Closes $9.3 Million Funding Round, Acquires CRM Manager". www.businesswire.com. 2017-12-01. Retrieved 2019-07-02.
  16. "Simplus Closes $9.3 Million Funding Round, Acquires CRM Manager". www.businesswire.com. 2017-12-01. Retrieved 2019-07-02.
  17. Griffin, Elle (2019-01-31). "Simplus Raises $20 Million, Announces Global Expansion". Utah Business. Retrieved 2019-07-02.
  18. "Salesforce Plops $15M in Simplus in Global CRM Takeover Attempt". Grit Daily. 2019-01-30. Retrieved 2019-07-02.
  19. "Term Sheet -- Thursday, January 31". Fortune. Retrieved 2019-07-02.
  20. "L.A. subscription billing startup sells to Simplus". www.bizjournals.com. Retrieved 2019-07-02.
  21. "Dreamforce 2017 - CloudSense raises $77m, Simplus buys CRM Manager". diginomica. 2017-11-06. Retrieved 2019-07-02.
  22. "Simplus to Acquire EDL Consulting". PRWeb. Retrieved 2019-07-02.
  23. Dec 4, Joe Panettieri •; 2017 (2017-12-04). "Simplus Raises $9.3M, Acquires Fourth Salesforce Partner". ChannelE2E. Retrieved 2019-07-02.CS1 maint: numeric names: authors list (link)
  24. "Term Sheet -- Tuesday, February 6". Fortune. Retrieved 2019-07-02.
  25. "Simplus Acquires Silicon Valley–Based CirrusOne". www.businesswire.com. 2018-02-02. Retrieved 2019-07-02.
  26. May 18, Joe Panettieri •; 2018 (2018-05-18). "Simplus Acquires Salesforce, Oracle Partner CirrusOne". ChannelE2E. Retrieved 2019-07-02.CS1 maint: numeric names: authors list (link)
  27. FinSMEs (2018-02-04). "Simplus Acquires CirrusOne". FinSMEs. Retrieved 2019-07-02.
  28. "Configure, Price, Quote (CPQ) software tools market consolidating in US". www.consulting.us. Retrieved 2019-07-02.
  29. Feb 1, Ty Trumbull •; 2019 (2019-02-01). "Simplus Acquires Sixth Salesforce Partner, Raises $20M". ChannelE2E. Retrieved 2019-07-02.CS1 maint: numeric names: authors list (link)
  30. "US tech giant Salesforce creates a $50m Australian VC fund to back start-ups". Australian Financial Review. 2019-03-04. Retrieved 2019-07-02.
  31. Mascarenhas, Natasha (2019-03-05). "Salesforce Ventures Brings Australian Startups $50M In New Fund". Crunchbase News. Retrieved 2019-07-02.
  32. "Salesforce Ventures sets aside $50m for Australia". CRN Australia. Retrieved 2019-07-02.
  33. Griffin, Elle (2019-01-31). "Simplus Raises $20 Million, Announces Global Expansion". Utah Business. Retrieved 2019-07-02.
  34. Dec 9, Ty Trumbull •; 2019 (2019-12-09). "Salesforce Cloud Partner Acquired: Simplus Buys Clout". ChannelE2E. Retrieved 2019-12-18.CS1 maint: numeric names: authors list (link)
  35. "Simplus announces acquisition of Clout Partners | Business Leader News". Business Leader. 2019-12-09. Retrieved 2019-12-18.
  36. "Systems integrators go all in on DocuSign Agreement Cloud". finance.yahoo.com. Retrieved 2019-07-02.
  37. "Conga Announces Simplus Has Achieved Certifications on the Full Suite of Conga Digital Transformation Products". MarketWatch. Retrieved 2019-07-02.
  38. "Simplus Partners with Prodly in Push to Streamline CPQ Implementation". StreetInsider.com. Retrieved 2019-07-02.
  39. "Simplus and enosiX, Inc. Announce Partnership to Streamline SAP® Integration with Salesforce CPQ". Crunchbase. Retrieved 2019-07-02.
  40. "Conga Announces Simplus Has Achieved Certifications on the Full Suite of Conga Digital Transformation Products". MarketWatch. Retrieved 2019-07-02.
  41. "Systems integrators go all in on DocuSign Agreement Cloud". finance.yahoo.com. Retrieved 2019-07-02.
  42. "The 50 best small companies to work for of 2017, according to employees". Business Insider. Retrieved 2018-06-13.
  43. Staff, Entrepreneur (2017-02-21). "Medium-Sized Companies: The Best Company Cultures in 2017". Entrepreneur. Retrieved 2018-06-13.
  44. "Simplus Company Details". Comparably. Retrieved 2018-06-13.
  45. "Ryan Westwood: CEO of the Year - Utah Business". utahbusiness.com. Retrieved 2018-06-13.
  46. "Costco, Facebook land top spots for best leadership". USA TODAY. Retrieved 2018-06-13.
  47. Staff, Inc (2019-05-16). "The 346 Best Places to Work in 2019". Inc.com. Retrieved 2019-06-05.
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