Simpplr

Simpplr is an enterprise software company that offers a modern intranet platform designed to enhance internal communication, collaboration, and employee engagement within organizations. The company was founded in 2014 and is headquartered in Redwood City, California. [1]

Simpplr
TypePrivate
IndustryEnterprise Software
Founded2014
FounderDhiraj Sharma
HeadquartersRedwood City, California, United States
Key people
Dhiraj Sharma (Founder and CEO) Piyush Rajput (Co-founder and CTO)
ProductsIntranet
Number of employees
460

History

Simpplr was founded by Dhiraj Sharma in 2014, and launched in 2015.[2] Prior to Simpplr, Dhiraj founded Simplion Technologies, a cloud consulting and systems integration company. Simpplr's inception came when Workday asked Sharma to build a new intranet for them. Sharma then started Simpplr to expand on this project, rather than create one custom intranet. [3]

In 2016, Simpplr raised $6 million in Series A financing​​ from Norwest Venture Partners leading the round, and Salesforce Ventures participating.[2]

In 2020, amid the COVID-19 pandemic, Simpplr secured nearly $30 million in its series B round, led by Norwest Venture Partners, with participation from Salesforce Ventures.[4]

In 2021, Simpplr secured $32 million in Series C funding, the round led by Tola Capital, with participation from current investors Norwest Ventures, Salesforce Ventures, and George Still Ventures. In conjunction with the funding, Eddie Kang, Principal with Tola Capital, joined Simpplr’s board.[5]

In 2023, Simpplr secured $70 million in its series D funding round, led by Sapphire Ventures.[6][7] That year Simpplr also acquired Socrates.AI, a generative AI-based virtual employee assistant [8].

References
  1. FinSMEs (2020-08-11). "Simpplr Raises $10M in Series B Funding". FinSMEs. Retrieved 2023-08-25.
  2. Geron, Tomio. "Simpplr Raises $6M for Employee Productivity". WSJ. Retrieved 2023-08-25.
  3. Georgiadis, Fotis (2020-10-28). "Dhiraj Sharma of Simpplr: Five Things You Need To Know To Successfully Manage a Remote Team". Authority Magazine. Retrieved 2023-08-25.
  4. "Simpplr raises $10 million for its AI-powered intranet platform". VentureBeat. 2020-08-11. Retrieved 2023-08-25.
  5. FinSMEs (2021-07-14). "Simpplr Raises $32M in Series C Funding". FinSMEs. Retrieved 2023-08-25.
  6. Wiggers, Kyle (2023-05-02). "Simpplr raises $70M for its AI-powered intranet platform". TechCrunch. Retrieved 2023-08-25.
  7. "Transforming Employee Experience with the Power of AI: Why We're Excited to Lead Simpplr's Series D". Sapphire Ventures. Retrieved 2023-08-25.
  8. Feffer, Mark (2023-09-19). "Simpplr Acquires Socrates.ai to Strengthen Experience Solutions". HCM Technology Report. Retrieved 2023-10-18.
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