Outbox Systems

SoftwareSeries CSalt Lake City, USsimplus.com

Latest round

Series C

Last raised

Jan 2019

Total raised

$41M

Investors

10

About Outbox Systems

Outbox Systems, Inc.Founded in 2014, Outbox Systems is based in Salt Lake City, US, focusing on delivering Salesforce-focused services. The firm underwent a strategic acquisition by Infosys Limited in February 2020 for USD 200 mn, with an additional USD 50 mn in milestone payments expected.Simplus specializes in providing a comprehensive suite of Salesforce implementation and optimization services designed to facilitate digital transformation for businesses across various industries. Their core offerings include Strategic Managed Services, which provide resource continuity and flexible capacity planning for the entire Salesforce stack, alongside innovative solutions aimed at addressing specific pain points within organizations. By leveraging their expertise, Simplus assists clients in optimizing their Salesforce investments through seamless multi-cloud implementations, API-based integrations, and customized support services. Their clientele encompasses a diverse spectrum of sectors, including manufacturing, healthcare, and financial services, with a global reach that extends to markets such as North America, Europe, Asia Pacific, and beyond.Simplus generates revenue primarily through its Strategic Managed Services and Salesforce implementation projects, which are structured as B2B contracts with organizations seeking to enhance their digital capabilities. These engagements typically involve long-term partnerships, where clients subscribe to ongoing support services that include training, documentation, and continuous optimization of their Salesforce systems. The pricing structure is designed to accommodate various client needs, often involving customizable plans based on the scale and complexity of the services provided. Flagship offerings, such as comprehensive multi-cloud implementations and tailored Salesforce solutions, play a crucial role in the firm’s revenue stream, enabling clients to maximize their return on investment while ensuring reliable system performance.Outbox Systems is poised for growth following the acquisition by Infosys Limited, which is expected to close in the fourth quarter of 2020. The company plans to leverage the resources and expertise of Infosys to expand its service offerings and enter new geographic markets. Specific plans include the introduction of new Salesforce solutions aimed at enhancing digital transformation for clients in targeted sectors.

Who invested in Outbox Systems

10 investors across 4 rounds

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Funding rounds

  1. Series C

    Jan 29, 2019

    Amount

    $20M

    Investors

    Locked

  2. Series B

    Dec 1, 2017

    Amount

    $9.3M

    Investors

    Locked

  3. Series A

    Sep 30, 2016

    Amount

    $7.3M

    Investors

    Locked

  4. Seed

    Jul 13, 2015

    Amount

    $4.2M

    Investors

    Locked

Questions about Outbox Systems

Who invested in Outbox Systems?

Outbox Systems has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Outbox Systems raised?

Outbox Systems has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Outbox Systems last raise money?

Outbox Systems's most recent round on record is a Series C, in Jan 2019.

What does Outbox Systems do?

Outbox Systems is a software company.

Where is Outbox Systems headquartered?

Outbox Systems is headquartered in Salt Lake City, US.

Which VCs invest in companies like Outbox Systems?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Outbox Systems's stage. Their profiles are linked below.

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