# Simpplr

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/simpplr

- Industry: Software
- Headquarters: Redwood City, US
- Website: www.simpplr.com
- Total disclosed funding: $131M
- Latest round: Series D (May 2, 2023)
- Investors on record: 5

## About

Based in the US, Simpplr Inc. operates as a provider of advanced intranet and employee experience solutions, enhancing communication and engagement within organizations.Simpplr Inc. develops an employee experience platform that focuses on improving corporate communication and culture. Founded in 2014, the company is headquartered in Redwood City, US. The firm has successfully completed a total of 6 deals, with the most recent being a Series D funding round on May 2, 2023, where it raised USD 70.00 mn led by Sapphire Ventures and supported by Norwest Venture Partners, Salesforce Ventures, and Tola Capital. The total amount raised by the company stands at USD 70.00 mn with a current valuation of USD 491.49 mn. The founders of Simpplr are Dhiraj Sharma and Piyush Rajput, with Dhiraj Sharma serving as the CEO.Simpplr specializes in delivering an advanced intranet and employee experience platform that integrates various functionalities designed to enhance employee communication, recognition, and interaction within organizations. The platform includes an AI Assistant for personalized issue resolution, an Enterprise Search function for seamless access to company-wide data, and tools for creating engaging newsletters and conducting AI-powered surveys. These offerings aim to improve workplace culture by fostering recognition among employees while streamlining internal communication processes. The company serves clients across diverse industries such as healthcare, manufacturing, state and local government, technology, and professional services, with a substantial presence in North America and Europe.Simpplr operates on a subscription-based revenue model, where clients pay for access to its suite of products and services, including the intranet platform and AI Assistant. The transactions primarily occur in a business-to-business (B2B) context, allowing organizations to subscribe for internal use. Pricing structures are designed to accommodate various client sizes, with options for additional features based on specific user requirements.Simpplr plans to utilize the USD 70.00 mn raised in its Series D funding round to further develop its product offerings. The company is focused on enhancing its platform capabilities and expanding its market presence. Specific upcoming products and their release dates are not disclosed. Simpplr is also targeting expansion into additional geographic markets, although details on specific regions and timelines are not provided.

## Funding rounds

- Series D, May 2, 2023, $70M — Norwest Venture Partners, Sapphire Ventures, Tola Capital, Salesforce Ventures
- Series C, Jul 14, 2021, $32M — Norwest Venture Partners, Tola Capital, Salesforce Ventures, Still Venture Capital
- Series B, Jun 1, 2020, $10M — Norwest Venture Partners, Salesforce Ventures
- Series B, Jun 7, 2019, $5M — Norwest Venture Partners, Salesforce Ventures, Still Venture Capital
- Series B, Mar 2, 2018, $8.1M — Norwest Venture Partners, Salesforce Ventures
- Series A, Aug 23, 2016, $6M — Norwest Venture Partners, Salesforce Ventures

## Investors

- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series A, Series B, Series C, Series D
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A, Series B, Series C, Series D
- Still Venture Capital — Series B, Series C
- Tola Capital (https://capitalatlas.ai/funds/tola-capital) — Series C, Series D
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series D