simPRO, a Brisbane, Australia-based provider of field service management software, secured an investment of over $350m.
The round was led by K1 Investment Management, with participation from existing investor Level Equity.
Additionally, simPRO announced the acquisitions of ClockShark, a US-based time-sheeting and scheduling platform, as well as AroFlo, an Australia-based job management software provider. Together, the companies support the full lifecycle of a field service organization from sole operator or small business to larger, more complex businesses and franchises.
In addition to supporting the recent acquisitions, the funding will be used to accelerate product investment and scale global operations across the business. The leadership teams of simPRO, ClockShark, and AroFlo will operate independently, including continued service on existing products.
Led by Sean Diljore, CEO, simPRO is a global SaaS business providing field service management solutions to trade and specialty contracting industries. With 200,000 users in Australia, New Zealand, the United States and the United Kingdom, its verticals include security professionals, plumbers, electricians, HVAC, solar and data networking.
Combined, the platforms are used by more than 17,000 businesses, 320,000 users and have over 500 staff in offices throughout Australia, New Zealand, the United Kingdom and the United States, with continued expansion anticipated in all geographies.
simPRO has more than 200,000 users and 400 employees over five global offices.
FinSMEs
24/11/2021