Banking & Finance  January 15, 2020

Software maker simPRO raises $16.4M

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BROOMFIELD — SimPRO Holdings Inc., the U.S. subsidiary of an Australian software company, raised $16.4 million this week.

The entirety of the all-equity fundraiser came from a single investor, according to filings made Tuesday with the U.S. Securities and Exchange Commission.

SimPRO creates web applications for contractors and building maintenance staff, from tracking service calls to automating invoices. The company’s global headquarters is in Brisbane, Australia, and has two other offices in the United Kingdom and New Zealand.

According to previous filings, the company’s American branch last raised $30.5 million in 2016 when it was based in Boulder.

BROOMFIELD — SimPRO Holdings Inc., the U.S. subsidiary of an Australian software company, raised $16.4 million this week.

The entirety of the all-equity fundraiser came from a single investor, according to filings made Tuesday with the U.S. Securities and Exchange Commission.

SimPRO creates web applications for contractors and building maintenance staff, from tracking service calls to automating invoices. The company’s global headquarters is in Brisbane, Australia, and has two other offices in the United Kingdom and New Zealand.

According to previous filings, the company’s American branch last raised $30.5 million in 2016 when it was…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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