Vsimple
Year founded: 2020
Number of employees: 10
Founders: Buddy Bockweg, CEO, Gary Criscillis, CFO, Elia Tautua, customer success manager, and Henry Lynch, VP of product
Amount of capital raised: Undisclosed
Notable investors: Airwing Ventures, Elevate Ventures, Render Capital and a handful of strategic individuals
Explain what your company does: Automation, digital platforms, and other innovations are changing the fundamental nature of work, and Vsimple is at the forefront of this movement. Vsimple is the first Work OS built specifically for manufacturers and distributors. The company’s first-of-its-kind platform brings a company's unique workflows together with communication, collaboration, document creation, document management and data analytics in one digital workspace. It's ready in days, easy to use and highly economical. The company will even connect it to existing business systems, then work closely with organizations to ensure delivery of strong results. Vsimple is preparing companies for the future of work.
What are some major milestones in the company’s history?
Since starting the company in October 2020, Vsimple has achieved a laundry list of milestones. Shortly after launching the product, the first customer was signed in Q2 and has grown its number of users on the platform by more than 10x. The company has continued signing new users while expanding its pipeline throughout 2021. Lastly, a team favorite, Vsimple moved into its new headquarters in the heart of New Albany, Indiana, in November 2021 and looks forward to filling the space with talented team members. With support of the city and state, the first floor is being renovated to create a one-of-a-kind event space to serve a multitude of functions in the community. Before the conclusion of 2021, Vsimple closed its seed round of venture investment, providing it with additional capital to fuel hiring and growth in 2022.
What is your company working on right now?
Vsimple is focused on delivering the future of work, specifically within distribution and dealer networks. After successfully closing its first venture round in December 2021, the team quickly added new team members to bolster its sales and customer success capabilities as it continues to engage with and onboard new customers. The company is also proactively building a team culture with an emphasis on community building. Beyond current initiatives, the team is working tirelessly to deliver bleeding-edge technology with AI, automation and more.
What’s on the horizon for your company in 2022?
The company is aiming to post massive growth figures in 2022, both from a new customer and net retention standpoint. It’ll continue building its team and adding new features and integrations to its platform in support of serving these new and existing customers in a meaningful way so they can continue to thrive.
Why grow your company from the Kentuckiana region?
We’re in the heart of the region our customers often inhabit, and we’re surrounded by talent from all communities (large industry, universities, startups). With Vsimple, we’re excited to build a success pillar for Kentuckiana.
