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ABGSC acted as financial advisor to Simplifai in connection with the NOK 6m private placement
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On 18 March 2020, Simplifai announced the successful completion of a private placement raising gross proceeds of NOK ~ 6m.
Simplifai was founded in 2017 and has grown rapidly, reaching revenues of NOK 12m in 2019. Today, Simplifai is a global organization with ~70 employees across offices in Norway, India, and Ukraine. The company offers an array of off-the-shelf digital employees, automating e.g. customer service, case management or invoice management. Existing investors Agera and MP Pensjon are joined by NHO funds. The net proceeds will be used to accelerate sales and software development.