Founded in June 2023, Sherpas builds and operates SMPLY, an IT asset-management solution that connects corporate SaaS subscriptions, software licences, and other IT assets in a single workflow. The cloud platform gives enterprises clear visibility into where IT budgets are spent and which tools are actually being used, solving the common problem of fragmented and opaque software stacks. Over roughly two and a half years the team has focused on product development and secured ‘many leading companies’ as paying customers, although specific user or revenue figures were not disclosed. Customer feedback is being used to harden the product and expand functionality. Looking ahead, the company plans to enhance SMPLY with AI-driven features and broaden its reach to transform IT operations for more organisations. Sherpas is actively hiring sales and marketing talent to support this next growth phase. The firm’s financial footing has been strengthened by a recent ₩2.1 billion pre-Series A round backed by multiple institutional investors.

Total raised

$1M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2025