Epazz Inc. is a cloud business software company that specializes in providing cloud software which save Businesses and Governments Money.
Epazz, Inc. is raising $500,000 with a minimum reservation of $2,500.
- Funding Goal $500,000
- Minimum Reservation $2,500
- Open Date 04/01/2015
- Closing Date 04/10/2015
- Interest (% per year) 12.00%
- Term Length (Months) 48 months
- Acquired over 7 Software Companies
- Generating Revenue
- Building a Sales Force
Epazz is a leading cloud software business solutions company. We have over 500 customers; many of them are Fortune 500 Companies, Government Agencies, Healthcare providers and universities.
Epazz, Inc. is an enterprise cloud business process software company. Epazz provides business process software products over 800 customers including Fortune 500 Companies, government agencies, health providers and post-secondary institutions. Our applications are portal software, telephony software, resource scheduling software, quality assurance software and medical billing software.
Epazz acquired 11 companies during 2008 to 2014. Epazz integrates BoxesOS into the acquired companies’ software products to decrease development costs and provide those software products with a clear and manageable user interface.
Epazz used term loans and short-term financing in order to acquired the companies. The company is looking to consolidate its business debt into a SBA 7a loan or preferred offering in order to save money on interest and to increase cash flow. The company will use the saving to retain jobs and create additional jobs. The increase in staffing will for Epazz to take advantage of new sales opportunities. These opportunities include a contract with the state of Ohio to implement Epazz software to all of the state healthcare facilities. Epazz needs additional personnel to complete the project and then use the project as a great marketing case study in order to get more government contracts and private sector contract.