Simility Overview
- Year Founded
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2014
- Status
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Acquired/Merged
- Latest Deal Type
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M&A
- Latest Deal Amount
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$107M
- Investors
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1
Simility General Information
Description
Provider of a cloud-based fraud prevention platform intended to protect small and medium enterprises from fraud. The company's platform combines artificial intelligence and big data analytics, to auto-categorize, transform and consume data for real-time fraud analysis, enabling businesses to orchestrate complex decisions to reduce friction, improve trust and solve complex fraud problems.
Contact Information
Website
www.simility.comCorporate Office
- 250 Cambridge Avenue
- Suite 201
- Palo Alto, CA 94306
- United States
Corporate Office
- 250 Cambridge Avenue
- Suite 201
- Palo Alto, CA 94306
- United States
Simility Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Merger/Acquisition | 01-Jul-2018 | $107M | Completed | Generating Revenue | ||
4. Early Stage VC (Series A) | 21-Dec-2017 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 15-Nov-2017 | Completed | Generating Revenue | |||
2. Seed Round | 31-May-2016 | $1.5M | $7.2M | Completed | Generating Revenue | |
1. Seed Round | 23-Oct-2015 | $5.7M | $5.7M | Completed | Generating Revenue |
Simility Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A | ||||||||
Seed-2 | ||||||||
Seed | 6,774,361 | $0.000100 | 8% | $0.84 | $0.84 | 1x | $0.84 | 24.43% |
Simility Comparisons
Industry
Financing
Details
Simility Competitors (65)
One of Simility’s 65 competitors is Featurespace, a Venture Capital-Backed company based in Cambridge, United Kingdom.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Featurespace | Venture Capital-Backed | Cambridge, United Kingdom | ||||
Fraud.net | Venture Capital-Backed | New York, NY | ||||
SEON (Network Management Software) | Venture Capital-Backed | Budapest, Hungary | ||||
Human Security | Private Equity-Backed | New York, NY | ||||
Bleckwen | Venture Capital-Backed | Paris, France |
Simility Former Investors (9)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Accel | Venture Capital | Minority | ||
Array Ventures | Venture Capital | Minority | ||
PayPal Ventures | Corporate Venture Capital | Minority | ||
Sam Kingsland | Angel (individual) | Minority | ||
Sheily Chhabria | Angel (individual) | Minority |
Simility FAQs
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When was Simility founded?
Simility was founded in 2014.
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Where is Simility headquartered?
Simility is headquartered in Palo Alto, CA.
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What industry is Simility in?
Simility’s primary industry is Business/Productivity Software.
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Is Simility a private or public company?
Simility is a Private company.
-
What is the current valuation of Simility?
The current valuation of Simility is
. -
What is Simility’s current revenue?
The current revenue for Simility is
. -
How much funding has Simility raised over time?
Simility has raised $25M.
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Who are Simility’s investors?
Accel, Array Ventures, PayPal Ventures, Sam Kingsland, and Sheily Chhabria are 5 of 9 investors who have invested in Simility.
-
Who are Simility’s competitors?
Featurespace, Fraud.net, SEON (Network Management Software), Human Security, and Bleckwen are some of the 65 competitors of Simility.
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When was Simility acquired?
Simility was acquired on 01-Jul-2018.
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Who acquired Simility?
Simility was acquired by PayPal Holdings.
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