Simplicity Works Overview
- Year Founded
-
2011
- Status
-
Private
- Employees
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20
- Latest Deal Type
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Series A
- Latest Deal Amount
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$3.93M
- Investors
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8
Simplicity Works General Information
Description
Developer of a bonding technology designed to simplify the complicated footwear process. The company's technology utilizes a three-dimensional mold and injecting polymer, all pieces are interconnected, creating high-quality, waterproof products and simplifying the assembly process but also significantly reducing production costs, and facilitating large-scale, local, and fully automated manufacturing, enabling footwear manufacturers to reduce manpower requirements and leather, fabric, and energy consumption.
Contact Information
Website
www.simplicity.worksCorporate Office
- Parque Científico Tecnológico Universidad Miguel Hernández
- Edificio Quorum IV
- 03202 Elche
- Spain
Corporate Office
- Parque Científico Tecnológico Universidad Miguel Hernández
- Edificio Quorum IV
- 03202 Elche
- Spain
Simplicity Works Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Later Stage VC (Series A) | 25-Nov-2023 | $3.93M | Completed | Generating Revenue | ||
| 10. Grant | 01-Aug-2022 | Completed | Generating Revenue | |||
| 9. Grant | 06-Oct-2021 | Completed | Generating Revenue | |||
| 8. Accelerator/Incubator | 01-Sep-2021 | Completed | Generating Revenue | |||
| 7. Angel (individual) | 01-Jan-2015 | Completed | Generating Revenue | |||
| 6. Early Stage VC | 09-Dec-2020 | Completed | Startup | |||
| 5. Early Stage VC (Series B) | 01-Dec-2014 | Completed | Startup | |||
| 4. Early Stage VC (Series A) | 01-Apr-2013 | Completed | Startup | |||
| 3. Accelerator/Incubator | $407K | Completed | Startup | |||
| 2. Seed Round | 01-Sep-2011 | $208K | $407K | Completed | Startup |
Simplicity Works Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | ||||||||
| Ordinary Shares | ||||||||
| Ordinary Shares | 8,333 | $1.074533 | $132.44 | $132.44 | 1x | $132.44 | 0.88% | |
| Ordinary Shares | 83,000 | $1.074533 | $2.7 | $2.7 | 1x | $2.7 | 8.78% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Simplicity Works Patents
Simplicity Works Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2025160466-A1 | Seat with bonded features | Pending | 26-Jan-2024 | ||
| ES-2818994-A1 | Cutting table by numerical control with automatic extraction of parts (machine-translation by google translate, not legally binding) | Pending | 10-Oct-2019 | ||
| WO-2021069778-A1 | Numerically-controlled cutting table with automatic extraction of pieces | Inactive | 10-Oct-2019 | ||
| ES-2751146-A1 | Machine and procedure for the manufacture of three-dimensional items and manufacturing plant associated with the same (machine-translation by google translate, not legally binding) | Inactive | 27-Sep-2018 | ||
| ES-2751142-B2 | Mold for the manufacture of three-dimensional articles | Active | 27-Sep-2018 | B29C45/26 |
Simplicity Works Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Simplicity Works Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| European Commission | Government | Minority | ||
| Horizon 2020 | Government | |||
| European Innovation Council | Accelerator/Incubator | Minority | ||
| Lanzadera Accelerator | Accelerator/Incubator | Minority | ||
| Binomio Ventures | Angel Group | Minority |
Simplicity Works FAQs
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When was Simplicity Works founded?
Simplicity Works was founded in 2011.
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Where is Simplicity Works headquartered?
Simplicity Works is headquartered in Elche, Spain.
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What is the size of Simplicity Works?
Simplicity Works has 20 total employees.
-
What industry is Simplicity Works in?
Simplicity Works’s primary industry is Other Commercial Products.
-
Is Simplicity Works a private or public company?
Simplicity Works is a Private company.
-
What is the current valuation of Simplicity Works?
The current valuation of Simplicity Works is .
-
What is Simplicity Works’s current revenue?
The current revenue for Simplicity Works is .
-
How much funding has Simplicity Works raised over time?
Simplicity Works has raised $4.98M.
-
Who are Simplicity Works’s investors?
European Commission, Horizon 2020, European Innovation Council, Lanzadera Accelerator, and Binomio Ventures are 5 of 8 investors who have invested in Simplicity Works.
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