SimpleClosure Overview

  • Year Founded
  • 2023

Year Founded

  • Status
  • Private

  • Employees
  • 50

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $15M

  • Investors
  • 8

SimpleClosure General Information

Description

Operator of a business closure platform intended to automate and streamline the dissolution and wind-down process of companies. The company's platform specializes in resolving obligations with customers, state agencies, and team members on behalf of the dissolving business, enabling entrepreneurs to mitigate the risk of fines and penalties and shut down companies effectively.

Contact Information

Website
www.simpleclosure.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 440 North Barranca Avenue
  • Suite 7373
  • Covina, CA 91723
  • United States
Primary Industry
Business/Productivity Software
Other Industries
Other Commercial Services
Legal Services (B2B)
Vertical(s)
Legal Tech, SaaS
Corporate Office
  • 440 North Barranca Avenue
  • Suite 7373
  • Covina, CA 91723
  • United States

SimpleClosure Timeline

202420252026
Date FoundedFinancing RoundCaptured Employee CountEstimated Employee Growth

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SimpleClosure Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC (Series A) 07-May-2025 $15M Completed Generating Revenue
2. Seed Round 27-Feb-2024 Completed Generating Revenue
1. Seed Round 06-Sep-2023 $1.5M $1.5M Completed Product In Beta Test
To view SimpleClosure’s complete valuation and funding history, request access »

SimpleClosure Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-2
Series A-1
Seed-2 1,376,772 $0.000010 $1.09 $1.09 1x $1.09 11.21%
Seed-1 1,661,886 $0.000010 $2.41 $2.41 1x $2.41 13.53%
To view SimpleClosure’s complete cap table history, request access »

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SimpleClosure Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a business closure platform intended to automate and streamline the dissolution and wind-down process of com
Business/Productivity Software
Covina, CA
50 As of 2026

San Francisco, CA
 

Austin, TX
 
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SimpleClosure Competitors (4)

One of SimpleClosure’s 4 competitors is Ironclad, a Venture Capital-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ironclad Venture Capital-Backed San Francisco, CA
ZenBusiness Venture Capital-Backed Austin, TX
Evisort Formerly VC-backed San Francisco, CA
LegalVision (Legal Services) Private Equity-Backed Sydney, Australia
To view SimpleClosure’s complete competitors history, request access »

SimpleClosure Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
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SimpleClosure Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
Carta VC-Backed Company Minority
The LegalTech Fund Venture Capital Minority
TTV Capital Venture Capital Minority
Anthemis Growth/Expansion Minority
Foxe Capital Venture Capital Minority
You’re viewing 5 of 8 investors. Get the full list »

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SimpleClosure FAQs

  • When was SimpleClosure founded?

    SimpleClosure was founded in 2023.

  • Where is SimpleClosure headquartered?

    SimpleClosure is headquartered in Covina, CA.

  • What is the size of SimpleClosure?

    SimpleClosure has 50 total employees.

  • What industry is SimpleClosure in?

    SimpleClosure’s primary industry is Business/Productivity Software.

  • Is SimpleClosure a private or public company?

    SimpleClosure is a Private company.

  • What is the current valuation of SimpleClosure?

    The current valuation of SimpleClosure is .

  • What is SimpleClosure’s current revenue?

    The current revenue for SimpleClosure is .

  • How much funding has SimpleClosure raised over time?

    SimpleClosure has raised $20.5M.

  • Who are SimpleClosure’s investors?

    Carta, The LegalTech Fund, TTV Capital, Anthemis, and Foxe Capital are 5 of 8 investors who have invested in SimpleClosure.

  • Who are SimpleClosure’s competitors?

    Ironclad, ZenBusiness, Evisort, and LegalVision (Legal Services) are competitors of SimpleClosure.

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