SimpleClosure, a Santa Monica, CA-based platform to close down a startup, raised $15m in Sequence A funding.
The spherical, which introduced SimpleClosure’s complete funding to greater than $20m, was led by TTV Capital, with participation from present traders Infinity Ventures, Anthemis, Vera Fairness, and new traders The LegalTech Fund and Carta, in addition to extra angels.
The corporate intends to make use of the funds to speed up development and product enlargement, together with product updates and integrations.
Led by Dori Yona, Founder and CEO, SimpleClosure SimpleClosure goals to rework the bureaucratic dissolution course of so founders can deal with their subsequent mission. The corporate’s expertise automates regulatory paperwork, authorized filings, compliance, and investor communications, leveraging AI brokers to carry order and transparency to an in any other case time-consuming and complicated course of. By combining fintech, authorized tech, and AI, SimpleClosure resolves any remaining obligations with clients, state businesses, and staff members on behalf of the dissolving enterprise. To this point, greater than 1,500 founders from firms of all sizes have wound down their companies with SimpleClosure.
FinSMEs
07/05/2025
