SimpleClosure Raises $15 Million Series A Round
- SimpleClosure, a Santa Monica-based platform that automates startup shutdowns, raised $15 million in a Series A round on May 7, 2025.
- The funding follows strong demand driven by a challenging economic climate causing many startups to face delayed IPOs, stalled M&A, and increased shutdowns.
- Led by TTV Capital, the round included investors like Infinity Ventures, Anthemis, Vera Equity, LegalTech Fund, Carta, and other angel participants, bringing total funding above $20 million.
- Founder and CEO Dori Yona emphasized that failure is a common and often unspoken aspect of entrepreneurship, noting that SimpleClosure achieved a twelvefold increase in revenue in 2024.
- SimpleClosure plans to use the new capital to expand its AI-powered platform, streamline dissolutions further, and support more founders amid ongoing economic pressures.
Insights by Ground AI
Does this summary seem wrong?
13 Articles
13 Articles
All
Left
Center
3
Right
SimpleClosure Raises $15M in Series A Funding
SimpleClosure, a Santa Monica, CA-based platform to shut down a startup, raised $15m in Series A funding. The round, which brought SimpleClosure’s total funding to more than $20m, was led by TTV Capital, with participation from existing investors Infinity Ventures, Anthemis, Vera Equity, and new investors The LegalTech Fund and Carta, as well as additional angels. The company […] The post SimpleClosure Raises $15M in Series A Funding appeared fi…
Coverage Details
Total News Sources13
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage