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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.
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SimpleClosure Raises $15 Million Series A Round

Additional capital will fuel growth and product expansion to meet increasing demand as startups face a shifting economic landscape

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TechCrunch broke the news in United States on Wednesday, May 7, 2025.
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