What does SimpleClosure do?
SimpleClosure is a legaltech platform that uses AI to automate regulatory paperwork, legal filings, compliance, and investor communications, streamlining the process of dissolving a business.
How much did they raise?
The company raised $15M in Series A funding, led by TTV Capital with participation from Infinity Ventures, Anthemis, Vera Equity, The LegalTech Fund, and Carta, bringing its total funding to over $20M.
What are their plans for the money?
SimpleClosure plans to use the funds to accelerate growth, expand its product offerings, and integrate new updates, thereby enhancing the efficiency and transparency of the corporate dissolution process.
What have they achieved so far?
To date, more than 1,500 founders have successfully wound down their businesses using SimpleClosure, underscoring its effectiveness in resolving business dissolution challenges.
