SimpleClosure Raises $15 Million in Series A Funding
Overview
SimpleClosure, a platform based in Santa Monica, CA, has secured $15 million in Series A funding. This latest round brings the total funding raised by SimpleClosure to over $20 million. The funding was led by TTV Capital, with participation from existing investors Infinity Ventures, Anthemis, Vera Equity, and new investors The LegalTech Fund and Carta, along with additional angels. The influx of capital will be used to drive growth and expand product offerings, including updates and integrations.
About SimpleClosure
SimpleClosure, led by Founder and CEO Dori Yona, aims to streamline the process of shutting down a startup, allowing founders to shift their focus to their next venture. The platform leverages technology to automate regulatory paperwork, legal filings, compliance, and investor communications. By utilizing AI agents, SimpleClosure brings efficiency and transparency to what can be a complex and time-consuming procedure. Through a combination of fintech, legal tech, and AI, SimpleClosure handles all remaining obligations with customers, state agencies, and team members on behalf of the dissolving business. To date, over 1,500 founders from companies of various sizes have successfully wound down their businesses with the assistance of SimpleClosure.
Conclusion
SimpleClosure’s successful funding round signifies a vote of confidence in the platform’s ability to simplify and expedite the process of closing down a business. With a focus on automation and efficiency, SimpleClosure is poised to continue helping founders navigate the challenges of dissolution so they can transition smoothly to their next entrepreneurial endeavor.
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Original Article Date: 07/05/2025
