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SimpleClosure helps United States-based corporations and LLCs shut down their operations. It uses technology to streamline the dissolution process, handling all legal and administrative steps so the shutdown takes days or weeks instead of months or years, while lowering legal and accounting costs. The platform provides comprehensive support, ensuring regulatory compliance and giving clients clear visibility into required tasks, fees, and timelines. Unlike traditional firms, SimpleClosure emphasizes transparent, affordable service with predictable pricing and a risk-free path to avoid fines or penalties. Its goal is to help entrepreneurs and business owners wind down their companies efficiently and affordably, so they can focus on their next ventures.
Industries
Consulting
Enterprise Software
Legal
Company Size
11-50
Company Stage
Series A
Total Funding
$20.5M
Headquarters
California
Founded
2023
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Total Funding
$20.5M
Meets
Industry Average
Funded Over
3 Rounds
Industry standards
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Dental Insurance
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Life Insurance
Unlimited Paid Time Off
Flexible Work Hours
Hybrid Work Options
401(k) Retirement Plan
SimpleClosure, a startup dissolution service, has launched Asset Hub, a platform enabling founders to sell assets from shutting down companies. The first product, Source Code, is now live, with Workspace Data in beta. The platform addresses an estimated trillions of dollars in abandoned startup assets annually, including codebases, documentation and operational knowledge. SimpleClosure has analysed approximately 3 billion tokens, with nearly 100 participating companies achieving a 20% success rate for source code sales, generating millions in total value. Demand for AI training data has driven growth, with demand-side contracts up 150% quarter over quarter. The company, backed by TTV Capital and others with over $20 million raised, plans to expand into domains, patents and physical equipment.
We are delighted to announce that famed tech incubator and investor, Y Combinator, will be taking part in Legal Innovators California, on June 11 + 12. At the same time we can also announce the members of our Startup Gallery at the landmark event in San Francisco.Plus, to provide additional insights into the field of investing into legal tech we will be hearing from Chris Fisher, Founder Managing Partner, Myriad Venture Partners, and Zach Abramowitz, CEO of Killer Whale Strategies.And, for the young companies taking part in our Startup Gallery – which we developed in order to support founders in the early stages of their business – each day we will be holding a pitch competition in front of the audience, with the prize simply the kudos of winning.At present we have the following taking part in the Startup Gallery section of the conference:. Riskaway – Risky is an AI legal agent for companies. Risky can autonomously complete legal tasks or engage human lawyers when needed.Beagle – Beagle is the end-to-end AI-native eDiscovery platform that speeds up document review, surfaces key info quickly, organizes findings, and provides insightsAi – Agentic AI for end-to-end patent prosecution litigation workflows in one secure, collaborative workspace.TrialKit – Simplify discovery review, save time on data management, streamline case preparation, and focus on strategic victories.SimpleClosure – Closing your startup is hard. We make it easy.LegalMed – Virtual Urgent Care Visit and Entry Injury Assessment with Legal Documentation PricingCrimson – the AI productivity platform designed for litigation lawyers.Answer case-specific questions, find key evidence and streamline case management.MyAIDrive – AI Workflows for All Your Documents. Chat with multiple PDFs for free! Unlock advanced AI agents, folder chat OCR. Now, back to Y Combinator
Build or invest: Carta acquired SimpleClosure, a startup branding itself as "the TurboTax of shutting down."
SimpleClosure, a company dissolution startup, has raised $15 million in Series A funding. The funding round was led by TTV Capital and included participation from The LegalTech Fund, along with other new and existing investors.
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.
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Industries
Consulting
Enterprise Software
Legal
Company Size
11-50
Company Stage
Series A
Total Funding
$20.5M
Headquarters
California
Founded
2023
Find jobs on Simplify and start your career today