Tuesday, February 27, 2024

SimpleClosure Sees $4M Seed To Automate Business Shutdowns

Santa Monica-based SimpleClosure, a startup which says it has created an automated platform to help people shut down their businesses, has raised $4M in a seed funding round. According to the company, the new funding was led by Infinite Ventures, and also included Anthemis Group and Foxe Capital, along with angels. The company said the new funding comes shortly after a pre-seed round. SimpleClosure cited a "challenging" venture capital environment for its service, which it says is a "founder-friendly" business shutdown service. The CEO and founder of SimpleClosure is Dori Yona.