SimpleClosure Announces Beta Launch With $1.5M Pre-Seed

The company works to help startup founders shut down their businesses in an easy way.

Written by Ashley Bowden
Published on Sep. 06, 2023
SimpleClosure Announces Beta Launch With $1.5M Pre-Seed
An image depicting a crashed rocket ship.
Image: Shutterstock

SimpleClosure has announced $1.5M in pre-seed funding and the launch of its public beta. The company was created to help founders shut down their companies in a transparent and easy way. SimpleClosure recognizes that failure is part of life and it aims to help founders move onto their next thing with peace of mind. The funding was co-led by Vera Equity and Cambrian Ventures.

SimpleClosure is a service company that aims to make the process of shutting down a business easier and more efficient. They provide a platform that helps expedite the process from taking months and years to taking days and weeks.

The platform also works to solve pain points of every party in the ecosystem of shuttering startups, including investors, vendors, customers, the Internal Revenue Service, employees, accountants and lawyers.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

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