Simple

Simple (Acquired/Merged)

  • FOUNDING YEAR: 2009
    LOCATION:
    United States
    REGION:
    Oregon
    Last Update:
    14 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Simple Visa Card.
REVENUE MODEL:
Viewable by subscribers only
EXISTING PARTNERSHIPS:
Braintree, Bancorp, Dropbox - To bring innovation and enhancements to the customers’ financial lives.

PEOPLE

FOUNDERS:
Josh Reich, Shamir Karkal, Alex Payne
Board Members and Advisors:
Craig Shapiro, Sean Flynn, Jerry Neumann, Josh Kopelman
NUMBER OF EMPLOYEES:
201-500
INVESTORS:
First Round, IA Ventures, Village Ventures, 500 Startups, Anthemis Group, Lerer Hippeau Ventures, Neu Venture Capital, SV Angel, Thrive Capital, Sean Park

TRACTION

VALUATION / MARKET CAP:
$117 MM in 2015
TRANSACTIONS VALUE:
$1.7 Billions
ACTIVE USERS:
0.0100

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$15.29 Millions
DATE OF LAST FUNDING:
Jun 2018
SEED & PRIOR FUNDING:
$190 K
SEED CLOSED ON:
Nov 2009
FUNDING SERIES:
SERIES A
$2.9 Millions Closed: Sep 2010
SERIES B
$10 Million Closed: Aug 2011
SERIES C
$2.2 Millions Closed: Jun 2013
LISTED:
NO

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