SimpleClosure has raised $15 million in Series A funding to expand its AI-powered platform that helps founders close their startups quickly and cleanly. The round was led by TTV Capital, with support from Infinity Ventures, Anthemis Global, Foxe Capital, Vera Equity, and new backers including The LegalTech Fund and Carta. This brings the company’s total funding to over $20 million.
In today’s market, many startups are struggling to survive. With IPOs delayed and acquisition deals falling through, founders are being forced to rethink their next moves. For some, that means shutting down. SimpleClosure exists to make that process less painful.
The platform automates everything from regulatory filings and legal paperwork to investor communication and team offboarding. It’s designed to reduce stress and save time. Over 1,500 founders have already used SimpleClosure to wind down their companies.
CEO Dori Yona, who co-founded the company, understands the emotional and operational burden of closure. “Most startups don’t make it, and we want to be the tool founders turn to when it’s time to move on,” he said. “This new funding will help us grow faster, reach more founders, and keep improving the experience.”
Startup conditions are shifting. Rising interest rates, tighter investor scrutiny, and inflated valuations from previous years are creating pressure. Founders now have to prove sustainability, not just speed. And when that’s no longer possible, they need a clean exit. That’s where SimpleClosure steps in.
The company launched in September 2023. Since then, it has scaled rapidly, hiring top talent in engineering, legal tech, and operations. It has also won industry recognition, earning a spot on Fast Company’s Most Innovative Companies of 2025 and winning the 2024 LegalTech Breakthrough Award.
With this new capital, SimpleClosure will add product features, build integrations, and expand into more verticals. The company plans to grow its reach during a time when more startups are reconsidering their futures.
TTV Capital partner Lizzie Hartley said SimpleClosure solves a real and growing problem. “Dori and his team built the product they wish they had when they shut down their own companies. Founders need this kind of support now more than ever, and SimpleClosure is ready to deliver it.”
By combining AI, legal automation, and fintech, SimpleClosure offers a dignified way to close shop. And in a tough economic climate, that kind of support is essential.
