Tech Company Financing Transactions

Simple Funding Round

Simple closed a $10 million Series B venture capital round on 8/10/2011. Investors included IA Ventures, First Round Capital and Shasta Ventures.

Transaction Overview

Company Name
Announced On
8/10/2011
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors

IA Ventures (Lead Investor) (Roger Ehrenberg)

First Round Capital (Josh Kopelman)

Shasta Ventures

Village Ventures

Proceeds Purpose
The company will use the financing to launch its service.

Company Information

Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
18 Bridge Street 4F
Brooklyn, NY 11201
USA
Email Address
Overview
Simple was born out of our frustration with banking. We were fed up with our banks: the fees, the constantly changing rules, the crappy customer service. We saw an opportunity to fix these issues by making banking simpler.
Profile
Simple LinkedIn Company Profile
Social Media
Simple Company Twitter Account
Company News
Simple News
Facebook
Simple on Facebook
YouTube
Simple on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Josh Reich
  Josh Reich LinkedIn Profile  Josh Reich Twitter Account  Josh Reich News  Josh Reich on Facebook
Chief Financial Officer
Shamir Karkal
  Shamir Karkal LinkedIn Profile  Shamir Karkal Twitter Account  Shamir Karkal News  Shamir Karkal on Facebook
Chief Technical Officer
Alex Payne
  Alex Payne LinkedIn Profile  Alex Payne Twitter Account  Alex Payne News  Alex Payne on Facebook


 

 

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About Database of VC Transactions

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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