Tech Company Financing Transactions

Simple Funding Round

Simple closed a $2.9 million Series A funding round on 9/2/2010. Backers included First Round Capital, IA Ventures and Village Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A

First Round Capital (Lead Investor)

IA Ventures (Lead Investor)

Village Ventures (Lead Investor)

Private Investors

SV Angel

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Acquired or Merged
Mailing Address
18 Bridge Street 4F
Brooklyn, NY 11201
Email Address
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.
Simple LinkedIn Company Profile
Social Media
Simple Company Twitter Account
Company News
Simple News
Simple on Facebook
Simple on YouTube

Management Team

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



Browse more venture capital transactions:

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Next: 9/2/2010: Life Image venture capital transaction


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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, an affiliated venture.


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