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Simpler

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London, United KingdomFounded 2021Fintech
Valuation $50–100M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Simpler and the history behind them.

About Simpler

Simpler is a dynamic startup focused on revolutionizing the online shopping experience by providing a seamless and efficient checkout process. The company operates in the e-commerce market, catering to online retailers and their customers. Simpler's primary service is a streamlined checkout solution that integrates with all major payment options, allowing shoppers to complete their purchases in seconds. This service is particularly beneficial for merchants looking to reduce cart abandonment rates and increase sales.

The business model of Simpler is based on offering a software-as-a-service (SaaS) platform that online retailers can integrate into their existing e-commerce systems. The platform supports various e-commerce platforms such as WooCommerce, Magento 2, OpenCart, and PrestaShop. By providing a fast and user-friendly checkout experience, Simpler helps merchants convert more visitors into paying customers.

Simpler makes money through a low-fee pricing structure, which allows merchants to save on transaction costs while still benefiting from increased sales. The company also offers customized reconciliation reports, helping merchants easily reconcile each payout with the batch of transactions it settles. This feature ensures that merchants have a clear understanding of their financial transactions and can manage their finances more effectively.

The key advantage of Simpler's solution is its ability to reduce friction during the checkout process. For first-time shoppers, Simpler offers a lean form to fill out, allowing them to select their preferred payment method and securely save their information for future purchases. For returning shoppers, Simpler auto-fills their information, enabling them to complete their purchase with just one click. This not only enhances the shopping experience but also encourages repeat purchases.

In summary, Simpler provides an innovative checkout solution that helps online retailers increase sales, reduce cart abandonment, and save on transaction fees. By offering a fast and seamless checkout experience, Simpler ensures that more customers make it past the 'buy' button and become repeat buyers.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
London, United Kingdom
Employees
21
Open positions
None listed
Dealroom signal
64.7/100
Industry
Fintech, Marketing
Sub-industry
Payments
Sector
Fintech, Woman Founder, uk is8 creative industries, uk is8 financial services
Business model
Marketplace & ecommerce, SaaS
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Sep 2024 $9.9M $40M VentureFriends · MMC Ventures · Vasilakis group · Lamda Development ↗
SEED✓Equity / VC May 2021 $1.1M $4.4M VentureFriends · MMC Ventures ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Simpler website traffic

Latest recorded traffic for Simpler is 57K monthly website visits, up 50% over the last three months. Simpler's team declined 4.5% over the past year.

Latest monthly visits57K 3-month web change+50% 1-year team growth-4.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A2 investors entered at this stage

  • Vasilakis group
  • Lamda Development

Other known investors1 additional known investor

  • Grow London
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇬🇷 Greece43.8%
🇬🇧 United Kingdom31.3%
🇬🇪 Georgia6.3%
🇨🇭 Switzerland6.3%
🇫🇮 Finland6.3%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Simpler on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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