SimpliContract: Funding, Investors & Team (Oct 2026)
The SimpliContract platform is a contract lifecycle management tool that combines artificial intelligence (AI) and software-as-a-service (SaaS) to make the authoring and management of contracts more efficient. Its benefits include more revenue, reduced risk, better compliance, lower expenses, and increased productivity. SimpliContract aims to democratize contracting by using AI to optimize contract management processes. The platform is designed for use by various departments within a company, including legal, sales, finance, and procurement. SimpliContract facilitates communication between different stakeholders both internally and externally.
SimpliContract has raised $5.3M across 2 funding rounds on record, the most recent a Seed of $3.5M announced in Apr 2023.
That round is below the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
SimpliContract Company Profile and Key Stats
Latest funding round on record: Apr 2023.
SimpliContract Funding Rounds
SimpliContract raised $1.8M in an undisclosed round announced in Jun 2021.
1.8 years later, a Seed of $3.5M was announced in Apr 2023.
SimpliContract Founders and Leadership Team
Contact details for the SimpliContract team: 1 of 2 have an email address on file.
Start 14-day free trial →SimpliContract Funding Compared to Other Artificial Intelligence Startups
SimpliContract's latest round of $3.5M is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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SimpliContract Funding FAQs
What does SimpliContract do?
The SimpliContract platform is a contract lifecycle management tool that combines artificial intelligence (AI) and software-as-a-service (SaaS) to make the authoring and management of contracts more efficient. Its benefits include more revenue, reduced risk, better compliance, lower expenses, and increased productivity. SimpliContract aims to democratize contracting by using AI to optimize contract management processes. The platform is designed for use by various departments within a company, including legal, sales, finance, and procurement. SimpliContract facilitates communication between different stakeholders both internally and externally.
How much funding has SimpliContract raised?
SimpliContract has raised $5.3M across 2 rounds on record. The most recent is a Seed of $3.5M announced in Apr 2023.
When did SimpliContract last raise funding?
SimpliContract's most recent funding round on record is a Seed of $3.5M, announced in Apr 2023.
Who founded SimpliContract?
FundedIQ lists Makesh Kumar (Founder) at SimpliContract.
Who is the CEO of SimpliContract?
Guru Venkatesan is listed as CEO at SimpliContract.
Where is SimpliContract headquartered?
SimpliContract is based in Bangalore, Karnataka, India.
How many employees does SimpliContract have?
SimpliContract is in the 11-50 employee band.
How does SimpliContract's funding compare to other Artificial Intelligence startups?
SimpliContract's latest round of $3.5M is below the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,241 tracked companies over the last two years.
About FundedIQ's SimpliContract Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for SimpliContract is left off this page rather than filled in.
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