# Simperium

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/simperium

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.simperium.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Jun 1, 2011)
- Investors on record: 3

## About

Simperium is a data synchronization service that ensures seamless data management across different platforms, targeting both consumers and small businesses, providing reliable access to information in real-time.Founded in San Francisco, US, Simperium focuses on providing cross-platform data synchronization services. The company raised USD 0.45 mn in a Seed round on January 24, 2013, with investors including Eniac Ventures, GV, and Y Combinator. Simperium was acquired by Automattic Inc. in January 2013. The founder's prior entrepreneurial ventures are not publicly detailed.Simperium provides a cross-platform data synchronization service designed to facilitate seamless data management across various applications. The company’s core offering includes a robust platform that enables users to keep their information consistent and updated in real-time, regardless of the device or operating system being used. This function addresses the common challenge of data fragmentation, ensuring that personal information remains easily accessible and reliable for over a million users, particularly those utilizing Simplenote for note-taking and information management. Simperium's services are targeted primarily at individual consumers and small businesses seeking efficient data synchronization solutions, with significant adoption noted in markets across North America and Europe. The platform supports diverse applications, making it a valuable tool in industries where data integrity and accessibility are paramount.Simperium's revenue model is primarily based on subscription services, allowing users to access their cross-platform data synchronization features for a recurring fee. The company engages directly with consumers, offering tiered pricing plans that cater to different user needs and usage levels. This structured approach enables customers to select the plan that best fits their requirements, thereby enhancing user satisfaction and retention. While specific pricing details for individual plans and services are not disclosed, the subscription model typically ensures a steady revenue stream as users renew their subscriptions for continuous access to the platform's features. This revenue strategy positions Simperium to capitalize on the growing demand for reliable data synchronization solutions in an increasingly mobile and interconnected digital landscape.Simperium's future growth strategy focuses on expanding its product offerings and geographical reach. The company plans to introduce new features aimed at enhancing user experience, although specific release dates have yet to be announced. Additionally, Simperium targets expansion into emerging markets across Asia and South America by the end of 2024. The recent funding of USD 0.45 mn will be utilized to support development efforts and marketing initiatives that align with these growth plans.

## Funding rounds

- Seed, Jun 1, 2011, $0.5M — GV, Y Combinator, Eniac Ventures

## Investors

- GV (https://capitalatlas.ai/funds/gv) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Eniac Ventures (https://capitalatlas.ai/funds/eniac-ventures) — Seed