# SimpleAI

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

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.simpleaiworks.com/
- Total disclosed funding: $2.5M
- Latest round: Seed (Feb 10, 2026)
- Investors on record: 3

## About

SimpleAI, based in Singapore, is a technology company that specializes in AI-driven accounting automation solutions for businesses, enhancing efficiency and accuracy in financial processes.Founded in 2023 in Singapore, SimpleAI develops an AI-driven accounting automation platform designed to optimize financial processes for clients. The company has successfully closed one funding deal, raising USD 2.5 mn in a SEED round on February 10, 2026, with participation from investors including 1947 Rise, JBV Capital, and PointOne Capital.SimpleAI's core product offering is an AI-driven accounting automation tool designed to streamline financial processes for businesses and accountants. The platform utilizes machine learning to learn and adapt to user-specific workflows, enabling it to efficiently handle tasks such as document classification, transaction reconciliation, and tagging without requiring fixed rules. SimpleAI caters to a diverse client base, including small startups, growing businesses, accountancy firms, and solo accountants, allowing them to focus on strategic growth rather than manual bookkeeping tasks. The service is accessible globally, targeting markets such as the United States, the United Kingdom, Australia, Singapore, and other regions, providing a flexible solution for accounting needs across different currencies and regulatory environments. As a format-free and tool-agnostic solution, SimpleAI integrates seamlessly with existing software systems, thereby enhancing operational efficiency and reducing the complexities of traditional accounting practices.SimpleAI operates on a subscription-based revenue model, offering tiered pricing plans that cater to businesses of varying sizes and needs. The available plans include a Business tier at USD 79 per month, designed for small businesses managing a single entity, and a Business + tier at USD 129 per month, ideal for growing companies with up to five entities. Additionally, a Commercial tier at USD 199 per month is tailored for larger firms handling up to ten entities and offers premium features and custom AI training. Transactions typically occur on a monthly basis, with clients billed directly according to the selected subscription plan. This structured approach not only facilitates predictable revenue streams for SimpleAI but also ensures that clients receive consistent value from the service as they scale their operations.In February 2026, SimpleAI plans to utilize the USD 2.5 mn raised in seed funding to advance the development of new features for its AI-driven accounting platform, aiming to launch enhancements that improve user experience and efficiency. The company is also targeting expansion into new markets, particularly focusing on the European Union and Southeast Asia over the next 18 months. This strategic growth initiative will leverage the recent funding to support product development and market entry efforts.

## Funding rounds

- Seed, Feb 10, 2026, $2.5M — JBV Capital, PointOne Capital, 1947 Rise

## Investors

- JBV Capital (https://capitalatlas.ai/funds/jbv-capital) — Seed
- PointOne Capital (https://capitalatlas.ai/funds/pointone-capital) — Seed
- 1947 Rise (https://capitalatlas.ai/funds/1947-rise) — Seed