Simplificare
Latest round
- Series C
Last raised
- May 2016
Total raised
- $40M
Investors
- 5
About Simplificare
Simplificare, Inc.Founded in 2010 in Palo Alto, US, Simplificare, Inc. specializes in payment solutions. In February 2020, the company was acquired by Flywire Payments Corporation, which focuses on streamlining global payment processes. The acquisition aligns with the strategic growth of Flywire's services.Simplificare, Inc. provides a next-generation payments platform designed to streamline global payment flows across industries such as education, healthcare, and travel.Simplificare, Inc. generates revenue through transaction fees for its payment processing services, which may include subscription fees for platform access. For example, they facilitate tuition payments for educational institutions, allowing international students to pay in local currencies while managing currency exchange and settlement in preferred currencies for institutions.The company plans to further develop its platform with new features designed for enhanced transaction management and user experience, targeting a rollout in mid-2023. The strategic acquisition by Flywire will enhance its capabilities and market reach through shared resources and expertise, facilitating entry into new regions and sectors.
Who invested in Simplificare
5 investors across 4 rounds
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Questions about Simplificare
Who invested in Simplificare?
Simplificare has 5 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Simplificare raised?
Simplificare has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Simplificare last raise money?
Simplificare's most recent round on record is a Series C, in May 2016.
What does Simplificare do?
Simplificare is a software company.
Where is Simplificare headquartered?
Simplificare is headquartered in Palo Alto, US.
Which VCs invest in companies like Simplificare?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Simplificare's stage. Their profiles are linked below.
VCs backing software startups at Series C
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