Amount Raised
$7 Million
Round Type
Funding Round
BengaluruSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingInvestors
Description
Bengaluru-based generative AI startup Simplismart has raised $7 million in a funding round led by Accel. Prior to this, the startup raised seed funding from investors like Anicut Capital, Sunn91, First Cheque, and Shastra VC. The round values Simplismart at around $35 million. Simplismart, founded in 2022, focuses on enabling businesses to build scalable, production-grade AI systems without the need for writing code.
Quick answer
Simplismart raised $7 Million in a Funding Round round, dated July 10, 2024. Investors: Shastra VC, First Cheque, Sunn91, Anicut Capital and Accel. Simplismart is based in Bengaluru, Karnataka, India.
- How much did Simplismart raise?
- Simplismart raised $7 Million in a Funding Round round on July 10, 2024.
- Who invested in Simplismart?
- Shastra VC, First Cheque, Sunn91, Anicut Capital and Accel are named as investors in this round.
- What does Simplismart do?
- Simplismart is a Bengaluru-based generative AI startup founded in 2022 by Amritanshu Jain and Devansh Ghatak.
- Where is Simplismart based and how big is it?
- Simplismart is based in Bengaluru, Karnataka, India. Fundz records about 36 employees.
- Who are the decision-makers at Simplismart?
- Fundz holds 1 contact at Simplismart, including the Founder's Office. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Natural Language Processing and Software around the same time
Companies in the same sectors as Simplismart that raised within 45 days of this round, from Fundz verified event records.
- LLUMO AI raised $1M (Seed) on August 21, 2024.
- Moonlit raised an undisclosed amount (Funding Round) on August 20, 2024.
- Voyage AI raised $28M on August 20, 2024.
- ModelOp raised $10M (Series B) on August 20, 2024.
- Contextual AI raised $80M (Series A) on August 9, 2024.
- Seek AI raised $2M (Seed) on August 8, 2024.
Who to call at Simplismart, and when
A new round usually means Simplismart is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Simplismart raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Simplismart, from your own LinkedIn network
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Related People
Simplismart raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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