Fundraising FoxSimplyWise
New York, US · Founded 2018 · Delaware corporation · 5 known investors
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SimplyWise builds AI-powered apps for small business owners that automate administrative tasks such as construction cost estimating, receipt tracking, call handling, and mileage capture. Its tools aim to help business owners generate bids and manage business records.
Founders & leadership
SimplyWise was founded in 2018 by Allie Fleder.
Board
Investors · 5
How we know: Clocktower Ventures's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Deciens's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: funding news · qedinvestors.com · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Village Global's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: XYZ Venture Capital's portfolio page · funding news · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$21.1M disclosed across 3 rounds · 2019–2025
▶$12MraisedOct 2025 · 6 investors · Other TechnologyRule 506(b)
- Simnan AbbasExecutive Officer, Director
- Daniel KimerlingDirector
- Offering amount
- $12M
- Amount sold
- $12M
- First sale
- Oct 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.6MraisedJul 2022 · 8 investors · Other TechnologyRule 506(b)
- Simnan AbbasExecutive Officer, Director
- Daniel KimerlingDirector
- Offering amount
- $5.6M
- Amount sold
- $5.6M
- Minimum investment
- $18.2K
- First sale
- Apr 2022
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$3.5MraisedNov 2019 · 3 investors · Other TechnologyRule 506(b)
- Matt BurtonDirector
- Simnan AbbasExecutive Officer, Director
- Offering amount
- $3.5M
- Amount sold
- $3.5M
- Minimum investment
- $515K
- First sale
- Oct 2019
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through SimplyWise went on to found or lead other companies.
Related companies · 5
Companies working in the same space as SimplyWise.
Frequently asked questions
- What does SimplyWise do?
- SimplyWise builds AI-powered apps for small business owners that automate administrative tasks such as construction cost estimating, receipt tracking, call handling, and mileage capture. Its tools aim to help business owners generate bids and manage business records.
- Who founded SimplyWise?
- SimplyWise was founded by Allie Fleder in 2018.
- Who are SimplyWise's investors?
- SimplyWise's investors include Clocktower Ventures, Deciens, QED Investors, Village Global, XYZ Venture Capital.
- How much funding has SimplyWise raised?
- SimplyWise has disclosed $21.1M raised across 3 rounds.
- Where is SimplyWise headquartered?
- SimplyWise is headquartered in New York, US.