Fundraising Fox

SimplyWise

New York, US · Founded 2018 · Delaware corporation · 5 known investors

simplywise.com ↗

SimplyWise provides AI-powered software for construction businesses to automate administrative tasks including cost estimation, expense tracking, and job management. The platform helps construction contractors generate reliable project quotes, manage receipts, and capture work details to improve bidding accuracy and profitability.

AI & Machine LearningConstruction TechSaaS

Founders & leadership

SA
Simnan AbbasExecutive Officer, Director
MB
Matt BurtonDirector
DK
Daniel KimerlingDirector

Investors · 5

Clocktower VenturesSanta Monica · $100K – $20M
DeciensAlbuquerque · $500K – $5Mvia Dan Kimerling · led
Village GlobalCovina · $100K – $500K
XYZ Venture CapitalSan Francisco · $10K – $5M
QED InvestorsreportedAlexandria · $30K – $25M

Reported raises · per SEC filings

Form D private placements
▶$12MraisedOct 2025 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Simnan AbbasExecutive Officer, Director
  • Daniel KimerlingDirector
Offering amount
$12M
Amount sold
$12M
First sale
Oct 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5.6MraisedJul 2022 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
▶$3.5MraisedNov 2019 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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