CimplyFive - About the company
CimplyFive is an acquired company based in Bengaluru (India), founded in 2014 by Shriram Subramanian. It operates as a Cloud based Compliance solution provider. CimplyFive has raised $803K in funding from Tarento and 3one4 Capital, with last known valuation of ₹*****. The company has 89 active competitors, including 12 funded and 10 that have exited. Its top competitors include companies like Diligent, Kuberno and Govenda.
Company Details
Its flagship product Board Leaders Integrated Software Solution (BLISS) helps companies be compliant with MCA requirements. Also acts as a digital productivity tool for company secretaries that automates routines and provides timely alerts to ensure good corporate governance. Features includes overview of Board, Shareholder and Board Sub-committee meetings, integrated modules for agendas, minutes, registers, returns and action trackers, timely alerts(board and shareholder meetings) and an informative dashboard. Raised funding from ex-Infosys CFO's Suresh Senapaty and Mohandas Pai.
- Website
- www.cimplyfive.com/
- Registered Address
- 1st Floor, 23, 24, AMR Tech Park, Block 1, Hosur Main Road, Bommanahalli (Bangalore), Bangalore, Bangalore South, Karnataka, India, 560068
Key Metrics
Founded Year
2014
Location
Bengaluru, India
Stage
Acquired
Total Funding
$803K in 4 rounds
Latest Funding Round
Last Known Valuation
₹***** as on May 16, 2018
Investors
Ranked
15th among 89 active competitors
Annual Revenue
₹4.02Cr as on Mar 31, 2025
Employee Count
9 as on Aug 31, 2025
Exit Details
Acquired by Clear (Jul 06, 2022)
Legal entities associated with CimplyFive
CimplyFive is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CIMPLYFIVE CORPORATE SECRETARIAL SERVICES PRIVATE LIMITED CIN: U74900KA2014PTC076173 , India, Active | Sep 03, 2014 | $475K (As on Mar 31, 2025) | 9 (As on Aug 31, 2025) |
CimplyFive's acquisition details
CimplyFive got acquired by Clear on Jul 06, 2022.
Click here to take a look at CimplyFive's acquisition in detail
Sign up to download CimplyFive's company profile
CimplyFive's funding and investors
CimplyFive has raised a total funding of $803K over 4 rounds. Its first funding round was on Dec 27, 2014. Its latest funding round was a Seed round on May 16, 2018 for $*****. 11 investors participated in its latest round. CimplyFive has 2 institutional investors and 18 angel investors.
Here is the list of recent funding rounds of CimplyFive:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 16, 2018 | 8272170 | Seed | 1046717 | 3227006 | 6865664 | 4257335 |
Sep 30, 2016 | 3499409 | Angel | 6875431 | 8926379 | 9343034 | |
Feb 07, 2015 | 7557678 | Angel | 1427363 | 1085900 |
View details of CimplyFive's funding rounds and investors
CimplyFive's founders and board of directors
Founder? Claim ProfileThe founders of CimplyFive is Shriram Subramanian.
Here are the details of CimplyFive's key team members:
- Shriram Subramanian: Co-Founder & Director of CimplyFive and founder of 1 other company. They are also an angel investor in 2 startups and serve on the boards of 2 companies.Contact Info: 1 email address
CimplyFive's Board of Directors
CimplyFive's board has 4 active members. Shriram Subramanian and Shankar Jaganathan are part of team and Pagalthivarthi Srinivasan and Suresh Chandra Senapat are independent board members.Here is the list of CimplyFive's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 6m | |
Team | - | Current | 11y 6m | |
Independent board member | - | Current | 9y 5m | |
oweraea | Independent board member | - | Current | 6y 9m |
View details of CimplyFive's Founder profiles and Board Members
CimplyFive's employee count trend
CimplyFive has 9 employees as of Aug 25. The total employee count is 18.0% lower than what it was in Aug 24. Here is CimplyFive's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
CimplyFive's Competitors and alternates
Top competitors of CimplyFive include Diligent, Kuberno and Govenda. Here is the list of Top 10 competitors of CimplyFive, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Diligent 2001, New York City (United States), Acquired | Platform that offers suite of governance solutions to help organizations streamline its board management | $27M | 77/100 | |
2nd | Kuberno 2020, London (United Kingdom), Series A | Legal entity governance platform for businesses | $12.1M | 52/100 | |
3rd | Govenda 2012, Pittsburgh (United States), Acquired | Cloud-based corporate governance management software provider | $5.51M | 51/100 | |
4th | Corporate governance and data governance solution | $146M | 51/100 | ||
5th | Asset management software solutions and services | - | 47/100 | ||
6th | Pulse Software 2011, Sydney (Australia), Acquired | Business process management and learning management solution provider | - | - | 46/100 |
7th | Platform offering legal entity management software | $46.7M | 45/100 | ||
8th | Trustible 2023, Washington, DC (United States), Seed | Provider of an AI governance platform for risk management and compliance | $7.69M | 45/100 | |
9th | Axar Digital 2006, Pune (India), Seed | Software to facilitate governance and compliance in companies | $109K | - | 44/100 |
10th | Theia Analytics Group 2017, Washington, DC (United States), Seed | AI based governance focused intelligence engine | $1.5M | 43/100 | |
15th | CimplyFive 2014, Bengaluru (India), Acquired | Cloud based Compliance solution provider | $803K | 38/100 |
Looking for more details on CimplyFive's competitors? Click here to see the top ones
CimplyFive's Investments and acquisitions
CimplyFive has made no investments or acquisitions yet.
News related to CimplyFive
•
Clear strengthens compliance suite; acquires CimplyFive for undisclosed sumBusiness Standard•Jul 06, 2022•CimplyFive, Clear, Clear SaaS
•
•
CimplyFive raises funding from former CFOs of Wipro & Infosys – VCCircleVCCircle•Feb 13, 2015•CimplyFive, Mohandas Pai
Are you a Founder ?
FAQs about CimplyFive
Explore our recently published companies
- Hubel - Portugal based, Funding Raised company
- Tax Guardian - Oklahoma City based, 2024 founded, Unfunded company
- Toppan Security - Dubai based, 2002 founded, Unfunded company
- Urjasvin - Kolkata based, 2012 founded, Unfunded company
- JE Recruitment - Leicester based, 2023 founded, Unfunded company
- TaxCash - Las Vegas based, 2018 founded, Unfunded company