Simpler - About the company
Simpler is a series A company based in London (United Kingdom), founded in 2020 by Spyros Mandekis. It operates as a Provider of checkout software integrating payment methods for online merchants. Simpler has raised $10M in funding from investors like Venture Friends, MMC Ventures and LAMDA Development. The company has 56 active competitors, including 22 funded and 2 that have exited. Its top competitors include companies like Bolt, Shopflo and DEUNA.
Company Details
Provider of checkout software integrating payment methods for online merchants. This technology functions as a managed engine that connects to existing e-commerce platforms to facilitate transaction processing. It enables the integration of various payment options, shipping carriers, and currency settings within a single interface. The system includes features for product recommendations and customer loyalty programs to support the checkout process. Merchants utilize this tool to manage delivery preferences and localized language settings across different digital storefronts without requiring extensive infrastructure changes.
- Website
- www.simpler.so/
- Social
- Email ID
- *****@simpler.so
Key Metrics
Founded Year
2020
Location
London, United Kingdom
Stage
Series A
Total Funding
$10M in 2 rounds
Latest Funding Round
Investors
Ranked
6th among 56 active competitors
Employee Count
22 as on Sep 30, 2026
Legal entities associated with Simpler
Simpler is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SIMPLER GROUP LTD CIN: 13247441 , United Kingdom, Active | Mar 04, 2021 | - | 1 (As on Mar 31, 2025) |
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Simpler's funding and investors
Simpler has raised a total funding of $10M over 2 rounds. Its first funding round was on Jan 14, 2022. Its latest funding round was a Series A round on Sep 23, 2024 for $*****. 4 investors participated in its latest round. Simpler has 4 institutional investors.
Here is the list of recent funding rounds of Simpler:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 23, 2024 | 9961943 | Series A | 4426495 | 6866949 | 2846675 | 5188037 |
Jan 14, 2022 | 3781234 | Seed | 3179553 | 2833719 | 9576023 |
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Simpler's founders and board of directors
Founder? Claim ProfileThe founders of Simpler is Spyros Mandekis.
Here are the details of Simpler's key team members:
- Spyros Mandekis: Co-Founder of Simpler.
View details of Simpler's Founder profiles and Board Members
Simpler's employee count trend
Simpler has 22 employees as of Sep 26. Here is Simpler's employee count trend over the years:
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Simpler's Competitors and alternates
Top competitors of Simpler include Bolt, Shopflo and DEUNA. Here is the list of Top 10 competitors of Simpler, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Bolt 2014, San Francisco (United States), Series E | Provider of single-click checkout solution for e-commerce businesses | $947M | 64/100 | |
2nd | Provider of a platform optimizing the online checkout experience for businesses | $3.7M | 59/100 | ||
3rd |  DEUNA 2020, Palo Alto (United States), Series A | Provider of SaaS-based checkout solutions for e-commerce businesses | $37M | 56/100 | |
4th | Provider of an online marketplace platform for purchase financing | $83M | 55/100 | ||
5th | Provider of one-click checkout and payment solutions for online businesses | $7.12M | 55/100 | ||
6th |  Simpler 2020, London (United Kingdom), Series A | Provider of checkout software integrating payment methods for online merchants | $10M | 53/100 | |
7th | _1549358911399.png?devicePixelRatio=2&height=30&width=30){kind=logo} RocketFuel Blockchain 1987, Las Vegas (United States), Public | Blockchain-based check-out solution | - | 50/100 | |
8th | Provider of one-click checkout software & solutions for e-commerce business | - | - | 50/100 | |
9th | Platform offering E-commerce logistics and checkout solutions | $2.34M | 48/100 | ||
10th | Platform offering single-click checkout solutions for D2C brands | - | - | 45/100 |
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Simpler's Investments and acquisitions
Simpler has made no investments or acquisitions yet.
Reports related to Simpler
Here is the latest report on Simpler's sector:
News related to Simpler
Media has covered Simpler for 1 event in last 1 year, It was about partnerships.
•
BlueSnap Helps Simpler Generate 50% of Revenue Through Embedded PaymentsBlueSnap•Jul 22, 2026•BlueSnap, Simpler
•
London-based Simpler Raises €9 Million To Transform The Checkout ExperienceEU-Startups•Sep 23, 2024•Simpler, VGC Partners, LAMDA Development, MMC Ventures and 1 other
•
Simpler checkout launches in the UK to revolutionise customer experience for online shoppersThe Retail Bulletin•Feb 22, 2023•Simpler
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