Simplex - About the company
Simplex is an acquired company based in Ramat Gan (Israel), founded in 2014 by Nimrod Lehavi and Erez Shapira. It operates as an AI-based crypto payments and fraud prevention solutions for businesses. Simplex has raised $19M in funding from investors like FundersClub, BITMAIN and Cumberland Mining. The company has 2505 active competitors, including 465 funded and 313 that have exited. Its top competitors include companies like Symphony, ComplyAdvantage and Sift.
Company Details
AI-based crypto payments and fraud prevention solutions for businesses. It enables merchants to accept crypto-based payments for various goods and services. It also offers a global fiat onramp for debit and credit card transactions. It enables merchants to accept crypto-based payments for various goods and services. It also provides escrow services for multiple fiat-crypto transactions.
- Website
- www.simplex.com/
- Email ID
- *****@simplex.com
Key Metrics
Founded Year
2014
Location
Ramat Gan, Israel
Stage
Acquired
Total Funding
$19M in 4 rounds
Latest Funding Round
Investors
Ranked
6th among 2505 active competitors
Employee Count
336 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Nuvei (May 06, 2021)
Legal entities associated with Simplex
Simplex is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SIMPLEX CIN: 44103113797 , Latvia, Deadpooled | Nov 01, 2017 | €0 - €1M (As on Dec 31, 2021) | 2 (As on Dec 31, 2021) | - |
Simplex's acquisition details
Click here to take a look at Simplex's acquisition in detail
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Simplex's funding and investors
Simplex has raised a total funding of $19M over 4 rounds. Its first funding round was on Mar 2014. Its latest funding round was a Series A round on Feb 05, 2016 for $*****. 2 investors participated in its latest round. Simplex has 14 institutional investors.
Here is the list of recent funding rounds of Simplex:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 05, 2016 | 3740102 | Series A | 9804789 | 7507594 | 1467948 | 3172388 |
Dec 01, 2014 | 7560382 | ICO | 2977475 | 7833508 | 5374184 | |
May 2014 | 3762223 | Seed | 6539474 | 1162110 | 4542782 | 9766421 |
View details of Simplex's funding rounds and investors
Simplex's founders and board of directors
Founder? Claim ProfileThe founders of Simplex are Nimrod Lehavi and Erez Shapira.
Here are the details of Simplex's key team members:
- Nimrod Lehavi: Former Co-Founder & CEO of Simplex. They are also an angel investor in 2 startups.Contact Info: 1 email address
- Erez Shapira: Co-Founder & CTO of Simplex. Contact Info: 1 email address
View details of Simplex's Founder profiles and Board Members
Simplex's employee count trend
Simplex has 336 employees as of Aug 26. Here is Simplex's employee count trend over the years:
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Simplex's Competitors and alternates
Top competitors of Simplex include Symphony, ComplyAdvantage and Sift. Here is the list of Top 10 competitors of Simplex, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Symphony 2014, New York City (United States), Series E | Compliance management solutions for financial institutions | $461M | 76/100 | |
2nd | ComplyAdvantage 2014, London (United Kingdom), Series C | Cloud-based AML solutions | $171M | 75/100 | |
3rd | Sift 1997, San Francisco (United States), Series D | Provider of an AI-powered platform for fraud detection and prevention | $162M | 75/100 | |
4th | Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 74/100 | |
5th | Entrust 1969, Dallas (United States), Acquired | Provider of identity-centric security solutions, including issuance and data protection | - | 74/100 | |
6th | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 73/100 | ||
7th | Platform offering E- Commerce analytics solutions | $28.2M | 73/100 | ||
8th | Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 73/100 | |
9th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 72/100 | ||
10th | AI based identity verification and e-Signing solution provider | $13.8M | 72/100 |
Looking for more details on Simplex's competitors? Click here to see the top ones
Simplex's Investments and acquisitions
Simplex has made 2 investments in Zulu and Archimedes. Simplex has not made any acquisitions as of now.Reports related to Simplex
Here is the latest report on Simplex's sector:
News related to Simplex
Media has covered Simplex for 1 event in last 1 year, It was about partnerships.
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MyBTCX.com Integrates Simplex to Expand Global Crypto Payment OptionsGlobal Fintech Series•Oct 31, 2025•Banxa, Simplex, mybtcx.com
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Terravest Announces The Acquisition Of Simplex Inc.
Miningstockeducation•May 01, 2025•TerraVest Industries, Simplex
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Simplex, an Egyptian startup, has raised $13 million to build a CNC factory in Saudi ArabiaTechgist Africa•Feb 04, 2025•Accrue, Simplex
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NjiaPay, a South African startup, has raised $1 million in a funding roundTechgist Africa•Feb 04, 2025•Simplex, NjiaPay
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Insight Terra, a climate-tech platform based in South Africa, has raised $5.7 million in Series A extension funding roundTechgist Africa•Feb 03, 2025•Simplex
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Fincart, based in Egypt, has raised a pre-seed funding roundTechgist Africa•Feb 03, 2025•Simplex, Fincart
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Simplex secure $13 million in funding to build CNC factory in Saudi ArabiaMy Startup World•Jan 30, 2025•Simplex
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Telegram on the sidelines. Extremists have switched to a new appgospodarka.sos.pl•Oct 07, 2024•Simplex
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Diamond Standard Partners With Simplex To Provide Global Access To Carats, Its Groundbreaking Payment SolutionGlobeNewswire•May 16, 2024•Diamond Standard, Simplex
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