When was Simplex founded?

Simplex was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is Simplex located?

Simplex is headquartered in Ramat Gan, Israel.

Who is the current CEO of Simplex?

Nimrod Lehavi of Simplex. They are also angel investors in 2 startups.

How many employees does Simplex have?

As of May 31, 2026, the latest employee count at Simplex is 323.

Is Simplex a funded company?

Simplex is a funded company, having raised a total of $19M across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Mar 2014.

When was the latest funding round of Simplex?

Simplex's latest funding was a $***** Series A round on Feb 05, 2016, with participation from 2 investors. Its primary sector is Security & Surveillance Technology. In Israel, the Security & Surveillance Technology sector has seen $100M in funding in 2026 to date.

Where does Simplex rank among its competitors?

Simplex ranks 6th amongst 2227 active competitors, of which 439 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Idfy, which secured $24.3M in Feb, 2026.

Who are the top competitors of Simplex?

Simplex's top competitors include Chainalysis, Jumio and ComplyAdvantage. Among them, Idfy secured the most recent funding round in February, 2026.

Simplex - 2026 Company Profile, Team, Funding & Competitors

Q: Is Simplex an acquired company?

Simplex got acquired by Nuvei on May 06, 2021.

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 2227 active competitors, including 439 funded and 289 that have exited. Its top competitors include companies like Chainalysis, Jumio and ComplyAdvantage.

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/
Social
Email ID: *****@simplex.com
Part Of

Key Metrics

Founded Year

2014

Location

Ramat Gan, Israel

Stage

Acquired

Total Funding

$19M in 4 rounds

Latest Funding Round

Series A, Feb 05, 2016, $*****

Investors

FundersClub & 13 more

Ranked

6^th among 2227 active competitors

Employee Count

323 as on May 31, 2026

Investment & Acquisitions

Zulu & 1 more

Similar Companies

Chainalysis & 2736 more

Exit Details

Acquired by Nuvei (May 06, 2021)

View Simplex's full profile

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 got acquired by Nuvei on May 06, 2021 at an acquisition amount of $*****.

Click here to take a look at Simplex's acquisition in detail

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 05, 2016	9914091	Series A	1105677	4771048	7190464	3265047
Dec 01, 2014	1192215	ICO	4444928	7078776	5654601	BITMAIN & 2 more
May 2014	6035827	Seed	9978804	8936931	5223716	6877411

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View details of Simplex's funding rounds and investors

The 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 323 employees as of May 26. Here is Simplex's employee count trend over the years:

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Top competitors of Simplex include Chainalysis, Jumio and ComplyAdvantage. Here is the list of Top 10 competitors of Simplex, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Chainalysis 2014, New York City (United States), Series F	Blockchain data platform providing crypto insights	$538M	GIC, Accel & 45 others	77/100
2nd	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$196M	Great Hill Partners, Millennium Technology Value Partners ... & 10 others	76/100
3rd	ComplyAdvantage 2014, London (United Kingdom), Series C	Cloud-based AML solutions	$171M	Ontario Teachers' Pension Plan, Balderton Capital ... & 46 others	75/100
4th	Idfy 2011, Mumbai (India), Series F	Provider of a platform for identity verification and risk management	$62.7M	Blume Venture, New Enterprise Associates ... & 40 others	75/100
5th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Entree Capital & 21 others	75/100
6th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	SIB Investment Group, Worldview Technology Partners ... & 12 others	73/100
7th	Profitero 2009, Dun Laoghaire (Ireland), Acquired	Platform offering E- Commerce analytics solutions	$28.2M	Scaleworks, Polaris Partners & 10 others	73/100
8th	Entrust 1969, Dallas (United States), Acquired	Provider of identity-centric security solutions, including issuance and data protection	-	Thoma Bravo, Neuberger Berman Capital Solutions ... & 2 others	72/100
9th	Evrotrust 2015, Sofia (Bulgaria), Series B	AI based identity verification and e-Signing solution provider	$13.8M	3TS Capital Partners, BDB & 5 others	72/100
10th	Signifyd 2011, Palo Alto (United States), Series E	Provider of fraud prevention and payment validation for online retailers	$394M	Resolute Ventures, Owl Rock & 29 others	70/100