About Simple Site
Simple Site is a company based in Copenhagen (Denmark) founded in 2003 was acquired by Group One in October 2022.. Simple Site has raised $3.55 million across 2 funding rounds from investors including Group One, Dico and Kaare Danielsen. The company has 29 employees as of December 31, 2021. Simple Site operates in a competitive market with competitors including Weebly, Webflow, Squarespace, Wix and Webs, among others.
- Headquarter Copenhagen, Denmark
- Employees 29 as on 31 Dec, 2021
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$10.53 M17as on Dec 31, 2016
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Net Profit
$398.98 K (USD)498as on Dec 31, 2020
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EBITDA
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Total Equity Funding
$3.55 M (USD)
in 2 rounds
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Latest Funding Round
$1.35 M (USD), Seed
Dec 12, 2015
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Investors
Group One
& 2 more
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Employee Count
29
as on Dec 31, 2021
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Acquired by
Group One
(Oct 18, 2022)
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![[Leif] Andrew Rump](https://img.thecompanycheck.com/p/leif_andrew_rump_32f77559.webp)
Funding Insights of Simple Site
Simple Site has successfully raised a total of $3.55M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.35 million completed in December 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.4M
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First Round
First Round
(09 Nov 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Seed - Simple Site | Valuation |
investors |
|
| Nov, 2012 | Amount | Seed - Simple Site | Valuation | Dico |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Simple Site
Simple Site has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Group One, Dico and Kaare Danielsen. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital is provided to tech-enabled and SaaS companies.
|
Founded Year | Domain | Location | |
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KD
Kaare Danielsen |
Angel investor and entrepreneur, founder of Jobindex, active in Indian startups
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Founded Year | Domain | Location |
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Provider of the website performance optimization software solution
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Simple Site
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Simple Site
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Simple Site Comparisons
Competitors of Simple Site
Simple Site operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Weebly, Webflow, Squarespace, Wix and Webs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tools for creating websites and online stores are provided.
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| domain | founded_year | HQ Location |
Cloud based website development platform
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| domain | founded_year | HQ Location |
Cloud-based website builder tool
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| domain | founded_year | HQ Location |
Websites are built using Wix's cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
Websites are built without coding via a cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
Cloud-based website development and content management platform is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Simple Site
Frequently Asked Questions about Simple Site
When was Simple Site founded?
Simple Site was founded in 2003 and raised its 1st funding round 9 years after it was founded.
Where is Simple Site located?
Simple Site is headquartered in Copenhagen, Denmark.
Is Simple Site a funded company?
Simple Site is a funded company, having raised a total of $3.55M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.2M, raised on Nov 09, 2012.
How many employees does Simple Site have?
As of Dec 31, 2021, the latest employee count at Simple Site is 29.
What is the annual revenue of Simple Site?
Annual revenue of Simple Site is $10.53M as on Dec 31, 2016.
What does Simple Site do?
SimpleSite was founded in 2003 in Copenhagen, Denmark, and operates in the software-as-a-service sector. Tools are offered to individuals lacking technical or design expertise, enabling the creation of websites for purposes such as sales, blogging, networking, or presentations. Mobile-optimized designs, predefined themes, and layouts are included, along with an integrated online webshop for payment processing. Services are delivered through a subscription-based model.
Who are the top competitors of Simple Site?
Simple Site's top competitors include Webflow, Squarespace and Wix.
Who are Simple Site's investors?
What is Simple Site's valuation?
The valuation of Simple Site is $14.71M as of Dec 2015.
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