About Simplicity
Simplicity is a company based in Palo Alto (United States) founded in 2019. It operates as a AI-as-a-Service, and White Labeling / Private Label. Simplicity has raised $9.7 million across 5 funding rounds from investors including Perry Talents, Russell Simmons and Derrick Jones. Simplicity offers products and services including Charlie AI Guide and Custom Travel Itinerary. Simplicity operates in a competitive market with competitors including NiC, CityGrows, CrimsonLogic, Comat Technologies and adam, among others.
- Headquarter Palo Alto, United States
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Sectors
Government & Social Sector
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Email
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Phone
*********
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Website
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Social
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- Legal Name Simplicity Tech Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.7 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Perry Talents
& 4 more
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Employee Count
Employee Count
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Products & Services of Simplicity
Simplicity offers a comprehensive portfolio of products and services, including Charlie AI Guide and Custom Travel Itinerary. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personal travel assistant powered by advanced AI technology.
Tailored travel plans built for individual user preferences.
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Funding Insights of Simplicity
Simplicity has successfully raised a total of $9.7M across 5 strategic funding rounds. 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 5
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Angel Round - Simplicity | Valuation | Russell Simmons |
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| Jul, 2022 | Amount | Angel Round - Simplicity | Valuation | Derrick Jones |
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| Aug, 2021 | Amount | Seed - Simplicity | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Simplicity
Simplicity has secured backing from 5 investors, including angel and venture fund investors. Prominent investors backing the company include Perry Talents, Russell Simmons and Derrick Jones. 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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A venture capital fund focused on innovative Slovak companies is operated.
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Sector-agnostic acceleration and incubation are provided to startups.
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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
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Simplicity
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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 - Simplicity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Simplicity Comparisons
Competitors of Simplicity
Simplicity 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 NiC, CityGrows, CrimsonLogic, Comat Technologies and adam, 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 |
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| domain | founded_year | HQ Location |
Digital solutions and payment processing are provided to government agencies.
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Cloud-based platform for government licensing and permitting is offered.
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| domain | founded_year | HQ Location |
eGovernment solutions are delivered for agencies and citizens worldwide.
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E-governance solutions are delivered via ICT in rural areas.
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Digital solutions for public sector services are managed online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Simplicity
Frequently Asked Questions about Simplicity
When was Simplicity founded?
Simplicity was founded in 2019.
Where is Simplicity located?
Simplicity is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Simplicity a funded company?
Simplicity is a funded company, having raised a total of $9.7M across 5 funding rounds to date. The company's 1st funding round was a Seed of $8.5M, raised on Jun 01, 2019.
What does Simplicity do?
Simplicity is operated as an all-in-one travel app powered by AI, focusing on enhancing urban experiences for travelers. The app is designed to provide personalized travel assistance through features like Charlie AI Guide, custom itineraries, and smart ticketing systems. It serves over 150 cities worldwide, catering to both individual users and B2B partners with white-label solutions. The company is supported by notable investors and trusted by city leaders, aiming to make journeys seamless across various global locations.
Who are the top competitors of Simplicity?
Simplicity's top competitors include CrimsonLogic, adam and Spatial Data Logic.
What products or services does Simplicity offer?
Simplicity offers Charlie AI Guide and Custom Travel Itinerary.
Who are Simplicity's investors?
Simplicity has 5 investors. Key investors include Perry Talents, Russell Simmons, Derrick Jones, Zero Gravity Capital, and Venture to Future Fund.
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