About Simply5
Simply5 is a company based in Hyderabad (India) founded in 2020 by Yeshwanth Reddy. Simply5 has raised $100 thousand across 1 funding round from investors including Upekkha. Simply5 offers products and services including EDGE and CloudLAN. Simply5 operates in a competitive market with competitors including Tailscale, Array Networks, Hola VPN, ProtonVPN and NetMotion, among others.
- Headquarter Hyderabad, India
- Founders Yeshwanth Reddy
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Sectors
Technology
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Openwifi Labs Pvt Ltd
- Date of Incorporation 02 Dec, 2016
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$44.14 K (USD)-47.12as on Mar 31, 2021
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Net Profit
-$39.17 K (USD)-138.48as on Mar 31, 2021
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EBITDA
-$38.55 K (USD)-270as on Mar 31, 2021
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
Jun 01, 2021
- Investors
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Employee Count
Not available
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Products & Services of Simply5
Simply5 offers a comprehensive portfolio of products and services, including EDGE and CloudLAN.
Cloud-managed device for business connectivity and control.
Secure virtual office for remote team access and collaboration.
Funding Insights of Simply5
Simply5 has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in June 2021. 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.
Investors in Simply5
Simply5 has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Upekkha.
| Investor | Description | Founded Year | Domain | Location |
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AI startup acceleration and networking services are offered globally.
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Locked | Locked | Locked |
Investor details for Simply5
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
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Investments & Acquisitions by Simply5
Investment portfolio details for Simply5
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Simply5
Detailed financials for Simply5
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Simply5 Comparisons
Peer comparison for Simply5
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Simply5
Simply5 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 Tailscale, Array Networks, Hola VPN, ProtonVPN and NetMotion, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
VPN solutions based on WireGuard protocol are offered.
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Network Functions Virtualization platform provider
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VPN services for private browsing and video acceleration are offered.
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Secure VPN for online privacy, fast connections, and content access worldwide.
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| Locked | Locked | Locked |
Mobile security and enterprise VPN solutions are offered by NetMotion.
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Secure VPN software and scalable network services are provided.
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Detailed competitors of Simply5
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Latest news on Simply5
Complete news archive for Simply5
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Frequently Asked Questions about Simply5
Simply5 was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Simply5 is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Simply5 is a funded company, having raised a total of $100K across 1 funding round to date.
Annual revenue of Simply5 is $44.14K as on Mar 31, 2021.
Simply5 was founded in 2020 in Hyderabad, India, as a provider of cloud-based VPN solutions for businesses. Private networks are created to connect teams to the internet using dedicated IP addresses, with data secured through encrypted connections. Access to office servers is enabled from remote locations. Operations focus on the cybersecurity sector, serving enterprise needs for reliable remote connectivity.
Simply5's top competitors include Tailscale, Array Networks and ExpressVPN.
Simply5 offers EDGE and CloudLAN.
Simply5 has 1 investor. Key investors include Upekkha.