Companies · SaaS / Software

SimpleLegal, Inc.Summer 2013Acquired

MOUNTAIN VIEW · CA, USA; Mountain View, CA, USA · SaaS / Software · refined from filed group “Other · founded 2013 · http://simplelegal.com

Diligence memoA one-page analyst read on SimpleLegal, Inc. — recommendation, valuation, rhythm, risks.
$11.7M
Total raised · real
2
Rounds
1.0×
Latest step-up
Top 7%
Sector rank · raised
Series A
Latest stage · inferred · Mon May 01 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

SimpleLegal, Inc. has raised $12M over 2 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the saas sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 9.2 yr ago; this sector typically re-raises about every 22 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in SaaS / Software

SimpleLegal, Inc. is one of 381 SaaS / Software companies tracked from MOUNTAIN VIEW, CA, USA; Mountain View, CA, USA, on record since 2013. By capital raised it ranks among the largest (ahead of 94% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Legal Operations for corporate legal teams.

Legal spend, matter, accrual and IP management software for in-house counsel.

SaaSLegal
Find SimpleLegal, Inc. online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
4
Investors (latest)
2013
Year incorporated
2017-05-01
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeed · 2015-10-02 Raised $1.6M (real) Modeled valuation $63M (est)$1.6M$63MSeed2015Series A · 2017-05-01 Raised $10M (real) Modeled valuation $318M (est)$10M$318MSeries A2017Series A · 2017-05-01 Raised $10M (real) Modeled valuation $317M (est)$10M$317MSeries A2017+$10M+$10MCumulative $22M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.6M · 2015
Series A$10.1M · 2017
Series A extension$10.1M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$318.1M
Base estimate est.
$13.8M
Conservative case
$1.7B
Upside case
$45.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the saas sector profile. Directional, not a quoted figure.

Seed · modeled $62.9M · 2015-10-022015Series A · modeled $318.1M · 2017-05-01Series A · modeled $317.4M · 2017-05-012017
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.52×/yr
Annual markup
1.92×/yr upside case
6.0 yr
Elapsed time used
9.2 yr actual, capped for stale marks
saas
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$7.4M/yr
Capital velocity
10.8 yr
On record since
2015
First round
3
Rounds on file
How it compares to the market

Benchmarked against 381 companies in SaaS / Software. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.5× above median
This company$11.7M
Sector median$7.7M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.1× above median
This company$10.1M
Sector median$9.4M
Modeled value — vs sector median (estimate, all stages) 3.7× above median
This company$318.1M
Sector median$86.6M

Raised more than 94% of sector peers (real $). Modeled value above 96% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Nimble, Inc. · Series A Raised $12.5M · modeled $395.3M (est)GitPrime, Inc. · Series A Raised $13.8M · modeled $385.0M (est)SimpleLegal, Inc. (this company) Raised $11.7M · modeled $318.1M (est)SimpleLegal, Inc.
CompanyStageRaised · realValue · estvs peer med.
Nimble, Inc.Series A$12.5M$395.3M1.03×
GitPrime, Inc.Series A$13.8M$385.0M1.00×
SimpleLegal, Inc. this companySeries A$11.7M$318.1M0.83×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.6M2015-10-02$8.1M$62.9M85%
Series A$10.1M2017-05-01$45.9M$318.1M90%
Series A$10.1M2017-05-01$45.8M$317.4M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.6M2015-10-02
    • First recorded raise — entered as Seed.
    • 17 investors on this round.
  2. Series A$10.1M2017-05-01
    • Raised 19 mo later, in step with the ~22 mo sector norm.
    • Round 6.2× larger than the prior — scaling up.
    • 1 investor on this round.
  3. Series A$10.1M2017-05-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
Intelligence
2018 ~Q1
Modeled next raise · ~9mo cadence
$10.1M
Modeled next size est.range $10.1M$16.1M
1.0×
Last step-up
$7.4M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
John Greathouse8 other2015-10
Nathan Wenzel2015-10
Patrick Outerricky2017-05
Patrik Outericky2015-10
Registry & provenance

SimpleLegal, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1655814
SEC CIK
2013
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
CarbonChain, Inc.SaaS / SoftwareSeries A$12.0M$132.5Msame sector · same stage
Nimble, Inc.SaaS / SoftwareSeries A$12.5M$395.3Msame sector · same stage
Hilos IncSaaS / SoftwareSeries A$13.6M$40.3Msame sector · same stage
SaaS Optics, LLCSaaS / SoftwareSeries A$13.7M$285.1Msame sector · same stage
GitPrime, Inc.SaaS / SoftwareSeries A$13.8M$385.0Msame sector · same stage
Berbix Inc.SaaS / SoftwareSeries A$14.0M$364.5Msame sector · same stage
Fable, Inc.SaaS / SoftwareSeries A$15.0M$280.1Msame sector · same stage
GetAccept Inc.SaaS / SoftwareSeries A$8.9M$279.8Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Firstbase.io
The all-in-one startup operating system
Legaltech75%
Lawyaw
Automating document-based workflows
SaaS / Software74%
OneCourt Technologies, Inc.Software / TechPre-Seed$2.2M74%
Legal Services
South African company, based in Cape Town. Sector: legal tech.
legal tech73%
Lexi
AI Associates for Corporate Law
Legaltech72%
Hona
Personal Injury Legal Work - Automated
Legaltech72%
onetool
App-Store for SaaS: one invoice, one user management, one login.
SaaS / Software71%
OpenIntake
The AI Front Door For Law Firms
Legaltech71%
Frequently asked
How much funding has SimpleLegal, Inc. raised?
SimpleLegal, Inc. has raised approximately $11.7M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is SimpleLegal, Inc.'s estimated valuation?
Provath's modeled valuation for SimpleLegal, Inc. is approximately $318.1M (modeled range $13.8M–$1.7B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is SimpleLegal, Inc. at?
SimpleLegal, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon May 01.
What does SimpleLegal, Inc. do and where is it based?
SimpleLegal, Inc. operates in the SaaS / Software sector, based in MOUNTAIN VIEW, CA, USA; Mountain View, CA, USA. Legal Operations for corporate legal teams.
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