Diligence memo · auto-generated · as of July 2, 2026
SimpleLegal, Inc.
SimpleLegal, Inc. has raised $12M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
SimpleLegal, Inc. operates in SaaS / Software, based in MOUNTAIN VIEW, CA, USA; Mountain View, CA, USA. Legal Operations for corporate legal teams.
Sub-sector tags: SaaS, Legal.
Capital & rounds (filed)filed
SimpleLegal, Inc. has raised $12M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $10M on 2017-05-01.
Most recent recorded round closed around 2017-05-01.
Valuation (modeled)modeled
Provath models SimpleLegal, Inc. at approximately $318M (range $14M–$1.7B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 9 months.
Last raise 9.2 yr ago; this sector typically re-raises about every 22 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 94% of SaaS / Software peers (381 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: Nimble, Inc., GitPrime, Inc..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.