Companies · AI / ML
San Francisco · CA, USA · AI / ML · founded 2024 · https://simplex.sh
Diligence memoA one-page analyst read on Simplex — recommendation, valuation, rhythm, risks.→Simplex looks over-valued against its niche peers and is quiet on financing cadence.
Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the ai/ml sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
Simplex is one of 2067 AI / ML companies tracked from San Francisco, CA, USA, on record since 2024. By capital raised it ranks among the largest (ahead of 90% of sector peers), and in the upper tier 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”
AI agents to enroll providers with payors
Simplex builds AI agents to handle provider enrollment end-to-end. We automate pulling provider data from CAQH, filling out enrollment forms + uploading licenses via payor portals/email/phone, updating applications when returned for corrections, and performing effective date follow-ups until a final determination is made, all autonomously.
As reported in public records reported — not modeled.
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.
Round size and date are reported; the stage label is inferred from round size (latest is Series A — a $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the ai/ml sector profile. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
Benchmarked against 2067 companies in AI / ML. 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.
Raised more than 90% of sector peers (real $). Modeled value above 86% of peers (estimate).
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 company ranks #1 of 70.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Simplex this company | Series A | $13.0M | $59.9M | 2.45× |
| Farsight AI, Inc. | Series A | $14.9M | $59.5M | 2.44× |
| 2Build AI, Inc. | Series A | $15.0M | $54.8M | 2.24× |
| AI Optics Inc. | Series A | $14.7M | $53.9M | 2.21× |
| EdgeRunner AI, Inc. | Series A | $17.5M | $50.0M | 2.05× |
| Glia AI, Inc. | Series A | $13.4M | $47.9M | 1.96× |
| Pokee Ai Inc. | Series A | $11.9M | $47.8M | 1.96× |
| MultiSensor AI Holdings, Inc. | Series A | $29.0M | $46.7M | 1.91× |
| Boostly, Inc. | Series A | $10.0M | $46.3M | 1.90× |
| Rwazi, Inc. | Series A | $25.8M | $45.1M | 1.85× |
| Human Ai Labs, Inc. | Series A | $22.1M | $44.5M | 1.82× |
| GiXsystem.ai, Inc. | Series A | $13.5M | $43.5M | 1.78× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Series A | $13.0M | 2025-02-03 | $59.1M | $59.9M | 45% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
Simplex is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Rollstack Inc. | AI / ML | Series A | $12.9M | $73.7M | same sector · same stage |
| Tackle Ai, Llc | AI / ML | Series A | $13.1M | $19.3M | same sector · same stage |
| Guardforce AI Co., Ltd. | AI / ML | Series A | $13.2M | $21.8M | same sector · same stage |
| Basetwo Artificial Intelligence Inc. | AI / ML | Series A | $13.4M | $72.4M | same sector · same stage |
| Glia AI, Inc. | AI / ML | Series A | $13.4M | $47.9M | same sector · same stage |
| Controlrooms.ai, Inc. | AI / ML | Series A | $13.4M | $100.2M | same sector · same stage |
| Stax.ai, Inc. | AI / ML | Series A | $12.5M | $38.9M | same sector · same stage |
| Mesh Intelligent Technologies, Inc. | AI / ML | Series A | $13.5M | $91.4M | same sector · same stage |
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.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Simple AI AI voice that sells | AI / ML | — | — | 79% |
| Care GP AI agents to run primary healthcare operations | AI / ML | — | — | 79% |
| Parallel AI agents for healthcare admin | AI / ML | — | — | 79% |
| Comena AI agents for distributors and manufacturers to automate order entry. | AI / ML | — | — | 78% |
| CopyCat AI agents built for insurance. | Insurance | — | — | 78% |
| Agentin AI AI Agents that automate enterprise software processes | AI / ML | — | — | 78% |
| Minded Cursor for AI Agents | AI / ML | — | — | 77% |
| Substrate Artificial Intelligence for your medical billing team | AI / ML | — | — | 77% |
See where Simplex sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
If you work at Simplex, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.
Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.