Simplex

Businessfiled

Simplex operates in AI / ML, based in San Francisco, CA, USA. AI agents to enroll providers with payors

Sub-sector tags: AI, B2B, Machine Learning, Robotic Process Automation, ai/ml.

Capital & rounds (filed)filed

Simplex has raised $13M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $13M on 2025-02-03.

Most recent recorded round closed around 2025-02-03.

Valuation (modeled)modeled

Provath models Simplex at approximately $60M (range $17M–$113M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.45× the median modeled value of Series A AI / ML companies in 2025–2027 (70 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 17 mo ago; this sector typically re-raises about every 11 months.

Slightly overdue versus sector cadence.

Comparablesmixed

Capital scale ranks ahead of 90% of AI / ML peers (2067 compared).

Modeled value ranks above 86% of those peers.

Closest niche peers: Farsight AI, Inc., 2Build AI, Inc., AI Optics Inc., EdgeRunner AI, Inc., Glia AI, Inc..

Risks & flagsmixed

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.