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Carta abandons startup shutdown business, instead backs SimpleClosure’s $15M Series A
In February of 2024, equity management startup Carta revealed that it was getting into the startup winddown business with a new offering called Carta
And now, SimpleClosure, a startup that has described itself as “the Turbo Tax of shutting down,” has announced that Carta is a new investor in its $15 million Series A round. Demand initially was so great that the young startup had already crossed seven figures in annualized revenue by February of 2024, according to Yona. TTV Capital led SimpleClosure’s $15 million Series A, which also included participation from existing investors Infinity Ventures, Anthemis, and Vera Equity.
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