SimpleForms

Early Stage

We enable businesses to build their perfect employee, vendor, or client on-boarding tool.

Overview

Raised to Date: Raised: $30,657

Total Commitments ($USD)

Platform

Netcapital

Start Date

11/07/2017

Close Date

02/05/2018

Min. Goal

$10,000

Max. Goal

$200,000

Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$2,532,750

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/28/2018

Days Remaining
Funded
% of Min. Goal

307%

% of Max. Goal

15%

Likelihood of Max
Funded
Avg. Daily Raise

$341

Momentum
Funded
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Year Founded

2016

Industry

Business Services, Software, & Applications

Tech Sector

Location

San Diego, California

Employee documentation, for both the employee and employer, can time consuming, confusing, and tedious. With today’s technology, how is there not a simpler way?

Well, now there is! SimpleForm is here to provide the antidote for the employee documentation headache. SimpleForm streamlines completion, compliance, and storage W-4 forms, i-9s, and W-9s by building in a custom forms portal and keeping you and your company fully compliant against audits. It’s the perfect employee, vendor, and/or client onboarding tool, and it provides endless integration opportunities. It can help with tax form selections and identify which forms your employees need to fill out; it can create new forms and auto-populate company information into those forms; it offers automatic onboarding with notifications; and it provides secure cloud storage with paperless and digital signatures. It’s a one stop platform shop for all your information and forms.

Although SimpleForms is built to span all industries, it’s currently focusing on four industries: Food/Beverage and Hospitality, Retail, Construction and Recreation and Entertainment. It’s also taking a very focused approach into franchised businesses. Right now, SimpleForms is live in ten states with 200 locations using their platform. With each user, SimpleForms is proving that, as the franchise grows, their platform grows with it.

With continual growth and the solution to a problem that vexes everyone, it’s no wonder that SimpleForms is gaining attention. Their pitch won at Hera Fast Pitch; they’ve won 37 Angels to date; and they were one of six finalists for the Cox San Diego Pitch Competition. They’re also about to launch with their first events customer, who hires independent contractors for major festivals such as Coachella and StageCoach.

With 55 million freelancers making up 34% of the workforce, keeping tracks of employee documentation has never been more necessary - or more confusing. SimpleForms simplifies the process of completing, exchanging, and storing mandatory employment documents to protect businesses from costly audits. SimpleForm can become the source of information for all your other systems, and truly make your life easier and simple -- one form at a time.

“Who Should Be Interested in this Offer:”
Are you a small business, or a large company, that is constantly trying to manage employee documentation? Or are you a freelancer struggling to stay up to date with forms and keep track of them all? If yes, then SimpleForms might be the investment for you. Their streamlined platform simplifies the documentation process, making your life easier. If you want to spend more time doing your actual work, and less time worrying about forms, then SimpleForms could be what you’re looking for.
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SimpleForms on Netcapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $2,532,750

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