Carta abandons startup shutdown business, instead backs SimpleClosure’s $15M Series A

Carta, a equity management startup, shifted its focus by retiring its Carta Conclusions offering in December 2024. The company decided to partner with SimpleClosure instead, which is now investing $15 million in a Series A round led by TTV Capital. Dori Yona founded SimpleClosure after creating a platform to automate startup shutdowns, raising $20.5 million and becoming one of the fastest-growing exits in recent years. Both companies are addressing the critical but often overlooked aspect of business termination, with Carta aiming to partner with experts while SimpleClosure continues to expand its services.