What is SIMBA?
Established in 2017 and headquartered in Plymouth, Indiana, SIMBA Chain operates a cloud-based zero-trust platform designed to streamline secure data interactions for government and enterprise clients. The company specializes in transforming data into verifiable, private, and portable assets, thereby enabling intelligent, reliable, and accessible data exchanges. SIMBA's innovative approach addresses critical needs for data integrity and security in complex organizational environments.
How much funding has SIMBA raised?
SIMBA has raised a total of $56.5M across 3 funding rounds:
Angel/Seed
$1.5M
Series A
$25M
Other Financing Round
$30M
Angel/Seed (2020): $1.5M with participation from First Source Capital, Elevate Ventures, and Pit Road Fund
Series A (2021): $25M led by Valley Capital Partners
Other Financing Round (2023): $30M supported by U.S. Air Force
Key Investors in SIMBA
U.S. Air Force
The U.S. Air Force is a military service branch organized within the Department of the Air Force, one of the three military departments of the Department of Defense. The Air Force, through the Department of the Air Force, is headed by the civilian Secretary of the Air Force, who reports to the Secretary of Defense, and is appointed by the President with Senate confirmation.
Valley Capital Partners
Valley Capital Partners is an early stage venture capital firm investing in technology-based companies. Key areas of investment focus include enterprise infrastructure, security technology, deep tech sectors such as AI & robotics and technology that solves hard problems at scale.
Elevate Ventures
Elevate Ventures is an active participant in shaping the future of Indiana by investing in cross-sector innovation-driven companies at Pre-Seed, Seed, and Series A stages. They provide funding and guidance for entrepreneurs and seek founders with grit, creativity, and coachability. Elevate Ventures sources founders with great ideas, validates pain points, and provides initial guidance to obtain capital.
What's next for SIMBA?
The recent major strategic investment positions SIMBA for accelerated growth and further development of its secure data interaction technologies. With a foundation built on enterprise-grade security and data portability, the company is poised to expand its market reach. Future endeavors will likely focus on enhancing platform capabilities, forging new strategic partnerships, and solidifying its position as a leader in the zero-trust data solutions market, leveraging this latest round of financing to drive innovation and operational scaling.
See full SIMBA company page
