SimpleClosure has been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2025, recognized for transforming the traditionally manual and complex process of winding down companies.
This year's list highlights businesses that are setting new standards across all sectors of the economy. Alongside the World's 50 Most Innovative Companies, Fast Company recognizes hundreds of organizations across numerous sectors and regions.
Startup dissolutions is an overlooked but critical part of the startup ecosystem. Our recognition on Fast Company's list validates our mission to help founders move on by bringing the shutdown process online and automating it so they can save time and money while focusing on their next venture.
SimpleClosure earned this recognition by reimagining the traditional company shutdown process that once took months or even years to complete. The company's innovative platform assists with all aspects of dissolution—from legal filings and financial closures to returning capital to investors and regulatory compliance across the majority of states. By automating parts of these processes, SimpleClosure has shortened the time it takes to shut down a business by 5x and slashed costs by 75%, giving founders the space to move forward without the burden of unfinished business.
In 2024 SimpleClosure experienced explosive growh with new customers and helped dissolve over 500 companies, returning over $85 million to investors. The company's approach combines legal and engineering expertise that demystifies the dissolution process while providing transparency to all stakeholders.
Key innovations that contributed to SimpleClosure's ranking include:
Automated Dissolution Platform — A first-of-its-kind software that ensures compliance across the US with unprecedented precision and efficiency
Real-Time Tracking System — Tools that give founders, legal teams and investors transparency into each step of the shutdown process, eliminating uncertainty
Asset Redistribution Services — Facilitating the return of capital to investors, overseeing IP sales and helping employees transition to new opportunities