Simply Do Ideas
Valuation
$3.4M
2024 Revenue
$691.9K
Funding
$1.6M
YOY
39.3%
Team
14
Founded
2015
How Simply Do Ideas CEO Lee Sharma grew Simply Do Ideas to $691.9K revenue with a 14 person team in 2024.
Provider of an an online platform intended to turn very early stage ideas into enterprising action making innovation and entrepreneurship accessible to all. The company's platform supports enterprise and employability staff to bring students ideas to life, either as projects, group assignments or startup businesses, enabling people to identify and implement good ideas creating positive impact across education, entrepreneurship and innovation.
Last updated
Simply Do Ideas Revenue
In 2024, Simply Do Ideas's revenue reached $691.9K. The company previously reported $496.8K in 2023. Since its launch in 2015, Simply Do Ideas has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Simply Do Ideas Hit $691.9k revenue in October 2024 |
| 2023 | Simply Do Ideas Hit $496.8k revenue in December 2023 |
| 2022 | Simply Do Ideas Hit $504.9k revenue in December 2022 |
| 2015 | Launched with $0 revenue |
Simply Do Ideas Valuation, Funding Rounds
Simply Do Ideas reached a $3.4M valuation in 2021, set during its Seed Round round.
Simply Do Ideas has raised $1.6M in total funding across 3 rounds, most recently a $682K Seed Round round in 2021.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | Seed Round | $682K | $3.4M | 20% |
| 2018 | Pre Seed Round | $784K | $2.5M | 32% |
| 2016 | Angel Round | $100K | $234.5K | 43% |
Simply Do Ideas Employees & Team Size
Simply Do Ideas employs approximately 14 people as of 2026.
Simply Do Ideas has 14 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 14 employees (December 2024) |
| 2023 | Reached 14 employees (December 2023) |
| 2022 | Reached 9 employees (December 2022) |
| 2021 | Reached 10 employees (December 2021) |
Founder / CEO
Lee Sharma
Lee Sharma is listed as Founder / CEO at Simply Do Ideas.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Simply Do Ideas yet.
Frequently Asked Questions about Simply Do Ideas
What is Simply Do Ideas's revenue?
Simply Do Ideas generates $691.9K in revenue.
Who founded Simply Do Ideas?
Simply Do Ideas was founded by Lee Sharma.
Who is the CEO of Simply Do Ideas?
The CEO of Simply Do Ideas is Lee Sharma.
How much funding does Simply Do Ideas have?
Simply Do Ideas raised $1.6M.
How many employees does Simply Do Ideas have?
Simply Do Ideas has 14 employees.
Where is Simply Do Ideas headquarters?
Simply Do Ideas is headquartered in Cardiff, Wales, United Kingdom.
People Also Viewed
DoxyChain
Next-generation blockchain document management system (DMS)
Treatstock
The company primarily operates in the Software industry. Treatstock was founded in 2016 and is headquartered in Newark, DE.
Webproof
The company primarily operates in the Software industry. Webproof is headquartered in Miami, FL.
Echelon Insights
Provider of digital intelligence intended to offer research and analytics services. The company's intelligence provides complete situational awareness by creating and organizing the information needed to make the best decisions, enabling companies to make informed decision that helps improve their businesses.
OpsVantage Digital
X-CITE S.A.
We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .