Assertion Partly supported AI assessment confidence: 85% certainty 3/5 debate potential 1/5

Zach Hungate: Simplifeye has raised about $3.5M in total funding

Zach Hungate · 713: You'll Never Guess What Salary They Gave Up To Launch Their Startup · Jul 7, 2017 · at 6:21

Zach Hungate, co-founder of Simplifeye, discloses the total venture capital the healthcare SaaS startup had raised by 2017.

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“About three and a half million.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Simplifeye has raised about $3.5 million in total funding.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

As of July 2017, documented funding records confirm that Simplifeye had raised approximately $3.06 million in cumulative capital, consisting of an initial incubator/accelerator round of ~$59,000 in 2015 and a $3.0 million seed round closed in March 2017 (backed by SoftTech VC, First Round Capital, and Felicis Ventures). The founder's offhand estimate of 'about three and a half million' is slightly higher than the verified $3.06 million total (a ~12.6% discrepancy), qualifying as a close approximation.

PitchBook and the Preccelerator Program confirmed Simplifeye closed a $3.0 million seed round in March 2017.
PitchBook records total cumulative funding raised by Simplifeye as of July 2017 at $3.06 million.
Los Angeles Business Journal documented initial 2015 accelerator funding of $20,000 to $59,000.

Checked against

[1] labusinessjournal.com [2] pitchbook.com [3] preccelerator.com [4] uncorkcapital.com [5] preccelerator.com [6] preccelerator.com [7] dental-tribune.com [8] dentalproductsreport.com

"Simplifeye" "March 2017" OR "March 9, 2017" OR "March 13, 2017" "Simplifeye" "funding" OR "raised" OR "Form D" OR "Series" OR "Seed" "Simplifeye" "Zach Hungate" funding OR investors OR seed OR series "Simplifeye" "3 million" OR "3M" "First Round" OR "SoftTech" "Simplifeye" SEC Form D OR "EDGAR"

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Simplifeye Zach Hungate

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Assertion Not checkable as stated

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Assertion Supported

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Assertion Not checkable as stated

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Zach Hungate: Simplifeye has raised about $3.5M in total funding

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