About ALGOR
ALGOR is a company based in Pittsburgh (United States) founded in 1976 was acquired by Autodesk in December 2008.. ALGOR operates in a competitive market with competitors including Altair, ZWSOFT, Tech Soft, SimScale and ESI Group, among others.
- Headquarter Pittsburgh, United States
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
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Funding Insights of ALGOR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ALGOR
ALGOR has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Autodesk. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of cloud-based 3D CAD modeling software for the AEC industry
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by ALGOR
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ALGOR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Algor Comparisons
Competitors of ALGOR
ALGOR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Altair, ZWSOFT, Tech Soft, SimScale and ESI Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-powered data science platform enables model deployment and analytics insights.
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| domain | founded_year | HQ Location |
CAD/CAM software solutions for design and product development are provided.
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| domain | founded_year | HQ Location |
Provide 3D designing softwares for developers
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| domain | founded_year | HQ Location |
Cloud-based simulation software
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| domain | founded_year | HQ Location |
Design and simulation software is supplied to industrial manufacturers worldwide.
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| domain | founded_year | HQ Location |
Simulation software is developed for engineering design validation and optimization.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ALGOR
When was ALGOR founded?
ALGOR was founded in 1976.
Where is ALGOR located?
ALGOR is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
What does ALGOR do?
ALGOR, Inc. provides design, analysis, and simulation software. ALGORs computer aided engineering software is used for product design and development in the automotive, aerospace, medical, consumer products, defense, energy and, utility industries. ALGOR softwares simulation capabilities includes: static stress with linear and nonlinear material models; Mechanical Event Simulation (MES) for nonlinear, multi-body dynamics with large-scale motion, large deformation and large strain with body-to-body contact; linear dynamics; fatigue; CFD including steady-state and transient heat transfer, steady and unsteady fluid flow and mass transfer; electrostatics; full multiphysics; and piping. All analysis capabilities are available within FEMPRO, ALGORs single user interface. ALGOR was founded in 1976 and is based in Pittsburgh, Pennsylvania. As of January 20, 2009, ALGOR, Inc. operates as a subsidiary of Autodesk, Inc.
Who are ALGOR's investors?
ALGOR has 1 investor. Key investors include Autodesk.
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