About Comet Solutions
Comet Solutions is a company based in Albuquerque (United States) founded in 2001 was acquired by Aras in September 2018.. Comet Solutions has raised $21.4 million across 16 funding rounds from investors including Aras, Sun Mountain Capital and Athenian Venture Partners. Comet Solutions offers products and services including Togel Online, Slot Online, and Live Casino. Comet Solutions operates in a competitive market with competitors including Altair, ZWSOFT, SimScale, dSPACE and Tech Soft, among others.
- Headquarter Albuquerque, United States
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Products & Services of Comet Solutions
Comet Solutions offers a comprehensive portfolio of products and services, including Togel Online, Slot Online, and Live Casino. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for online lottery betting and number games.
Digital slots for entertainment and wagering.
Real-time casino games with live dealers.
Funding Insights of Comet Solutions
Comet Solutions has successfully raised a total of $21.4M across 16 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $253.5 thousand completed in August 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 16
- Last Round Debt – Conventional — $253,500
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First Round
First Round
(12 Nov 2004)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2016 | Amount | Debt – Conventional - Comet Solutions | Valuation |
investors |
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| Apr, 2016 | Amount | Debt – Conventional - Comet Solutions | Valuation |
investors |
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| Oct, 2015 | Amount | Series C - Comet Solutions | Valuation |
investors |
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| 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 |
Investors in Comet Solutions
Comet Solutions has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Aras, Sun Mountain Capital and Athenian Venture Partners. 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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US focused early stage venture capital firm
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Founded Year | Domain | Location | |
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Private equity fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Flywheel Ventures is focused on building innovative global solutions.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Comet Solutions
| 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 - Comet Solutions
| 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 |
Comet Solutions Comparisons
Competitors of Comet Solutions
Comet Solutions 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, SimScale, dSPACE and Tech Soft, 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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CAD/CAM software solutions for design and product development are provided.
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Cloud-based simulation software
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| domain | founded_year | HQ Location |
Provider of engineering tools for developing and testing mechatronic control systems
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Provide 3D designing softwares for developers
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| domain | founded_year | HQ Location |
Design and simulation software is supplied to industrial manufacturers worldwide.
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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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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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Latest news on Comet Solutions
Frequently Asked Questions about Comet Solutions
When was Comet Solutions founded?
Comet Solutions was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Where is Comet Solutions located?
Comet Solutions is headquartered in Albuquerque, United States. It is registered at Albuquerque, New Mexico, United States.
Is Comet Solutions a funded company?
Comet Solutions is a funded company, having raised a total of $21.4M across 16 funding rounds to date. The company's 1st funding round was a Series C of $1M, raised on Nov 12, 2004.
What does Comet Solutions do?
Comet is a provider of simulation software for product development. The product offerings include SimApps, a suite of simulation software with modules as the gearbox, space systems, consume products, electronics, and automotive. The product is computational fluid dynamics and finite element analysis solution to design and simulate the products. It also provides CAE consultation services, training, and development services. The clientele includes American Axle Manufacturing, Intel, Magna, NASA, Aerospace, General Dynamics, etc.
Who are the top competitors of Comet Solutions?
What products or services does Comet Solutions offer?
Comet Solutions offers Togel Online, Slot Online, and Live Casino.
Who are Comet Solutions's investors?
Comet Solutions has 7 investors. Key investors include Aras, Sun Mountain Capital, Athenian Venture Partners, Fort Washington Investment Advisors, and Flywheel Ventures.
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