Comet Solutions

Albuquerque, United States Founded: 2001 • Age: 25 yrs Acquired By Aras
Simulation software for product development is provided by Comet Solutions.
Annual revenue - Latest available
Total funding $21.4M 16 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Industrial Goods & Manufacturing
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $21.4 M (USD)

    in 16 rounds

  • Latest Funding Round
    $253.5 K (USD), Debt – Conventional

    Aug 23, 2016

  • Investors
    Aras

    & 6 more

  • Employee Count
    Not available
  • Acquired by
    Aras

    (Sep 25, 2018)

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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.

Product name locked
Category locked
Primary

Platform for online lottery betting and number games.

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Digital slots for entertainment and wagering.

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
US focused early stage venture capital firm
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Private equity fund focused on multiple sectors
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Flywheel Ventures is focused on building innovative global solutions.
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Investor details for Comet Solutions

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Comet Solutions

Investments
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Investment portfolio details for Comet Solutions

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Financial Statements - Comet Solutions

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Detailed financials for Comet Solutions

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Comet Solutions Comparisons

Comet Solutions Primary company
Description
Simulation software for product development is provided by C...
Location
Albuquerque, United States
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Comet Solutions

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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.

Company Name Domain Founded year HQ Location Description
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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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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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Design and simulation software is supplied to industrial manufacturers worldwide.
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Detailed competitors of Comet Solutions

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Latest news on Comet Solutions

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Complete news archive for Comet Solutions

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Frequently Asked Questions about Comet Solutions

Comet Solutions was founded in 2001 and raised its 1st funding round 3 years after it was founded.

Comet Solutions is headquartered in Albuquerque, United States. It is registered at Albuquerque, New Mexico, United States.

Comet Solutions is a funded company, having raised a total of $21.4M across 16 funding rounds to date.

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.

Comet Solutions's top competitors include Altair, ZWSOFT and SimScale.

Comet Solutions offers Togel Online, Slot Online, and Live Casino.

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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