About FAAC
FAAC is a company based in Ann Arbor (United States) founded in 1971. It operates as a Professional Services, and Managed Services. FAAC has raised $10.2 million across 1 funding round. FAAC offers products and services including Military Simulation Training, Use of Force Simulation, Public Safety Simulation, Transportation Simulation, and Research Simulation. FAAC operates in a competitive market with competitors including Envisage Technologies, AjnaLens, VirTra, PowerPhone and Aechelon Technology, among others.
- Headquarter Ann Arbor, United States
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Sectors
Government & Social SectorAerospace, Defense & Maritime
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Faac Incorporated
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.2 M (USD)
in 1 rounds
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Latest Funding Round
$10.2 M (USD), Series A
Sep 10, 2018
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Investors
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Employee Count
Employee Count
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Products & Services of FAAC
FAAC offers a comprehensive portfolio of products and services, including Military Simulation Training, Use of Force Simulation, Public Safety Simulation, Transportation Simulation, and Research Simulation. 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.
Simulation training for military combat and tactics is provided.
Interactive training for tactical judgment and firearms is offered.
Training simulators for police, fire, and EMS are delivered.
Immersive simulators for transit driver training are provided.
Driving simulators for automotive research are developed and supplied.
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Funding Insights of FAAC
FAAC has successfully raised a total of $10.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $10.2 million completed in September 2018. 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 1
- Last Round Series A — $10.2M
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First Round
First Round
(10 Sep 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series A - FAAC | 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 |
Investments & Acquisitions by FAAC
| 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 - FAAC
| 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 |
Faac Comparisons
Competitors of FAAC
FAAC 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 Envisage Technologies, AjnaLens, VirTra, PowerPhone and Aechelon Technology, 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 |
Training and learning management solutions are offered for first responders.
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| domain | founded_year | HQ Location |
Mixed reality headsets are manufactured for enterprises and defence sectors.
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| domain | founded_year | HQ Location |
Developer of security solutions to detect vulnerabilities in IoT devices
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| domain | founded_year | HQ Location |
Training management software is provided for public safety agencies.
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| domain | founded_year | HQ Location |
3D real-time visual simulations for training are developed.
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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 FAAC
When was FAAC founded?
FAAC was founded in 1971 and raised its 1st funding round 47 years after it was founded.
Where is FAAC located?
FAAC is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.
Who is the current CEO of FAAC?
Kurt Flosky is the current CEO of FAAC.
Is FAAC a funded company?
FAAC is a funded company, having raised a total of $10.2M across 1 funding round to date. The company's 1st funding round was a Series A of $10.2M, raised on Sep 10, 2018.
What does FAAC do?
High-fidelity simulation solutions are developed by FAAC for training and research across multiple sectors. Industries such as military, public safety, transportation, and automotive research are served with customizable simulators. Immersive environments for combat training, driver training, use of force scenarios, and emergency response are created. Advanced tools like SimBuilder and SimController are offered for air and land simulation. Support and expertise from engineers and subject-matter experts are provided to ensure effective implementation. The focus is placed on achieving maximum learning retention and accurate research data through realistic simulation experiences.
Who are the top competitors of FAAC?
FAAC's top competitors include AjnaLens, Aechelon Technology and VirTra.
What products or services does FAAC offer?
FAAC offers Military Simulation Training, Use of Force Simulation, Public Safety Simulation, Transportation Simulation, and Research Simulation.
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